Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Moroccan fintech Mynk enables instant peer-to-peer payments through a mobile wallet app that uses phone numbers instead of bank details. The platform aims to increase digital payment adoption and improve financial inclusion in Morocco.
Morocco saw a sharp decline in traditional mobile communication in 2025, with voice calls falling 12.55% and SMS dropping 16.46% as users shifted to messaging apps. Meanwhile, mobile subscriptions, internet users and 5G adoption continued to grow, reflecting increasing demand for data services.
Pan-African leader Netis Group has acquired a majority stake in Netcom Technologies Morocco to expand its portfolio into critical IT and digital security. This strategic move, backed by international investors like the IFC, aims to scale Netcom’s systems integration expertise across Netis’s 16-country African network, driving regional digital transformation.
Maroc Telecom raises 3 billion dirhams through its first private bond issuance to refinance debt and fund investments in 5G, fibre networks and digital services across Africa.
Morocco-based startup Weego has raised $1.1 million to expand its multimodal mobility platform across Africa, aiming to improve urban transport efficiency through integrated digital solutions.
Morocco’s cybersecurity market is expected to reach $238 million by 2031, driven by the Digital Morocco 2030 strategy, cloud adoption, and growing demand for advanced security solutions.
Maroc Telecom has waived February telecom bills for residents of Ksar El Kebir following severe floods, while deploying teams to restore network services and support affected communities.
Charikaty, Morocco’s first fully digital legaltech platform, simplifies company formation and business lifecycle management. Serving founders, SMEs, and ecosystem partners, it centralizes legal and administrative services, reduces bureaucracy, and aims to expand across emerging markets by 2030.
Weego raises $1.1 million from Azur Innovation Fund to expand its multimodal transport platform in Morocco and beyond, connecting public and private transport, improving urban mobility, and offering solutions for businesses.
Morocco is investing $3.9 million to digitize its handicrafts sector, introducing an artisan ID card, national registry, and online services. The reform aims to improve efficiency, expand market access, and strengthen competitiveness. The sector employs 22% of the workforce and contributes 7% to national GDP.