Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Taager, a leading social e-commerce platform in the MENA region, has raised $6.75 million in pre-Series B funding to expand its offerings. The funding will help the company scale its operations, provide better tools and insights for social sellers, and grow its presence across the MENA region.
Hub71’s Cohort 16 welcomes 27 startups, collectively raising $145 million, with 63% headquartered outside the UAE. Startups from key sectors like FinTech, HealthTech, and ClimateTech are set to scale in Abu Dhabi. The initiative strengthens the UAE’s digital economy and reinforces its position as a global tech hub.
The King Salman Global Academy for Arabic Language has launched the Arabic Language Innovation Accelerator to support startups and entrepreneurs. The program will help enhance digital Arabic content, providing training, mentorship, and access to a network of investors. Applications are open until February 5, with a launch on April 7.
SecurityPal, a Kathmandu-based startup, helps tech companies streamline security questionnaires using a combination of AI and human expertise. The company has grown rapidly, reaching $10 million in revenue and securing major clients like Airtable and Figma. SecurityPal aims to build a tech hub in Nepal while providing competitive salaries and opportunities.
UM6P and STATION F have launched the NextAfrica program to bridge Europe and Africa, supporting startups in Greentech, Agritech, and Healthtech sectors. The partnership provides mentorship, funding, and scientific expertise to help startups enter the African market, with access to resources from both STATION F and UM6P’s campus in Morocco.
UM6P and STATION F have launched the NextAfrica program to support startups focused on Greentech, Agritech, and Healthtech. This collaboration aims to bridge Europe and Africa, providing mentorship, funding, and resources to international startups looking to enter African markets. The program will foster innovation and address key regional challenges.
Kazakhstan’s Astana Hub, home to 1,600 IT companies, is making global strides with projects like the Alaqan palm print recognition system, Higgsfield AI, and Codiplay. These initiatives, along with others, are being exported internationally, showcasing Kazakhstan’s growing influence in the tech and education sectors.
SelectUSA Tech has launched its first-ever tech startup pitching competition in Egypt, aiming to promote US investment. The winning startup will be sponsored by the US Embassy to attend the SelectUSA Tech competition and National Harbor Summit in Maryland. The initiative focuses on supporting Egyptian startups’ growth in the US market.
Moroccan startups raised $70 million in 2024, ranking fifth in Africa for funding. Despite a decline compared to previous years, the country remains a key player in the African tech ecosystem. The government’s new plan to support innovation aims to foster growth, create jobs, and attract foreign investment.
Orange Egypt’s $52.7 million investment is driving a youth-focused tech revolution, funding over 40 startups, mostly from Egypt. This investment comes alongside the second phase of 5G licensing. With Egypt’s startup scene thriving, the country aims to solidify its position as Africa’s top entrepreneurial hub.