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Algeria’s Yassir picks up $30M to build a super app in North Africa

TechCrunch

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.

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

TechCrunch

billion B2C communications market estimated to grow 6% annually , Termii runs a B2B2C model. While a subscription-based model would’ve made sense, the two years spent by the company trying to find PMF made them think otherwise. Nigerian founders-turned-investors are now running syndicate funds. Playing in a $3.6

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

TechCrunch

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

TechCrunch

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

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Francophone African super app Gozem grabs $5M to expand and offer more services

TechCrunch

A plan to replicate the model of Grab and Gojek in Southeast Asia saw Gozem expand its transport verticals to include taxi and tricycle services across multiple cities in Togo and Benin. Then the company launched an asset financing option for its drivers, employing a lease-to-own model for vehicles and associated equipment.

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MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap

TechCrunch

That business model got WaystoCap into Y Combinator’s Winter batch in 2017, making it the first company accepted from Morocco. The Maghreb market is new territory for MaxAB and the acquisition positions it as the most funded and largest B2B e-commerce platform for retailers and suppliers. “I love the team.

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Women Who Tech Around the World

Beth's Blog: How Nonprofits Can Use Social Media

” Using a webinar and conference call platform, we were able to bring in participants from San Francisco, Rwanda, Kenya, Algeria, Tunisia, and Egypt. She shared Akili Dada’s model and impact for developing high-potential young women from underprivileged families who are passionate about social change.

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