Keywords: Digital economy


Amazon plans $33 billion cloud and AI expansion across Southeast Asia

Amazon said Thursday that its cumulative investment in cloud computing and artificial intelligence infrastructure across Indonesia, Malaysia, Singapore and Thailand is expected to exceed $33 billion by 2039, reinforcing Southeast Asia’s position as a growing global hub for digital infrastructure. The......

Equinix data centre plans in cape town face environmental opposition

A proposal by U.S.-based digital infrastructure company Equinix to build two large data centres in Cape Town has faced criticism from environmental and community groups concerned about its potential impact on water, energy, and local ecosystems. The objection, submitted to city planners, argues that......

Alibaba revenue rises on strong cloud computing and e-commerce growth

Alibaba Group reported a rise in quarterly revenue, driven by strong performance in its cloud computing and artificial intelligence divisions, alongside steady growth in its e-commerce operations. The Chinese technology giant posted a 3% increase in revenue for the fourth quarter, supported by expanding......

Morocco's DirectEntreprise platform surpasses 50,000 online company registrations

Morocco has recorded more than 50,300 company creations through its DirectEntreprise digital platform since its launch, marking a significant milestone in the country's ongoing push to modernize its business environment through administrative digitalization. The figures, released by the Moroccan......

Meesho narrows quarterly losses as growth in orders and margins strengthens performance

Indian e-commerce platform Meesho reported a sharp reduction in its quarterly losses, supported by strong growth in order volumes, rising revenues, and improved operating margins. Strong growth in orders and revenue During the fourth quarter, Meesho recorded significant expansion in its business activity,......

AI could generate up to $22 billion in profits for the video game industry

Advanced artificial intelligence tools could transform the global video game industry by significantly reducing development costs and boosting profitability. According to estimates from Morgan Stanley, AI adoption could generate up to $22 billion in additional annual profits for game publishers worldwide. Cost......

Moroccan startup Woliz wins fintech prize at GITEX Africa 2026

Moroccan startup Woliz has secured the FinTech and Blockchain prize at the SUPERNOVA Challenge during GITEX Africa 2026, held from April 7 to 9 in Marrakech. The award highlights emerging companies with strong innovation, scalability, and measurable market impact across the continent’s technology......

Walmart’s Flipkart plans foray into India’s ticketing market as live events boom

Walmart-owned e-commerce giant Flipkart is preparing to enter India’s growing ticketing market, marking a new expansion move as demand for live entertainment continues to surge across the country. According to sources familiar with the matter, Flipkart plans to begin offering tickets for movies......

Morocco and Huawei sign deal to boost gaming industry

Morocco’s Ministry of Youth, Culture and Communication and Huawei Morocco have signed a memorandum of understanding to develop the country’s gaming industry and strengthen its digital ecosystem. The agreement was concluded during GITEX Africa 2026 in Marrakech. Minister Mohamed Mehdi Bensaid......