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2025 Middle East tech trends: How CIOs will drive innovation with AI

CIO

The energy sector, driven by sustainability goals such as Saudi Arabias Vision 2030 and the UAEs Net Zero 2050, will see a surge in investments in smart grids, renewable energy, and AI-powered energy efficiency solutions.

Trends 158
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A blueprint for successfully executing business-aligned IT strategies

CIO

These metrics might include operational cost savings, improved system reliability, or enhanced scalability. CIOs must take an active role in educating their C-suite counterparts about the strategic applications of technologies like, for example, artificial intelligence, augmented reality, blockchain, and cloud computing.

Strategy 183
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Fortis Digital Ventures closing $100 million raise for new crypto fund

TechCrunch

Even as more traditional financial players enter the crypto world, blockchain investor Fortis Digital Ventures is closing a $100 million crypto fund that aims to bridge the gap between the old and new finance worlds. “By million or higher, a spokesperson said.

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Kenyan fintech Pezesha raises $11M backed by Women’s World Banking, Cardano parent IOG

TechCrunch

Founded in 2017 by Hilda Moraa , Pezesha has built a scalable digital lending infrastructure that allows both traditional and non-traditional finance institutions to offer working capital to MSMEs. The round also included a $5 million debt from Talanton and Verdant Capital Specialist Funds.

Fintech 247
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AppWorks closes third fund with $150M for Taiwan and Southeast Asia startups

TechCrunch

Fund II’s portfolio includes Lalamove and 91APP, and at the end of July 2021, its total value to paid-in (TVPI), or the return multiple net of fees, reached 3.3x. AppWorks’ three main investment themes are Southeast Asia, blockchain and artificial intelligence.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Promises include : The startup claims its “open source cloud-native” webhook services is “secured, reliable, and scalable for customers’ webhooks infrastructure. Founders: Femi Iromini, the startup’s CEO, previously worked with The World Bank Group, and Adedapo Sobayo has experience in blockchain development.

.Net 228
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How Women in Tech are rising to the new challenges

CIO

Boardroom conversations Saloni Vijay, Vice President, CISO and Head IT, _VOIS, Vodafone Group states that confidence in Generative AI across boardrooms is growing, as well as the transformational impact of technologies like cloud computing, IoT, blockchain, quantum computing, and the metaverse.