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Report: Impact of COVID19 on the Tech Entrepreneurship Ecosystem in MENA

A research report on the impact of COVID-19 on the startup ecosystem across the Middle East and North Africa (MENA). As the COVID-19 outbreak continues to impact the way we live, work, and operate, very few startups in the region

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Aurus Reaches Important Milestone As It Unveils Stablecoin Supported PoS Terminals

Aurus Technologies, the company behind the premier decentralized gold-backed token launches point-of-sale devices to handle stablecoin payments and direct settlements of merchants without the need for PSP’s (middlemen). This effort comes hot on the heels of the company’s recent announcement

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Vodacom and Safaricom Completed M-Pesa Acquisition

Vodacom and Safaricom announce that they have completed the acquisition of the M-PESA brand, product development and support services from Vodafone through a newly-created joint venture. The transaction, which was first announced in 2019, will accelerate M-PESA’s growth in Africa

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Bill and Melinda Gates Foundation Donates US$1.5 M to Strengthen Cybersecurity in Africa and Asia

CREST, the not-for-profit accreditation and certification body for the technical security industry, has received a grant of $1.4 million from the Bill & Melinda Gates Foundation to help increase cyber security capacity in Nigeria, Uganda, Tanzania, Kenya, Ethiopia, Pakistan, Bangladesh

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Fintech In Kenya: An Overview

Over the last couple of years, Kenya has been touted as a center for technological innovation from which highly innovative financial technologies, (fintech), have emerged. Kenya falls among top African nations that are innovators in the financial sector, only coming

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Accelerating the Innovation of Business

Forbes and the WSJ have both stated that every company, whether by choice or not, is now a technology company. Think about it, if you will. Over the recent years fundamental changes in how business operates have moved technology from

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South Africa’ Digital Only Bank Tyme Welcomes its 1 Millionth Customer in only 10 Months

TymeGlobal is proud to announce that its first Tyme-powered digital bank — TymeBank in South Africa — has opened bank accounts for 1 million customers in its first 10 months of operations, a landmark achievement placing Tyme squarely as a

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Regtech Still Nascent in the Middle East

Regtech is still a nascent niche segment within the Middle East’s fintech industry, though governments across the region are pushing for greater use of technology to enhance regulatory processes. The United Arab Emirates (UAE), the region’s leader in all-things fintech,

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Huobi’s Expansion Brings Crypto Trading Solutions to UAE

According to reports, 5.2% of the UAE population holds some form of cryptocurrencies, indicating a growing interest among people to invest in digital assets. Encouraging Huobi, one of the largest digital assets exchange provider to expand its presence in the

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The Winners of the Citi MENA Fintech Challenge

Citi announced the winners of the MENA Fintech Challenge. Fawry, PaySky, Octet and Wipro Limited and Traydstream.The Citi MENA Fintech Challenge offered the region’s Fintech community the opportunity to put their ideas into practice and come up with innovative solutions

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