Blockchain spending in the Middle East and Africa to double in 2018
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TECHNOLOGY & TELECOM NEWS
A focus on the Middle East & Africa
TECHNOLOGY
Digital transformation to boost Middle East economy
Businesses across the Middle East can leverage the power of a new generation of fast and efficient digital technology and advanced analytics to enhance their customer’s experience and profitability.
Dubai Internet City firms attract over $2.1bn since hub's launch
Members of the Dubai Internet City (DIC) community have collectively attracted AED7.8 billion ($2.1 billion) in funding since its launch, the largest technology business hub in the region.
Deloitte establishes a Digital Delivery Center in Saudi Arabia
Deloitte, supported by the Ministry of Communication and Information Technology (MCIT) in the Kingdom of Saudi Arabia (KSA), announced a significant investment to build a state-of-the art Deloitte Digital Center (DDC) in Riyadh.
Blockchain spending in Mideast Africa to double in 2018
Spending blockchain solutions in the MEA region is set to more than double this year to total $80.8 million for 2018, up 107% from the $38.9 million spent in 2017, according to the recently launched Worldwide Semiannual Blockchain Spending Guide.
World Bank spends $6mn on tech development in Nigeria
The World Bank has approved additional financing of $3 million to stimulate global competitiveness of raw materials for a diversified economy in Nigeria. The World Bank had in the first tranche supported a batch of innovations with about $3 million.
Iranian App Developers Earned $13.7m in 1 Year
Iran’s largest Android app market, Café Bazaar, released a report revealing that there are 7,000 active application developing teams in the country and 20,700 people work for the rapidly expanding sector.
TELECOMMUNICATION
Nokia and Orange roll out 4G LTE in Africa
Nokia and Orange Middle East & Africa are rolling out a Nokia single radio access network and network management technology across 7 African countries in a 3-year modernization project to prepare for the launch of 4G services.
Mobily and Nokia test 5G in KSA
Etihad Etisalat (Mobily) has signed a memorandum of understanding with Nokia to launch 5G tests for the first time in the Kingdom. The MoU includes introducing new technologies in the Mobily network, such as 4.5G LET, 4.9G, 5G, etc.
1st Egyptian-Chinese fiber optic cable factory inaugurated in Cairo
The first Egyptian-Chinese fiber optic cable factory was inaugurated in northeastern Cairo Governorate. The factory was managed by HitekNofal Hengtong Optix, the first Egyptian-Chinese joint venture specialized in manufacturing fiber optic cables and accessories.
African broadband operators increase investment to meet soaring data demand
An urgent requirement for new investment into telecom and broadband infrastructure in Africa is driving a fresh flurry of mergers, acquisitions, IPOs, investment and financing activity, as the region’s key players jostle for position to meet the soaring demand for data across the continent.
Expereo expands pan-African reach with new cloud acceleration hubs
Expereo has announced a major expansion into the growing African market. Numerous strategically located Cloud Acceleration Hubs are planned to launch across 2018 in pivotal pan-African locations.
Telstra expands Programmable Network with Dubai PoP
Telstra is set to boost its Middle East business by announcing the expansion of its Programmable Network to a new point of presence (PoP) in Dubai, which will offer access to high bandwidth, low latency and secure network to support businesses.
Tanzania internet users hit 23m; 82% go online via phones
The number of internet users in Tanzania rose by 16% at the end of 2017 to 23-million, with the majority of those using their handsets to go online.
Telkom Kenya to get Sh4bn for network upgrade
Telkom Kenya is set to receive a Sh4.1 billion ($40 million) loan from the European Investment Bank to boost infrastructure and mobile money network.
INFOMINEO RESOURCES
3D Printing - A game changer for Africa and the Middle East?
Additive manufacturing is experiencing notable growth in the Middle East and Africa, where many countries are seizing the opportunities arising from the recent technological developments to gain a leading edge in the field.
Digitalization to Spur African Growth
Africa is undoubtedly benefiting from digitalization but where does it stand in the digitalized world and what tools should be leveraged to make the changes and the future positive impact possible?
INFOMINEO
Infomineo is a data and research service provider, that specializes in Africa and the Middle East, dedicated to supporting global companies in getting access to information that powers their investment decisions in the region. Through a direct presence in key markets such as the UAE, South Africa, Kenya, Egypt and Morocco, Infomineo provides a quick access to market data on key questions such as: market and product prioritization, partner identification, commercial due diligence, route to market, supply chain mapping and competitive analysis among others. Along with conducting custom research for clients, Infomineo also delivers an Expert Network service, an Executive Search service, and a Business Translation service.
Infomineo is a research provider. Our role is to find the data our clients need to take decisions and develop their businesses.
Our global coverage and unique expertise on Africa and the Middle East allow us to develop long-term relationships with leading global consulting firms and Fortune 500 companies.
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