A significant chunk — 43% of the budget — will be directed toward building digital infrastructure under the E-Government Program. According to the ministry, “to date, some 60% of the estimated 2,400 government services have been digitized,” and this number is expected to grow sharply by 2025 as the government ramps up its efforts.

Despite the promising plans, Jordan faces some tough challenges: Budget constraints have previously slowed progress, and the country continues to grapple with a shortage of skilled professionals in key emerging technologies. On top of that, many citizens have been slow to adopt e-services and digital payment systems, which has further hindered the push for a modern, tech-enabled public sector.

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

To overcome these hurdles, the ministry emphasized the need for a comprehensive strategy that goes beyond just implementing new technologies. Social and cultural factors also play a significant role in determining how well people embrace digital tools. Bridging these divides will be essential to ensure that digital government systems are not only implemented but widely used.

For Jordan to achieve its lofty goals, collaboration across government departments will be required, along with a strong focus on addressing societal barriers. However, with the right strategy in place, the massive investment could pave the way for a more efficient and inclusive digital future.

The post Jordan’s $45M Push To Boost E-Government & Digital Economy appeared first on Tech Magazine.

Capifly unlocks value in the digital economy by offering a proprietary credit scoring technology across a wide range of sectors, including SaaS, gaming, enterprise software, and internet-based virtual goods. The company is rapidly becoming a leader in providing non-dilutive capital — a style of funding that doesn’t require giving up equity or ownership.

Capifly’s CEO and co-founder, Dunya Bashiti, said, “Our vision positions Capifly at the forefront of the internet’s GDP growth. Our unique technology isn’t just for our use; we’re gearing up to underwrite debt for other financial institutions, solidifying Capifly’s key role in the digital era”.

Funders — including Oasis500, BLDR Ventures, Ahli Fintech, Joa Capital, and various angel investors from Jordan and the KSA — have backed Capifly’s growth and ongoing MENA expansion. According to Ahmed Jaradat, Capifly’s CTO and co-founder, the investors’ belief in Capifly’s vision and technological strengths has been invaluable. “The journey is just beginning, and their continued support propels us forward”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Capifly’s ambition doesn’t stop with Middle Eastern expansion. The company’s long-term strategy includes growth across pivotal emerging markets for Islamic financing, with a particular focus on Southeast Asia, where Capifly has already gained a foothold through using Malaysian registration.

The MENA virtual goods market is currently valued at over $15 billion and is estimated to grow by another $10 billion before 2025. The addition of non-dilutive capital from players like Capifly means the market could soon grow at an even greater pace than is currently forecast.

The post Capifly Finishes Successful $1M Pre-Seed Funding Round appeared first on Tech Magazine.