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Chari digitizes the largely fragmented FMCG sector in parts of French-speaking Africa, particularly Morocco and Tunisia. The acquisition of Axa Credit — the Moroccan credit branch of the French-based Axa Group — makes Chari one of the few, if not the only, startups to acquire a local branch of a global bank.
That's my avatar with a fez I pocked up in Virtual Morocco in Second Life, a student project! Now via New Media Consortium: Teachers Buzz Session (a weekly gathering of educators in Second Life to visit and discuss SL education projects) comes the opportunity to answer thoese questions via a virtual field trip to Morocco.
Diplomatic leaders leaders gathered in Marrakesh, Morocco. Last month, leaders from around the world gathered in Marrakesh, Morocco, with the hope of taking a huge step forward and designing that international model. We help more than 250,000 people with print disabilities thanks to our U.S. copyright exception.
Now, the last-mile distribution e-commerce company has received more investment: a $15 million Series A led by Tiger Global. The round, which closed sometime in March, is Tiger Global’s second investment in the B2B e-commerce space after backing Wasoko in its mega Series B round. Chari offers an identical offering in Morocco.
Today, a new activity takes us to Morocco, where YC-backed company Chari just raised a $5 million seed round at a valuation of $70million. Rocket Internet, Global Founders Capital and P1 Ventures co-led the round, which is the largest of its kind in Morocco at the moment. Image Credits: Chari. million monthly, said Belkhayat.
One year ago, on June 28, 2013, at a diplomatic conference in Marrakesh, Morocco, the World Intellectual Property Organization ( WIPO ) agreed on a historic international copyright exception for people with print disabilities. a11y accessibility blind Bookshare copyright IP Marrakesh Treaty print disabilities visual impairment WIPO'
The startup is announcing the acquisition of Morocco-based B2B e-commerce and distribution platform WaystoCap for an undisclosed amount. That business model got WaystoCap into Y Combinator’s Winter batch in 2017, making it the first company accepted from Morocco. The company subsequently raised a $3 million seed round.
Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. Africa has the lowest insurance penetrations globally. Chari (Morocco). Freterium (Morocco). Amenli (Egypt). In Egypt, the insurance penetration rate stands at a minuscule 1%.
That might be a thing of the past for some businesses as African payments company Flutterwave today is announcing a collaboration with PayPal to allow PayPal customers globally to pay African merchants through its ‘Pay with PayPal’ feature. Going by this partnership, we can expect the majority of them to be global plays.
They join existing investors (Y Combinator, Rocket Internet, Global Founders Capital, Plug n Play, Orange Ventures, Harvard University Management Company, Village Capital and P1 Ventures) who invested in Chari’s $5 million seed round last October at $70 million.
Appetito , the Egyptian platform that delivers groceries and household products to customers from 11 dark stores across three cities in the North African country, is acquiring Lamma , an identical startup with operations in the Maghreb regions of Tunisia and Morocco. . The deal is expected to close by the end of Q3 2022.
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. So far, its execution has been spot on.
Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. While global investors have previously invested in African startups, their activity seemed more prominent in 2021, probably because of their participation across the board.
of Africans are insured , which is less than half the global average of 6.3%, making it the least insured continent in the world. It is used by over 100 companies, including banks, fintechs, logistics and e-commerce platforms across eight African markets: Nigeria, Ghana, Kenya, Uganda, Tanzania, Rwanda, Morocco and Egypt.
The Guardian reports that the software has allegedly been used to target journalists in Morocco, as well as political dissidents from Rwanda and Spanish politicians. This is not the first time allegations have emerged that spyware from NSO Group has been used to target journalists.
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to Covid-19.
” Just recently, e& enterprise entered a strategic three-year alliance with DataRobot , global AI platform provider, to launch the first AI as a Service (AlaaS) offering in the UAE, Egypt, and Morocco.
In March 2021, the San Francisco-headquartered and Lagos-based startup raised $170 million in a Series C round from Tiger Global and Avenir at a valuation of $1 billion. After scaling its payments product across sub-Saharan Africa, Flutterwave has expanded its services up north to Egypt and Morocco. it didn’t run any operations there.
But t he used cars market isn’t only enormous in Egypt; it is in almost every country with a large population globally. VC firms Algebra Ventures, Nuwa Capital, 1984 Ventures, and Global Founders Capital participated, with several regional and global angel investors taking part as well.
A number of those on the visual are connecting with the E-Mediat Project ,a networked capacity building project in the Middle East and more recently colleagues from TechSoup Global Summit who are partners on the E-Mediat project. E-Mediat Twitter Network.
In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. While there are various jobs in every facet of life, tech jobs are currently in high demand in the global economy these days. It raised $850,000 seed in October 2020.
As the adoption of telehealth continues, Ponea targets to grow its customer base by 500,000 in the next three years, and establish a presence in four other markets including South Africa, Nigeria, Egypt and Morocco. “We We look at strategic engagement by allowing API integration at a global level,” said Macharia.
The mix of positives such as a fast-growing population–the youngest globally–, solid smartphone penetration, increasing crypto adoption, and negatives like low GDP per capita across board and unemployment makes Africa the next ripe ground for web3.
“When these companies evolve to go global, we still count them as African companies.” He adds the likes of Tunisia, Morocco, Rwanda as second-tier countries quickly entering global investors’ radar and building more sophisticated ecosystems. ” Briter Bridges has a similar methodology.
For one thing, by the first half of 2022, A frica seemed to defy the global venture funding decline after its startups raised $3 billion, double the amount secured over a similar period the previous year; therefore, a twofold increase by December seemed plausible. There was reason to believe so.
In addition to Zoetica, implementation partners include SMEX Beirut , TechSoup Global , and Meedan directly, plus a network of in-country teams and training partners. The goal is to train over 150-250 NGOs in Jordan, Lebanon, Yemen, Morocco, and other countries and help them put social media skills into practice.
Details: Gotion has operationalized its first production line at the Gottingen factory and received a large number of orders from local clients, with plans to begin supplying local markets in October, Peter Willemsen, chief operating officer of Gotion Global said in a statement. Gotion also plans to build a $6.3
NSO says the list has nothing to do with its business, and claims it’s from a simple database of cellular numbers that’s a feature of the global cellular network. At this point, that’s clear as mud.
.” The timing of the statement, which was also signed by privacy regulators in Australia, Switzerland, Norway, New Zealand, Colombia, Jersey, Morocco, Argentina and Mexico — who are all members of the Global Privacy Assembly’s international enforcement cooperation working group — coincides with the ongoing hype around generative (..)
Data Digest is a weekly round-up of the latest news on data-related projects in the nonprofit sector, compiled and authored by Keisha Taylor of GuideStar International and TechSoup Global. It originally appeared on NetSquared.
The Barcelona-based company has invested up to €25 million ($30 million) by bringing its food delivery service to six African countries — Morocco, Uganda, Kenya, Ghana, Côte d’Ivoire and Nigeria. Glovo is available in more than 40 cities with more than 300,000 users, 8,000 restaurants and 12,000 couriers in these countries.
” The conference marked the end of an 18-month capacity building program that trained more than 220 NGOs in Jordan, Lebanon, Morocco and Tunisia on how to use social media effectively to advance civil society. 83% of participants are applying their social media skills to engage local and global communities.
Ending the Book Famine: the Marrakesh Treaty The World Blind Union talks about the global book famine experienced by blind people, and the negative impacts on education and employment on many millions of people around the world. Ten years ago, I was one of a handful of leaders who got together to create a first draft of a global treaty.
April 28, 2023 ChatGPT parent company OpenAI closes $300M share sale at $27B-29B valuation VC firms including Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global are picking up new shares, according to documents seen by TechCrunch. Europe, South Korea and New Zealand, and soon more will be able to download the app from the app store.
Through a global network operating in nine countries across the MENA region, EFE trains young people with the skills necessary to succeed in work and life and then matches the next generation of ready-to-work talent with businesses in need of qualified employees. .
Kavita Ramdas, President and CEO, Global Fund for Women. Kavita Ramdas is the President and CEO of the nonprofit, the Global Fund for Women. I think it's worth it (: Kavita Ramdas: The Global Fund for Women is the largest independent, publicly supported grant-making foundation to advance women's human rights internationally.
She traveled over 100,000 miles and interviewed 12 women activists who are working on solutions to everything from sex trafficking, to global warming, to AIDS. Glamour and powerHouseBooks have produced a collection of Pearl's interviews in, In Search of Hope: The Global Diaries of Mariane Pearl , which includes a Foreword by Angelina Jolie.
But yesterday, the unmanned portion of the Dragon assumed to be the unpressurized cargo trunk ,due to publicly-tracked Dragon reentry data which closelymatches reported locations of the fireballs rained down on skies as far apart as California , Nevada, Morocco , and Australia.
Last January, Carry1st announced a $20 million Series A extension round , which followed the $6 million it raised in May 2021 from several investors, including Riot Games, the developer and publisher behind the most-played PC game globally, League of Legends.
Although America was hit relatively late by the pandemic, it’s since become the global epicenter, due to what experts have criticized as a confused and haphazard response. The US instituted its own travel ban for visitors from Ireland and the 26-country Schengen common travel area (which includes 22 EU nations) in March.
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