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So the company leverages a virtual wallet system tied to a bank account and customers can make payments to the platform using mobile money, bank transfer, and credit cards. Emmanuel says the company has its sights on North Africa with a physical presence in Algeria for the expansion.
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.
Across sub-Saharan Africa 303 million people, about 28% of the population, are connected to the mobile internet, according to the 2021 GSMA mobile economy report , and this number is expected to rise to 40% in three years’ time.
The Togo- and Singapore-based company received investment from AAIC, Thunes (TransferTo), Momentum Ventures (SMRT), Innoport Ventures (Schulte Group), CMC Ventures (National Express) and Liil Ventures (Mobility ADO). This way, individual users can exchange cash for mobile money via the Gozem app. “
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.
They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Since the company’s expansion to Africa , it has maintained a one-sided relationship with most countries on the continent, allowing them only to send money.
” 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. And we figured out that they’re already a perfect fit for that.”
Bolt , the Estonian mobility tech company that recently closed a huge round , is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks-off expansion to more cities within its existing markets while keeping up with the growing demand for e-hailing services across the continent.
Rounding up the top five: cleantech (15%), logistics (12%), mobility (8%) and e-commerce (5%). Other sectors have experienced substantial growth and gained a meaningful share of the equity funding activity this year: Cleantech (18%), e/m/s commerce (13%), enterprise (11%) and mobility (4%) complete the top-five list.
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.
May 25, 2023 ChatGPT app is now available in 11 more countries OpenAI announced in a tweet that the ChatGPT mobile app is now available on iOS in the U.S., In just six days, the app topped 500,000 downloads. — OpenAI (@OpenAI) May 24, 2023 May 18, 2023 OpenAI launches a ChatGPT app for iOS ChatGPT is officially going mobile.
Also, both mobile apps make customer support a lot more accessible than their desktop counterparts plus, mobile is the only way to send email support tickets. It's free with all plans, but you'll have to enter your personal information on your ExpressVPN account page or a mobile app. per month or $99.95
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