Author: Anita Bosman
Mountain View: TECHz – News Desk Alphabet Inc. has announced its financial results for the second quarter of 2026, showcasing a massive financial surge fueled by artificial intelligence investments. According to the company’s official earnings release, consolidated revenue for Q2 reached $119.8 billion, a 24% year-over-year increase, marking its 12th consecutive quarter of double-digit revenue growth. The standout performer of the quarter was Google Cloud, which recorded a staggering 82% increase in revenue to $24.8 billion. This rapid expansion was heavily driven by the adoption of Google Cloud Platform (GCP) enterprise AI Solutions and AI infrastructure. Alphabet noted a significant…
Cairo: TECHz – News Desk Egyptian healthtech startup Reme-D has successfully closed a $1.45 million Pre-Series A funding round to scale the production of its temperature-resilient molecular diagnostic tests. The funding round was led by Anara Impact Capital, with participation from the Global Innovation Fund, Africa Health Ventures, and other investors. This capital injection builds upon a prior $500,000 investment from the Global Innovation Fund in April 2026. The new funds will be utilized to significantly boost manufacturing capacity, broaden the company’s regional footprint across the Middle East and Africa, and diversify its portfolio of diagnostic products. Founded by Salma…
Abu Dhabi: TECHz – News Desk In a milestone development for regional technology, Abu Dhabi-based AI software creator AIREV has signed a strategic agreement with Redington to distribute its autonomous AI platform, OnDemand, across the Gulf Cooperation Council (GCC) and the entire African continent. The partnership bridges homegrown UAE artificial intelligence with one of the world’s most extensive enterprise distribution networks. The agreement combines AIREV’s sovereign-ready autonomous software with Redington’s robust market reach. Redington, a leading technology aggregator that reported consolidated revenues of $13.5 billion for FY2026, will market, resell, and distribute the OnDemand Enterprise platform. To accommodate diverse organizational…
Abu Dhabi: TECHz – News Desk The National Experts Program (NEP) has officially launched the first technical learning phase of its specialized Artificial Intelligence Track (NEP-AI). Designed to bridge technology, leadership, and national development, the module marks a critical milestone in preparing 32 Emirati experts to drive the UAE’s AI-powered economic and structural transformation. Launched in the presence of H.E. Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, and H.E. Omran Sharaf, Assistant Foreign Minister for Advanced Science and Technology, the inaugural module is titled “AI Foundations and the AI Stack.”…
Mogadishu: TECHz – News Desk Somalia has officially established a national innovation network designed to connect business incubators, chambers of commerce, and public institutions to accelerate the growth of local startups. Unveiled during the BIC Somali Innovation Forum in Mogadishu, the initiative marks a significant step toward unifying the country’s entrepreneurship ecosystem. The new network is a core component of the BIC Somali Project, an entrepreneurship initiative funded by the European Union and implemented by the United Nations Industrial Development Organization (UNIDO). During the launch, key stakeholders signed a memorandum of understanding to formalize cooperation and expand resource sharing across…
Santa Clara: TECHz – News Desk In a move designed to address an increasingly complex global threat landscape, Intel Corporation and Fortinet have announced a strategic collaboration to develop the next generation of custom cybersecurity silicon: the Fortinet Security Processor 6 (SP6). The partnership deepens a long-standing relationship between the two tech companies, merging Fortinet’s two decades of expertise in application-specific integrated circuits (ASICs) with Intel’s semiconductor design, packaging, and manufacturing capabilities. The core objective of the collaboration is to build a highly integrated security processor capable of handling the massive performance requirements of modern organizations, particularly as they manage…
Middle East – TECHz – News Desk Cohesity has entered into a strategic agreement with ZainTECH, the digital solutions arm of Zain Group, to deliver advanced, AI-powered cyber resilience and data security services to enterprise customers across the Middle East. The collaboration brings robust data protection to organizations operating in the UAE, Saudi Arabia, Bahrain, Kuwait, and Jordan. Formalized through the Cohesity Aspire Managed Service Provider (MSP) Program, the partnership enables ZainTECH to expand its portfolio with a fully managed Backup as a Service (BaaS) offering, powered by the Cohesity Data Cloud. This integration moves beyond traditional backup, providing a…
Kampala: TECHz – News Desk On July 22, 2026, the Uganda Institute of Information and Communications Technology (UICT) officially launched the fourth and final cohort of its Green Founders entrepreneurship programme. Supported by the Ministry of ICT and National Guidance alongside the Japan International Cooperation Agency (JICA), the initiative forms a core component of the Uganda ICT Industry Promotion Project (UJ Connect). The fourth cohort brings together 83 selected innovators who will undergo intensive mentorship, business development training, and innovation upskilling. Dr. Amina Zawedde, Permanent Secretary at the Ministry of ICT and National Guidance, emphasized that the programme is designed…
Kiambu: TECHz – News Desk Kenya’s youth are receiving a significant boost in employability and digital literacy as Safaricom expands its skills development program. The telco’s youth empowerment platform, Safaricom Hook Circle, recently hosted a two-day career and skills development initiative at Kiambu National Polytechnic, bringing the total number of young Kenyans impacted by the program to over one million. Launched in 2023, Safaricom Hook is designed to empower Gen Z by bridging the gap between classroom learning and the fast-evolving digital economy. The recent activation in Kiambu targeted students from the ICT and Automotive Engineering departments. The program provided…
Victoria Falls: TECHz – News Desk Following its historic US$1 billion listing by introduction on the Victoria Falls Stock Exchange (VFEX) in Victoria Falls on March 31, 2026, Econet InfraCo has announced significant operational progress in its inaugural quarterly trading update for the period ended May 31, 2026. As a dedicated infrastructure subsidiary spun off from Econet Wireless Zimbabwe, the company is accelerating the deployment of artificial intelligence and renewable energy to optimize operations and cut costs. Econet InfraCo operates as a fully integrated platform spanning Tower Infrastructure, Power Infrastructure & Services, and Property Holdings. To manage operational costs and…