PayPal has pledged a $100 million investment to promote innovation, support entrepreneurs, and expand access to the digital economy in the Middle East and Africa.
Online commerce is increasingly being adopted worldwide.
Africa, in particular, is a rapidly growing market in this regard. As a result, global players like PayPal are competing to capture the market by investing in startups, infrastructure, and cross-border payment solutions.
The fund will help local businesses scale and bring millions of new consumers online.
This move comes following PayPal’s opening of its regional hub in Dubai in April 2025.
With this investment, the company has once again demonstrated its commitment to establishing a lasting presence in the region.