Pakistan's Prime Minister Shehbaz Sharif met with VEON Group CEO Kaan Terzioglu to discuss investment opportunities in Pakistan's digital sector, highlighting a successful 5G spectrum auction that generated $507 million across three carriers (Zong, Jazz, Ufone). VEON expressed intent to increase investment in Pakistan as the government pursues broader digitalization initiatives including satellite internet, international cable connectivity, and fiber network expansion. The meeting signals continued foreign investor confidence in Pakistan's telecom and digital infrastructure development.
Dawn (Pakistan)·PK·about 5 hours ago
Pakistan's State Bank launched a new regulatory framework enabling teenagers aged 13-18 to independently own and operate bank accounts and digital wallets, addressing a gap where ~26 million youth previously could only access joint/parent-controlled accounts. The framework aims to build financial literacy and digital economy participation among young citizens. Implementation details and participating banks remain unspecified.
Dawn (Pakistan)·PK·about 5 hours ago
Nigeria's Digital Economy Minister announced plans to establish a Cybersecurity Council in response to recent cyber incidents affecting private institutions, public systems, and the services industry. The initiative addresses growing operational disruptions but lacks specific details on governance structure, timeline, or threat assessment. The move reflects regional concern over cyber vulnerabilities in critical infrastructure and financial systems.
Premium Times (Nigeria)·NG·about 5 hours ago