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Tech
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South Africa to host Africa’s first AI factory in partnership with Nvidia
African tech enterprise Cassava Technologies partners with Nvidia to establish Africa’s first AI factory in South Africa
ClearGrid raises $10 million to transform MENA debt collection with AI
Dubai-based startup ClearGrid raises $10 million in funding to help modernize debt collection and recovery with AI
China launches $138 billion fund to supercharge AI, quantum tech, and emerging industries
Chinese government has announced 1 trillion yuan ($138 billion) fund to accelerate China’s innovation
TSMC announces $100 billion US investment, sparking concerns over Taiwan’s semiconductor dominance
TSMC, the world’s largest chipmaker, announced plans to invest $100 billion in the United States
From Fintech to Bank: ABHI takes bold leap into Microfinance to boost financial inclusion in Pakistan
Pakistan’s leading fintech ABHI takes a monumental leap into the world of banking with the launch of ABHI Microfinance Bank
UAE fintech Flow48 raises $69 million to expand revenue-based financing for SMEs
UAE-based Flow48 secures $69 million Series A funding round in a mix of debt and equity to redefine access to capital for SMEs across the MENA
LEAP 2025 wraps up in Riyadh with $25 billion in tech investments
Global tech event LEAP 2025 concluded in Riyadh with the announcement of $25 billion in tech investments.
EU launches €200 billion AI investment initiative at Paris AI Summit
EU announces €200 billion AI investment initiative to establish Europe as a global AI leader
Revel secures $60 million to expand NYC’s EV charging network
EV mobility startup Revel secures $60 million to build 267 EV chargers across nine sites in New York
UAE to invest billions to build Europe’s largest AI Data Center in France
UAE would invest billions of euros to develop a 1-GW AI data center in France