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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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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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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. Some of these businesses include uLesson, Yassir, Helium Health, Piggyvest, Bankly , Paga, and TeamApt.

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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. They operate online-only or hybrid models (a combination of offline and online settings). We have a blended education model, we teach in twelve local languages, and we’re positioning ourselves as a regional leader.”.

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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. Niama El Bassunie co-founded WaystoCap with Mehdi Daoui, Anis Abdeddine and Aziz Jaouhari Tissafi in 2015. The company was originally a cross-border trade platform for transacting business goods in Africa.

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