Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Revolut is entering Morocco with payments and FX services first, aiming for a neobank license within two years. It has appointed a local lead and is building a 60-person team. The move aligns with its European expansion and aims to drive digital finance transformation in Morocco.
Morocco partners with Onepoint to launch an AI and Data Center of Excellence in Casablanca, aiming to train 45,000 tech professionals and create 500 jobs by 2030. The move strengthens Morocco’s digital ambitions alongside investments from Oracle, Nokia, Cisco, and Naver.
Morocco ranks 96th globally with an average fixed broadband speed of 61.43 Mbps, well below the global average of 103 Mbps. Leading countries exceed 200 Mbps, highlighting a major gap. Continued investment is needed for Morocco to improve its digital infrastructure and connectivity.
Morocco is advancing CBDC exploration to enhance payment systems domestically and across borders, amid ongoing cryptocurrency restrictions. Collaboration with global institutions supports regulatory and technical evaluation.
ORA, a Casablanca-born Moroccan startup, raised $7.5 million in Series A funding, championing the value of local innovation and signaling Morocco’s readiness to support homegrown tech ventures.
Morocco has launched a public tender for 5G licenses to foster adoption of advanced mobile technologies supporting the country’s economic and social development under the Maroc Digital 2030 plan.
The Maroc Telecom Beach Festival 2025 will feature 113 free concerts across six cities, showcasing a blend of local and regional music genres with upgraded infrastructure. The event aims to promote cultural inclusion and drive economic growth through tourism while continuing its legacy as a major summer festival in Morocco.
Morocco is launching 5G before AFCON 2025, aiming for 25% population coverage by end-2025 and 70% by 2030. Tunisia, Algeria, and Egypt have already started 5G deployments, with the rest of Africa progressing at varying speeds toward super-fast internet.
Morocco announced plans for a 500 MW renewable-powered data center to enhance national cloud services and digital sovereignty under its Digital Morocco 2030 plan. The hybrid cloud strategy aims to secure sensitive data locally while supporting public and private sector growth, inspired by global best practices.
Morocco’s ANRT launched a tender to license 5G mobile network operators as part of the Digital 2030 strategy. The move aims to provide faster, reliable 5G services to support key sectors like industry and healthcare, advancing the country’s digital and economic development.