The total investable wealth currently held on the African continent amounts to USD 2.5 trillion and its millionaire population is set to rise by 65% over the next ten years, according to the 2024 Africa Wealth Report, published by international wealth advisory firm Henley & Partners. Now in its 9th edition, the annual …
أكمل القراءة »Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation
Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation During US-Africa Business Forum, Visa outlines pledge to invest $1 billion in Africa by 2027 to scale operations, deploy new innovative technologies and deepen collaboration with partners. During the U.S-Africa Business Forum, Visa (NYSE: V) today announced a …
أكمل القراءة »Egypt’s VC Ecosystem Witnesses Triple-Digit Growth as Local Startups Collected Largest Number of Investment Deals in Africa
Egypt’s VC Ecosystem Witnesses Triple-Digit Growth as Local Startups Collected Largest Number of Investment Deals in Africa Startups raised $491m across 147 transactions, hitting an all-time-high volume of foreign investors Following a four-year consecutive growth in VC funding, the Egyptian ecosystem observed a 168% YoY increase in capital investment to …
أكمل القراءة »LogRhythm and MCS Partner to Deliver Cybersecurity Solutions Across the Middle East and Africa
LogRhythm, the company powering today’s security operations centers (SOCs), and Mideast Communication Systems (MCS), the leading value-added distributor in the Middle East and Africa, have partnered to deliver next-generation security information and event management (NextGen SIEM) solutions to organizations across the Middle East and East Africa. The partnership …
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