Egypt Positions Itself as a Global Technology Hub for Outsourcing
Egypt’s digital exports increased by 26%, reaching $6.2 billion by the end of 2023.
Egypt’s digital exports increased by 26%, reaching $6.2 billion by the end of 2023.
Nedaa will spotlight its powerful 4G network capabilities, underscoring its pivotal role in solidifying Dubai’s position as a global leader in smart city solutions and public safety.
Maxab and Wasoko have completed their merger, creating Africa’s largest B2B retail network with over 450,000 merchants and 4,000 employees across five countries. The combined entity, led by co-CEOs Belal El-Megharbel and Daniel Yu, aims to double its revenue by year-end while enhancing trade between North and East Africa.
ONIC, a digital telco brand launched a year ago, has quickly transformed Pakistan’s telecom industry with its digital-first approach. The brand’s rapid growth in subscribers highlights its strong market appeal and innovative strategy, setting new standards and prompting competitors to follow suit in the traditionally conventional telco market.
Morocco’s telecommunications sector saw significant growth in the first half of 2024, with the subscriber base reaching 59.8 million, driven by a 5% increase in mobile users. Internet subscriptions also grew by 6.9%, surpassing 39.1 million, reflecting the country’s digital transformation and resulting in a mobile penetration rate of 152.1%.
Sony has launched the MENA Hero Project, an incubator program designed to support game developers in the Middle East and North Africa. The initiative offers mentorship, training, and project-based investment to developers in several MENA countries, aiming to lower entry barriers and showcase emerging talent in the region’s gaming market.
Saudi Arabia has launched the Digital Future Readiness Program, aiming to train 7,000 residents in generative AI. Led by the Ministry of Communications and Information Technology and Noon Education, the initiative seeks to strengthen the nation’s AI talent pool, supporting Saudi Arabia’s goal of becoming a global leader in AI innovation and education.
ONIC, a digital telco brand launched in 2023, has quickly revolutionized Pakistan’s telecom industry with innovative solutions and exceptional customer service. The brand’s rapid growth, digital-first approach, and strategic partnerships have set new standards in connectivity, earning ONIC prestigious awards and establishing it as a leader in the country’s digital transformation.
Google’s Director for Pakistan, Farhan S Qureshi, highlighted the growth potential of Pakistan’s app and gaming sector at Think Apps 2024 in Lahore. The event focused on equipping developers with AI tools to drive innovation. Pakistani studios are leading the field, contributing to the country’s potential $6.6 billion digital export revenue by 2030.
Wasoko and MaxAB, two of Africa’s top B2B e-commerce companies, have completed the continent’s largest tech merger, forming a pan-African digital retail platform. The merger combines their expertise across multiple countries, creating a multi-vertical ecosystem serving Africa’s $600 billion informal retail sector, with extensive offerings in e-commerce, fintech, and AI-driven services.