Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
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.
The Pakistan Embassy in Saudi Arabia has launched a Co-Working Space at its Riyadh premises, aimed at facilitating Pakistani startups and tech companies looking to establish their businesses in the Kingdom. Interested parties can contact the Embassy for more information via email.
Egyptian mobile operators are preparing to launch a Wi-Fi calling service by the end of this year, following regulatory approvals from the National Telecommunications Regulatory Authority (NTRA). The service aims to improve indoor signal strength in crowded areas and tall buildings, with pricing aligned with standard mobile call rates.
A Hays survey reveals that the Middle East leads Europe in AI adoption, with 68% of GCC tech professionals citing increased productivity from AI. Despite this, only 24% have received AI training, highlighting a regional advantage in tech talent. The UAE is at the forefront, embracing AI and other advanced technologies.
Zain KSA has been upgraded to an AA rating in the MSCI ESG Index, establishing it as a leader among global telecom companies. This advancement highlights Zain KSA’s effective integration of sustainability into its operations, aligning with Saudi Vision 2030 and reflecting its commitment to environmental, social, and governance excellence.
Pakistan has launched four Special Technology Zones in Punjab, projected to generate $350 million in annual tech exports and create jobs for 50,000 professionals. These zones, focusing on key technology sectors, are part of a broader initiative to boost the economy amidst ongoing internet disruptions threatening significant financial losses.
Smartphone shipments in the Middle East (excluding Turkey) grew by 20% in Q2 2024, reaching 11.5 million units. Samsung led with a 28% market share, followed by Xiaomi with 20%, and TRANSSION with 16%. The region saw strong growth in key markets, with significant contributions from affordable models and strategic pricing.
Egypt’s mobile manufacturing sector is expanding, boasting a production capacity of 11.5 million units and $87.5 million in investments. This growth has created 2,050 jobs and is part of an effort to increase the ICT sector’s GDP contribution, with significant new factories from Samsung, Vivo, and others driving this surge.
Jordan’s “Jordan Source” programme, led by Minister Ahmad Hanandeh, promotes the country as a prime destination for tech investment, focusing on IT outsourcing, support services, and video game development. The initiative aims to attract global companies, create jobs, and enhance Jordan’s IT sector, with successful engagements in Singapore and global tech events.
She Loves Tech launched its Islamabad round, co-hosted by Telenor Velocity and organized by CIRCLE Women Association. Held at Telenor Pakistan’s Campus ‘345’, the event featured ten women-led tech startups competing for a spot in the National Finale, offering mentorship, workshops, and networking opportunities.