The Moroccan government plans to invest 360 million dirhams (about $36 million) to establish a specialized gaming zone in Rabat. This initiative aims to foster game development, coding, and professional training, ultimately generating jobs and attracting international talent, reinforcing Morocco’s position as a gaming hub in Africa and the Middle East.
Telecom experts suggest that Teletalk, Bangladesh’s state-owned mobile operator, can revitalize its services through significant investment and innovative strategies. Recommendations include a joint venture with BTCL and a focus on data services to improve customer engagement and operational efficiency, addressing current challenges and enhancing competitiveness in the telecom market.
Moroccan prop-tech startup Agenz has secured an undisclosed investment from Renew Capital to expand its services across Morocco and Africa. Founded in 2020, Agenz uses data intelligence for property valuations and market insights, enhancing transparency in the real estate sector and enabling informed decision-making for buyers and sellers.
01Edu has partnered with NextEra Egypt, leveraging a $41.2 million investment to reshape the education system focused on digital economy skills. This collaboration aims to develop a skills-based education model that prepares students for future careers while integrating advanced AI technologies, significantly enhancing Egypt’s educational landscape.
ADQ has partnered with Switzerland’s EQTY Lab to advance the responsible adoption of AI technologies across its portfolio. This collaboration aims to enhance efficiency and sustainability in key sectors like healthcare and energy, while introducing the AI Integrity suite to ensure governance and accountability in AI applications.
The 4th Digital Technology Forum, under the patronage of Eng. Abdullah Amer Al-Swaha, will take place on October 9th in Riyadh. Focusing on “Synergizing for a Sustainable Digital Future,” the event will explore tech investments, regulatory collaboration, and digital infrastructure, bringing together leaders and innovators to shape the future of technology.
Samsung Electronics plans to establish Egypt as a regional hub for electronics production and exports, targeting markets in the Middle East, Europe, and Africa. The company’s Beni Suef factory already exports 85% of its television production to 55 countries, creating 5,000 job opportunities and producing 6 million units annually.
Veon subsidiary Jazz has secured a PKR75 billion (US$270 million) loan to expand its infrastructure and transition from a telecom company to a technology services provider. The credit facility, led by The Bank of Punjab, is the largest long-term private sector syndicated credit facility in Pakistan, enabling Jazz to enhance digital infrastructure and invest in cloud, software, and financial services.
