Connect with us

News

Oracle Is Planning To Build Two New Cloud Regions In Morocco

The data centers will be situated in Casablanca and Settat, bringing the global tech company’s number of MENA facilities to eight.

Published

on

oracle is planning to build two new cloud regions in morocco

Oracle is planning to open two new data centers in Morocco, which are expected to boost one of North Africa’s fastest-growing IT ecosystems and add to the influx of investments in the MENA technology scene.

The facilities are to be built in the capital, Casablanca, and the southern city of Settat. They will support digital transformation in Morocco and across North Africa while bringing the number of Oracle’s global cloud regions to 72. The company will offer dedicated, public, hybrid, and multi-cloud services to both enterprises and start-ups, as well as universities and government agencies.

“As one of the largest economies in Africa […] Morocco offers unique growth opportunities for businesses that are aiming to accelerate their expansion by deploying the latest digital technologies,” explained Richard Smith, executive vice president for technology in Europe, the Middle East and Africa at Oracle.

The rate of adoption for cloud services in the Middle East continues to grow, driven by a technology-savvy young consumer base and a rapidly evolving digital landscape. The technology sector in Morocco is one of Africa’s fastest-growing and is now a vital component of its economy.

Also Read: Meet JAIS Chat: The AI-Powered Chatbot For Arabic Speakers

Overall, Morocco’s economy continued to strengthen last year, with real gross domestic growth expected to reach around 3.5% in the medium term.

“Oracle’s strategic investment marks a significant milestone in North Africa’s digital transformation journey,” noted Jyoti Lalchandani, regional managing director for the Middle East, Turkey, Africa, and India at market intelligence firm IDC.

Including the latest news about Morocco, Oracle’s MENA cloud regions have now increased to eight. In South Africa, the company has data centers in Johannesburg, and another is planned for Kenya. Meanwhile, the Middle East has centers in Abu Dhabi, Dubai, and Jeddah, with two additional facilities planned for the Saudi capital, Riyadh, and the high-tech city of Neom.

Advertisement

📢 Get Exclusive Monthly Articles, Updates & Tech Tips Right In Your Inbox!

JOIN 23K+ SUBSCRIBERS

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Lebanon Ministers Meet Visa Over National Digital Payment Platform

Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.

Published

on

lebanon ministers meet visa over national digital payment platform

Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.

The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.

The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.

Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.

Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.

Also Read: Deezer Says AI Tracks Now Make Up 44% Of Uploads

Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.

“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.

Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.

Continue Reading

#Trending