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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). Image Credits: Yassir.

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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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4 keys to international expansion

TechCrunch

Rocket often followed the Blitzscaling model popularized by Reid Hoffman — earning them an appearance in his book of the same name. My personal observations on Rocket’s successes and failures start with this crucial point: These learnings might not apply to your unique combination business model, market and timing.

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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. Image Credits: By 2030, it is predicted that the number of youths — people between the ages of 15 and 24 — in Africa will increase by 42%, according to the UN. GOMYCODE utilizes the latter.

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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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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

Image Credits: Bolt. In South Africa, Bolt has a similar arrangement with FlexClub, a vehicle subscriptions marketplace, that allows drivers to get into the taxi business through a lease-to-own financing model. Image Credits: Bolt. Image Credits: Bolt. Paddy Partridge, Africa regional director, Bolt Ride Hailing.

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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

ChatGPT was recently super-charged by GPT-4 , the latest language-writing model from OpenAI’s labs. Paying ChatGPT users have access to GPT-4, which can write more naturally and fluently than the model that previously powered ChatGPT. Turbo through the company’s API can make the model better follow specific instructions.

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