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Today, a new activity takes us to Morocco, where YC-backed company Chari just raised a $5 million seed round at a valuation of $70million. Rocket Internet, Global Founders Capital and P1 Ventures co-led the round, which is the largest of its kind in Morocco at the moment. Image Credits: Chari.
As the number of those connected to the internet grows, and shoppers increasingly opt to buy goods online, e-commerce platforms are set to experience a spike in the number of orders made and the value of goods bought — as happened recently with Jumia.
E-Mediat is working with more than 220 NGOs in Jordan, Lebanon, Morocco, Tunisia, and Yemen. This post is brief re-cap about what I learned about technology innovation investments to develop new social media platforms and apps for the Arab World. Rami Al-Karmi, N2V Lab. I’m looking out my hotel window at the Dead Sea in Jordan.
Flutterwave hopes to roll out this service to individual merchants on the platform as well. . So despite having the largest payment infrastructure in Africa, we want to have arguably all the important payments systems in the world on our platform.” This is a pain point for these businesses, particularly in Nigeria.
In the latest development, Curacel , a Nigeria-based platform that aims to drive insurance penetration in emerging markets via APIs enabling insurers to connect with digital distribution channels and administer their claims, has raised $3 million in seed funding. So far, its tech caters to distribution and claims automation.
at Stanford and spending most of his professional life in Silicon Valley working at various companies, CEO Noureddine Tayebi returned to Algeria to get involved in the country’s nascent tech scene to start a company and build technical talent in the Maghreb region (Algeria, Morocco and Tunisia). After earning a Ph.D. Image Credits: Yassir.
” Just recently, e& enterprise entered a strategic three-year alliance with DataRobot , global AI platform provider, to launch the first AI as a Service (AlaaS) offering in the UAE, Egypt, and Morocco. The Forrester Wave™: AI/ML Platforms, Q3 2022. Industry Analyst Report. Download Now.
I took a series of screen shots from social media platforms and had the participants discuss and identify what the best Arabic phrase or word. The Morocco Team discussed how Youth Without Borders is a networked network and the Yemen Team pointed out how the Youth Leadership Development Foundation is one as well. What is in it for us?
And that is how he embarked on building Ponea as a “genuinely patient-centric platform.”. To get listed on Ponea’s platform, providers are first vetted and rated, using its own rating system, which uses data from the government’s database and physicians’ certifications.
As businesses reopened globally and the pandemic drove people to adopt new habits in e-commerce, work, spending money, online delivery, and learning, venture capital into various industries was poised to increase immensely, and Africa would not be exempt. African startups nearly raised $1.5
Looking further out, Fenix wants its footprint to cover the greater Middle Eastern region, from Morocco to Pakistan. Fenix launches ride-hailing service in Bahrain. Image Credits: Fenix. Dhanoa says Fenix is also working to expand its e-scooter presence in current markets.
Prior to adopting Salesforce, EFE was without a scalable database solution, relying instead on Excel spreadsheets to record and share organization data. “We An initial solution was built on the Salesforce platform to provide a framework for managing relationships and basic process automation. From Spreadsheets to Salesforce.
The latter is home to startups like Axie Infinity and Yield Guild Games, which have raised millions of dollars in venture capital owing to the adoption of crypto and play-to-earn models. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.
In the coming decades, Africa will be a significant growth market for mobile games, driven by the proliferation of technology adoption among the continent’s youthful population. In other words, Carry1st will act as Riot’s payments partner in Africa. . a16z, Avenir and Google back South African mobile games publisher Carry1st in $20M round.
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