WEF on the Middle East and North Africa: 100 start-ups that are changing the way we see the world

The World Economic Forum (WEF) on the Middle East and North Africa is scheduled to take place in Jordan this weekend from May 19-21. The event among other things will gather 100 powerful Arab start-ups that are shaping our world, changing the way we work, and driving economies forward. The gathering in question, a result of a partnership between the WEF and the International Finance Corporation (IFC), will be attended by African delegates from various Algeria, Morocco, Tunisia, Libya, and Egypt start-ups over and above their counterparts from Iraq, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syria, the UAE and Yemen. 

As Al Arabiya English writes on its website: "A vast majority of the 100 start-ups are building their business model, products and services on new technologies like artificial intelligence, blockchain, and satellite technology – pioneering a generational transformation in the Mena region – while at the same time serving basic needs such as transportation, communication or payment processing. With the help of these companies, it is possible to order food home-cooked by refugees, teach children to code, get medical support online, make payments securely, or chat with bots in Arabic." 

The African start-ups that will attend the WEF on the Middle East and North Africa include:

  • Fawry (Egypt), a pioneering Electronic Payment Network, offering financial services to consumers and businesses through more than 65 thousand locations and a variety of channels
  • Paymob (Egypt), a start-up that wants to create a cashless society by converting cash into electronic money
  • KarmSolar (Egypt), a solar technology and integration company that delivers innovative solar solutions to the agricultural, industrial, tourism and business sectors.
  • Education Media Company (Morocco), which develops educational websites for Moroccan secondary and post-secondary schools students to facilitate their transition from high school to college.
  • IRIS Technologies (Tunisia), which offers high-tech solutions for a better honey's productivity with higher quality and a precision beekeeping.
  • NextProtein (Tunisia), which produces insect-based protein for animal feedstocks in a quest to accelerate sustainable agriculture and tackle resource scarcity.

Click here for the entire list.

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