Algeria Digital Fund 
TechCrunch
MARCH 19, 2021
However , that’s not the case as limiting factors that hinder proper digital communication come into play at different growth stages. Gbolade Emmanuel and Ayomide Awe launched Termii after Emmanuel’s experience as a digital marketer helped him recognize the need for businesses to have exceptional communication channels.
TechCrunch
NOVEMBER 7, 2022
Yassir , an African super app platform that offers on-demand services such as ride-hailing, food and grocery delivery, and payments, has raised $150 million in Series B funding, five times what it raised in its previous priced round last November. . The African startup, first launched in Algeria, has now raised $193.25
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TechCrunch
MARCH 15, 2021
They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Next , they request the funds via bank transfer, leading to more incurred costs or use other cross-border money platforms like WorldRemit.
TechCrunch
JUNE 9, 2022
AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF) and French-based development finance institution Proparco, co-led the early-growth round. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. This brings GOMYCODE’s total financing to $8.85
TechCrunch
DECEMBER 1, 2021
Costamagna, in a statement, said the funding will help Gozem increase the figure to over 200,000 before 2025. Generally speaking, our competitors are the telco, which offers mobile money services, and sometimes you have standalone digital wallets as well,” said Costamagna. Image Credits: Gozem.
TechCrunch
AUGUST 25, 2021
El-Megharbel mentioned to TechCrunch that MaxAB’s plan to move into Morocco coincided with WaystoCap’s bid to raise new funding (the last time the company took venture capital was in 2017) and push further into the Moroccan market. WaystoCap is bringing Africa’s cross-border trade into the digital era.
TechCrunch
JANUARY 27, 2023
But before that, there was shared optimism that African startups would raise more VC funding last year than in 2021 when the continent, for the first time, passed the $4-5 billion threshold. Africa predicted to experience sustained funding slowdown in 2023 Most tech observers share Cuvelier’s thoughts on VC activity in Africa.
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