- In a bid to support the growth of the VC ecosystem in Saudi Arabia, Saudi Venture Capital (SVC), a government investment company was established in 2018. The firm is a subsidiary of the SME Bank, one of the development banks affiliated with the National Development Fund.
Now, Saudi Venture Capital
- If you're experiencing persistent issues with your Windows 10/11 operating system or simply want to start fresh, performing a factory reset can be a valuable solution.
A factory reset reinstalls the operating system to its original state, removing all personal files, settings, and applications.…
- In a bold move to enhance regional connectivity, Israel has unveiled plans to construct a remarkable 254-kilometre (158-mile) fibre-optic cable spanning from the Mediterranean to the Red Sea.
The project, announced by the country's Finance Ministry, will establish an uninterrupted link between…
- Like many businesses worldwide, Singapore-based Grab was profoundly impacted by the COVID-19 pandemic.
The economic fallout and changing consumer behaviours led to significant challenges for the ride-hailing and food-delivery industry which resulted in a 5% reduction of its staff, equivalent to…
- In recent years, Dubai has emerged as a global hub for technological innovation and development with the Emirate witnessing significant growth in the fields of Artificial Intelligence (AI) and Web 3.0, paving the way for a digital transformation that is reshaping various sectors of the country's…
- The largest U.S. semiconductor maker, Micron is defying the industry leanings as it plans significant investments in both China and India, right in the middle of escalating trade tensions between the U.S. and China.
In China, Micron has announced plans to invest 4.3 billion yuan ($603 million)
- YouTube has established itself as the leading platform for online video content, boasting an impressive user base of 2.68 billion monthly active users worldwide as of May 2023, with a sizeable number accessing the platform on its TV app.
But, the landscape may soon witness a potential challenge to
- Embarking on a career in engineering can be an exciting and fulfilling journey, filled with opportunities for professional growth and the chance to make a meaningful impact in various industries.
For aspiring engineers, starting at an entry-level position can be a crucial stepping stone to gaining…
- For decades, Nairobi-based accelerator, The Baobab Network has been known for its passion for driving innovation and investment across Africa. In 2022, the firm invested $50K each in four African startups to scale rapidly.
To continue with its goal of investing in early-stage startups, the Nairobi-…
- With approximately two-thirds of Indonesia's 280 million population already using the internet, and a significant one-third still without access in its remote communities, Indonesia has undertaken an ambitious initiative that will close up that gap and transform the lives of millions in terms of…
- Seedstars Capital in partnership with Fondation Botnar has announced the launch of a $20 million investment in the "Seedstars Youth Wellbeing Ventures mandate" to improve the well-being of young people in low- and middle-income countries across the African continent.
The partnership between…
- In recent years, the adoption of solar energy has been steadily gaining momentum in Africa. As the continent faces numerous energy challenges, such as limited access to electricity and heavy reliance on fossil fuels, solar power presents a viable and sustainable alternative.
According to the…
- In an almost synchronized onslaught, Binance, the world's largest cryptocurrency exchange, is encountering a barrage of regulatory challenges across multiple countries, signalling a significant crackdown on the crypto industry.
This heavy-handed scrutiny comes as Binance.US and its CEO, Changpeng…
- Private equity fund Avanz Capital Egypt has committed a $3.5 million investment in the Egyptian logistics startup, Trella to support the growth of the Egyptian logistics industry.
Launched in 2022, the private equity fund is a subsidiary of Squared Capital International, focusing on investing in…
- In a digital landscape increasingly plagued by cyber threats, the need for robust cybersecurity measures has never been more critical.
Year after year, organizations around the world face a rising tide of cyber attacks, targeting their sensitive data, systems, and services. According to Checkpoint…
- According to experts, there is a global shortage of radiologists, with over 2/3 of people on Earth without access to radiologists.
Some countries like the U.S. have tens of thousands of radiologists whereas 14 African countries have no radiologists at all. In India, there is approximately one…
- Editor's Note: This is a guest article written by David Akinfenwa, a content writer/creator with a keen interest in brand storytelling.
The creator economy is in full swing, transforming the landscape of the global economy. The rise of the Creator Economy is not only reshaping the…
- Imagine a world where your car becomes more than just a means of transport, a companion that engages in conversations with you.
Well, Mercedes-Benz will now allow drivers to engage with ChatGPT, the cutting-edge chatbot technology developed by OpenAI, directly from behind the wheel effectively…
- One of the keys to success as a product manager is having a solid foundation in technical skills.These skills not only help you collaborate effectively with development teams but also empower you to make informed decisions and navigate the complexities of product development.So, let's dive into
- The month of May was a bounce-back month for venture capital activity in the Middle East and North Africa (MENA), as venture funding into the region’s startups reached a $445 million split over 39 transactions, a significant increase from the $7 million raised across 11 acquisitions reported in
- One overarching question that has been on my mind all week is: how will students in Nigeria afford to repay loans if graduates are struggling to survive?
As of this year, Nigeria's unemployment rate could rise to 41%, according to KPMG, and the headline inflation rate rose to
- For several years, most CEOs,managers, and HR administrators in small to large-scale African businesses have struggled with upskilling workers. According to the International Finance Corporation, sub-Saharan Africa alone will have over 200 million jobs that demand digital skills.…
- With over a million motorcycles and scooters manufactured in 2022 and more than 8 million registered motorcycles in the country, China's Yadea Group Holdings, a prominent player in the electric two-wheeled vehicle industry, has set its sights on the burgeoning two-wheeler market in the Philippines…
- By 2028, it is expected that the global market for consumer electronics will have grown to $1.70 trillion, driven by rising consumer disposable incomes, a growing trend toward digitization, and the increasing usability of personal electronic devices like smartphones, wearables, and other gadgets.…
- With millions of people in India in need of vision correction, and only a fraction of this population with access to glasses Lenskart, the Indian eyewear retailer is on a mission to transform the way people see – literally.
And on this mission, the company itself is seeing its fortunes
- So, you're thinking about venturing into the exciting realm of tech, huh? That's awesome. But before you go all-in, there are a few important things you should think about to ensure your success. Tech is a fast-paced and ever-changing field, which means you need to consider
- As the tech world is battling with several layoffs, Africa's largest mobile operator, MTN Group may be forced to downsize in Cameroon, where its operations have been threatened.
Following a court decision on June 9, the South African mobile operator lamented that its Cameroon operations were…
- Since 2020, Chinese e-commerce company AliExpress has been making steady and strategic strides in the European e-commerce arena, posing a formidable challenge to Amazon's dominance in the market – specifically Spain.
Now its parent company, Alibaba is looking to shake up the scene even further…
- In recent years, Africa has witnessed a notable surge in the manufacturing sector, including the automotive industry. With a rapidly growing middle class, increasing urbanization, and supportive government policies, the continent is experiencing a significant expansion in vehicle manufacturing.…
- As part of its long-term commitment to advancing Africa’s economies and driving inclusive growth, the world's leading digital payments, Visa has announced a $1 billion initiative, Africa Fintech Accelerator Program to support Africa’s Fintech start-upsand entrepreneurs
Recently,…
- Leading ride-hailing app in China, DidiChuxing with roughly 70 million monthly active users, has taken a leap into the world of express delivery, expanding its services beyond transporting people.
The ride-hailing company has launched an on-demand delivery service in a whopping…
- With the high rate of cybercrime in Nigeria, it has become critical to have a legal framework that can help protect and prevent the information of an individual, government and private organizations from fraudulent activities, hacking, publishing, and identity theft.
One major recent attack was in…
- According to a new McKinsey Global Institute report, the exciting potential of generative artificial intelligence technology is mind-blowing – with an estimated value to the global economy potentially reaching $4.4 trillion each year by 2030.
Imagine a world where half of all work done by employees…
- Google Maps offers a variety of location-sharing options, giving you control over when and how you share your live location. You can share your location for a specific time period, keeping others informed in real-time. This is great for meetups or notifying loved ones about your journey home. For a
- Joining the ranks of eco-friendly transportation pioneers, like Y in France, leading Chinese automaker BYD is bringing its electric prowess to the French market.
The world's top EV manufacturer with an impressive lineup of three electric models – including the Atto 3, Han, Tang, as early as this
- In April 2018, Saudi Arabia’s Vision 2030 was initiated to reduce the government's reliance on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, and tourism as well as a secure world free of poverty and hunger, with full and productive
- As Africa's most populated country, Nigeria has witnessed remarkable growth in its mobile network industry in recent years. With a significant increase in mobile phone penetration and the growing demand for data services, mobile network providers have played a pivotal role in expanding connectivity…
- In a move that electrifies the Indian rideshare scene, Uber has taken the wheel and has led a $20 million investment round into Everest Fleet, a Mumbai-based fleet management company.
Everest Fleet currently operates over 10,000 vehicles on rideshare platforms Uber and Ola across India and Uber…
- Startups play a crucial role in driving innovation, creating jobs, and contributing to economic growth. Yet, without adequate funding, many promising startup ventures struggle to take off and reach their full potential.
But, in recent years, the availability of funding options has significantly…
- In the midst of an AI frenzy, global technology company Lenovo has stepped up to the plate with a jaw-dropping $1 billion investment in the AI landscape. Hot on the heels of technology consulting company, Accenture's $3 billion announcement, Lenovo's commitment is a testament to the
- For several years, Nigerian youths have been dealing with tough challenges when it comes to pursuing higher education due to the cost and quality of education in Nigeria.
Inflation, the high cost of living crisis and high rates of unemployment are factors that are affecting education in Nigeria.…
- Application security is still one of the most challenging aspects of enterprise security issues. In addition to the necessity to identify and track a constantly changing and evolving carousel of services, using one app frequently increases the chance of making another app vulnerable.
Kodem, a Tel…
- Editor's Note: In this article, Eli Smadja, Security Research Group Manager at Check Point, discusses the need for a new approach to cloud security in 2023 and why simply offering training courses is not enough.
There is a constant need for vigilance when it comes to…
- If you're eager to dive deeper into Artificial Intelligence (AI) and expand your knowledge, there are plenty of free online courses available that can help you get started or take your skills to the next level.
In this article, we're going to explore nine fantastic courses
- The transition to 5G networks represents a significant leap forward in terms of speed, capacity, and latency. The network supports a variety of trending technologies, including autonomous vehicles, the Internet of Things, virtual reality, and augmented reality, and will provide speeds up to 100…
- The cross-border e-commerce market in Latin America experienced significant growth of 44% in 2022 and is currently valued at $382 billion. It is projected to continue growing at an annual rate of 25% until 2025, according to Americas Market Intelligence.
To capitalize on this lucrative opportunity…
- In the fast-paced and ever-evolving digital landscape we find ourselves in, front-end developers hold the key to crafting visually stunning and user-friendly websites.
With the ever-growing demand for engaging web experiences, front-end developers must possess a comprehensive skill set to excel in…
- Identifying the problem of inefficiencies and challenges that plagues traditional travel agencies, Onfly, a Brazilian travel technology company, has raised ~$16 million in a Series A funding round led by Left Lane Capital and Cloud9 Capital to address the problem.
By offering an end-to-end travel…
- If you are a Google Ads user, you'd now have to worry less about the placement of your ads, thanks to the introduction of Google's new AI-powered features.
With over 246 million unique visitors per month, and the ability to reach 80% of internet users through
- The Chinese smartphone market is experiencing a surprising shift as the entry-level segment (<$150 wholesale price) shows significant growth even as the overall market declines by 5%. Counterpoint's China Quarterly Smartphone Report reveals that in Q1 2023, the entry-level segment increased by…
