Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Nepal’s accounting body has launched the GAIN project to promote the export of accounting and audit services, targeting 50,000 jobs annually and $555 million in service exports. The initiative focuses on digital infrastructure, skills development, and regulatory reforms to boost global competitiveness.
Minister Mustafa Jabbar announced that 28 hi-tech parks outside Dhaka will create over 300,000 jobs in coming years. The Bangabandhu Sheikh Mujib Hi-Tech Park in Rajshahi alone will provide 14,000 jobs, boosting the local economy and advancing Digital Bangladesh goals through expanded tech industries and foreign collaboration.
VXI is expanding its Cairo operations with a $135 million investment, creating 4,000 new jobs by 2028. The move strengthens Egypt’s position as a top outsourcing hub, leveraging local talent and strategic location to serve international markets.
Pakistan’s thriving mobile phone manufacturing sector, supported by PTA regulations and foreign investment, has produced over 131 million devices and created substantial employment, marking a key milestone in the country’s industrial progress.
Oman’s Ministry of Labour has introduced a smart waiting list initiative and announced plans to create 45,000 job opportunities in 2025. The ministry also launched digital transformation efforts, including the ‘Smart Management’ project and freelance work packages to empower Omani entrepreneurs and localize the workforce in key sectors.
In 2024, Algeria’s FGAR funded 386 SMEs with a total of USD 427 million, creating over 8,000 jobs. The fund provided loans and financial guarantees across various sectors and regions, supporting business growth. Additionally, it recently expanded loan offerings to include both investment and operating loans.
Morocco’s new digital economy strategy aims to create 240 jobs by 2030, enhance digital training for 100,000 youth annually, and invest 11 billion dirhams to boost the nation’s GDP and modernize infrastructure. The plan includes expanding high-speed internet and 5G access across the country.