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Nigeria’s Termii raises $1.4M seed led by Future Africa and Kepple Africa Ventures

TechCrunch

Emmanuel says the company has its sights on North Africa with a physical presence in Algeria for the expansion. The reason lies behind the fact that in this quarter, Nigeria has accounted for 76% of the company’s messaging transactions, while Algeria currently accounts for 15%. A notable example is Kenya’s Africa Talking.

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Yassir pulls in $150M for its super app, led by BOND

TechCrunch

The African startup, first launched in Algeria, has now raised $193.25 When CEO Noureddine Tayebi started Yassir, the plan was to build a super app that included services people — in the French-speaking Maghreb region consisting of Algeria, Morocco and Tunisia — had little or no access to on one platform.

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Beneblog: Technology Meets Society - Untitled Article

Beneblog: Technology Meets Society

State has an active program tracking the state of human rights around the world. There's more in the press release, and we will be expanding our efforts in Kenya, Nigeria, Egypt and Algeria. Our big news is major support for more work by Benetech in Africa, thanks to the U.S. Department of State. We're just announcing this project.

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Gulf states using COVID-19 contact tracing apps as mass surveillance tools, report says

The Verge

The study analyzed a collection of contact tracing apps, which are designed to inform and monitor physical contact between people in the event someone contracts COVID-19, from 11 countries: Algeria, Bahrain, France, Iceland, Israel, Kuwait, Lebanon, Norway, Qatar, Tunisia, and United Arab Emirates.

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Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

TechCrunch

In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. The edtech platform has grown from 100 students in its first year to around 4,000 active students today. It raised $850,000 seed in October 2020.

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How African startups raised venture capital in 2022

TechCrunch

Earlier this month, we reported that investors’ sentiments surrounding venture capital activity going into this were more reserved than upbeat. Africa predicted to experience sustained funding slowdown in 2023 Most tech observers share Cuvelier’s thoughts on VC activity in Africa. Kenya is a close second with $1.1

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Asset financiers to the rescue as Bolt plans to sign-up 200,000 new drivers in Africa to meet growing demand for ride-hailing services

TechCrunch

Globally, the sector is expected to grow by 10% CAGR year-on-year according to this report due to a spike in demand as the world embraces the “new normal” that has seen activities in industries like transport almost fully return in regions like Africa.

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