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Meta & Startupbootcamp Program Will Promote MENA Startups

The initiative will encourage AI adoption through a series of workshops and bootcamps and offer $500,000 to support product development.

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meta and startupbootcamp program will promote mena startups
Llama Design Drive

Facebook and Instagram owner Meta has begun a collaboration with Startupbootcamp, a startup accelerator responsible for over 1,600 successful launches.

The strategic partnership aims to boost the MENA region’s startup scene using cutting-edge AI technologies through its Llama Design Drive initiative.

The program consists of three four-week sprints that will take place across the United Arab Emirates, Saudi Arabia, and Egypt. Llama Design Drive highlights include workshops and mentorship sessions and strategic partnerships with industry thought leaders.

The program by Meta and Startupbootcamp hopes to bridge the gap between established companies and the dynamic AI startup sector. To that end, Llama Design Drive will promote the use of Meta’s open-source large language model, Llama 3.1, helping companies develop products that tackle “real-world challenges in mobility, aviation, energy distribution, retail, and real estate”.

Startups recruited into the Llama Design Drive program will get the opportunity to be fast-tracked into a global initiative sponsored by Meta and have the chance to win up to $500,000 to support future product development.

“Our program not only promotes the adoption of AI technologies to develop solutions for corporate challenges but also facilitates connections between startups, corporates, and industry experts to expand networks and gain valuable knowledge and technical skills,” explained Ibrahim “Abe” Seksek, CEO MENA at Startupbootcamp.

Also Read: The Most AI-Proof Career Opportunities In The Middle East

“The whole world is excited to see how AI can add value to people’s lives,” added Joulan Abdul Khalek, Policy Programs Manager, Africa Middle East and Turkey at Meta. “Llama Design Drive is a great example of how open source can bring people together to co-create meaningful AI solutions. By doing so, we hope to cultivate a thriving community of tech talent across the region, working with them to unlock the potential of these exponential technologies to address real-world challenges”.

The MENA region — and the Middle East in particular — is ideally positioned for AI sector dominance, with both governments and businesses scrambling to adopt advanced technologies. In real terms, the Middle East as a whole is expected to reap 2% of the total worldwide benefits of AI by 2030, with annual growth surging to 20-34% across the region.

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Club L London Teams With Checkout.com For Global Expansion

The fashion retailer plans to enhance global payments and expand into new markets using Shopify’s e-commerce platform.

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club l london teams with checkout.com to boost global expansion

Global payment provider Checkout.com, has announced a collaboration with Club L London, a rapidly expanding online fashion retailer, to improve its global payment capabilities.

Club L London, which operates through six dedicated international websites, has recently launched a new platform for the Middle East, and is relying on Checkout.com’s expertise to support its global growth. The partnership is particularly focused on the MENA region, where Checkout.com has offices in both Dubai and Riyadh, plus key licenses in the United Arab Emirates.

By choosing Checkout.com as its primary payment provider, Club L London benefits from a pre-built Shopify checkout solution and superior payment performance. Additionally, local acquiring services are available in the UAE, along with Shopify digital wallet integration, elevating the overall customer experience for shoppers.

Headquartered in Manchester, UK, Club L London offers affordable luxury womenswear with distinctive designs. The brand has a strong presence in the UK, US, France, Australia, and the UAE and specializes in prom dresses, maternity wear, bridal attire, and accessories. Club L has built a global community of diverse consumers, influencers, and content creators, consistently releasing new collections to meet the demands of its expanding audience.

Also Read: Top E-Commerce Websites In The Middle East In 2024

‍Remo Giovanni Abbondandolo, General Manager, MENA, Checkout.com, said: “We’re passionate about helping businesses thrive in the digital economy. Club L is a prime example of a tech-enabled brand that we can help to grow via high acceptance rates, smooth integration with its e-commerce platform, and leverage our leadership and knowledge position in the MENA region”‍.

‍Seb Green, Chief Technical Officer at Club L London, added: “We are always looking for ways to enhance the customer experience on our site by offering the best payment methods. Checkout.com’s integration is a perfect fit for us, presenting an exciting opportunity for us to expand into new markets with a leading payments provider”.

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