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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.
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%.
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.
In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. Bouhlel says the company has local teachers in every country — over 500 in number — and they teach students in over 12 languages. It raised $850,000 seed in October 2020.
After an initial success helping Groupon scale internationally via a merger with Rocket’s incubation firm CityDeal, Rocket’s team have aggressively scaled businesses from Algeria to Zimbabwe — sometimes in a matter of weeks. Some companies are global by default — think mobile gaming companies — or simply require language localization.
. “For us, our strategy is to build a global team that can think local and execute properly. ” While the acquisition signals MaxAB’s move into Morocco, it also shows the company’s entry into the Maghreb markets — Algeria, Libya, Mauritania, Morocco and Tunisia, where there’s little or no contest.
Outside the top four countries, startups from Ghana, Algeria, Tunisia and Senegal raised the most equity funding. Though at the same time, it can open up opportunities for local funds to earn ground and enter better deals,” he added. Partech: Nigeria represented 23% of African tech’s total equity funding.
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.
based company to stop processing locals’ data. The local radio, TV and internet awareness campaign has a slightly more generous timeline of May 15 to be actioned.) The DPA has given OpenAI a deadline — of April 30 — to get the regulator’s compliance demands done.
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