Browsing: WeChat and Tencent

Tencent Cloud Technologies.
  • The cloud business unit of China’s tech giant Tencent is seeing a huge opportunity for growth in the Middle East region.
  • At the moment, Gulf states are committing capital and policy support behind the vision of 4IR-driven economies.
  • Tencent Cloud is offering a cloud-based platform for developing and distributing lightweight applications—mini-apps framework—within a digital ecosystem.

With the ambitious development of smart cities and other tech-based industries across the Middle East, the cloud business unit of China’s tech giant Tencent is seeing a huge opportunity for growth in the region.

Whether it is fintech applications based on the blockchain, vertical farms that use less water to grow food, or the manufacture of high-end electric and self-driving vehicles, Gulf states are committing capital and policy support behind the vision of 4IR-driven economies.

UAE has launched a digital economy

The UAE itself is at the forefront of the adoption of technology. With a …

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Africa’s leading Mobile Network Operators (MNOs), MTN, Vodacom and Safaricom, have recently made bold plans to venture into the increasingly dynamic world of fintech. On 23rd June 2021, Safaricom launched its super app, which creates an ecosystem of mini-apps from the network operator as well as third-party apps that feed off the super app[1]. A month prior to this development, Safaricom, the leading MNO in Kenya announced plans to release an Application Protocol Interface (API) for the super app to enable third-party app developers to build more products and services on top of the super app[2]. This means the super app is going to be an app store that consolidates the reach of Safaricom.

In May, MTN also announced plans to become a tech platform to rival the likes of Apple and WeChat as part of their Ambition 2025 which is currently being implemented[3]