Fintech Money Fellows bags $13m for Africa expansion

The two companies will deliver connectivity and digital services to Moroccan enterprise customers.

The partnership aims to improve the country's digital readiness while also supporting government initiatives to increase internet access and build a strong digital ecosystem.

The objective is to strengthen fibre optic expansion and support the development of 5G network in Morocco.

The deal comes as satellite technology is gaining traction on the continent, with authorities agreeing to use it to advance Africa’s economic goals.

The centre will contribute to Digital Morocco 2030, by playing an important role in expanding digital skills and promoting 5G readiness across EMEA.

The North African country has partnered with a UAE-based firm to accelerate its digital transformation strategy, with artificial intelligence at the centre.

The complex will train young Moroccans in a wide range of tech professions while also strengthening the capabilities of local technology companies.

A new report says attackers are employing increasingly sophisticated techniques to target a smaller number of victims, leading to higher financial gains.

The deal allows MEDI TELECOM TO obtain access to Liquid's connectivity network, making it a preferred provider.

Oracle will be the first hyperscaler to establish public cloud regions in North Africa.

This year's focus is on the AI and its ability to disrupt a wide range of industries, including cybersecurity, cloud and IoT, banking, telecoms, agriculture, and education.

The new employees will develop Oracle’s cloud and AI solutions for global export.