Accelerating FinTech innovation in Egypt

Egypt's American University Venture Lab, which is based in Cairo, has announced a collaboration with Temenos, the banking software company, which will see them both looking to work towards strengthening and accelerating Cairo's FinTech startups ecosystem. As part of the collaboration, Temenos will provide startups with access to their core…

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The reason why Afrika needs an Afrikan cloud

For organizations in Afrika to truly reap the benefits of cloud and shared data center services, local data centers need to be developed and deployed. This will not only address the issue around data sovereignty, but also stimulate local economic development and improve the lives of citizens using by widely…

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Fibre network connecting Afrika from Cape Town to Cairo

Afrika will soon have its first fibre network that connects the continent from Cape Town to Cairo via Sudan. Known as the "One Africa" network, it will come as a result of Liquid Telecom, a pan-Afrikan telecommunications company, signing Memorandum of Understanding (MoU) with Telecom Egypt that will allow Liquid…

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Egypt passes law to monitor and regulate social media

Egypt's parliament has approved and passed a bill that will see social media accounts with more than 5,000 followers regulated and treated like media outlets. The main reason behind the law is to monitor and regulate social media accounts that allegedly create, publish and distribute fake news. The social…

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Egypt to impose a tax on advertisers on Facebook, Google, and others

Egypt’s parliament is evaluating an option to tax people and organizations that advertize on platforms like Facebook and Google. This, according to some of Egypt’s parliamentarians, will help the country "protect the Egyptian advertising market." Egypt is about to reach a strategy allowing the government to implement advertisement…

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