Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Yakeey, a Moroccan proptech startup founded by Karim Beqqali, is set to raise up to $7 million in Series A funding from IFC. The investment will expand its digital property marketplace, designed to rebuild trust and streamline real estate transactions across Morocco.
IFC’s $430M financing supports Maroc Telecom’s 4G expansion in Chad and Mali, aiming to improve digital access and bridge connectivity gaps across Africa.
Maroc Telecom and IFC invest €370 million to expand 4G networks in Mali and Chad, enhancing digital inclusion, financial services, and economic development in underserved regions.
The Microcredit Regulatory Authority (MRA) and IFC have launched a USD 350,000 project to enhance Bangladesh’s microfinance sector. The initiative will promote digital financial services and expand access to housing loans for low-income communities. It includes capacity-building for MRA officials and aims to improve financial inclusion and living standards.
The International Finance Corporation (IFC) has committed to supporting Pakistan’s growth in sectors such as green energy, telecom, and digitization. The announcement came during a meeting between IFC’s Makhtar Diop and Pakistan’s Finance Minister Muhammad Aurangzeb, where discussions focused on economic reforms and private-sector growth.