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B2B e-commerce platform Chari is acquiring the credit line of Axa Assurance in Morocco for $22M

TechCrunch

Chari digitizes the largely fragmented FMCG sector in parts of French-speaking Africa, particularly Morocco and Tunisia. It operates a mobile app that connects small retailers in these two countries to FMCG multinationals and local manufacturers, allowing them to order and get products in less than 24 hours.

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Chari, a Moroccan startup digitizing mom and pop stores, raises $5M at $70M valuation

TechCrunch

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. “The more we grow, the more we have funding.

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MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap

TechCrunch

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.

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E-Mediat: Social Media Capacity Building for NGOs in the Arab World

Beth's Blog: How Nonprofits Can Use Social Media

The project is training 300 NGOs in Jordan , Lebanon , Tunisia , Morocco , and other Arab countries to become networked ngos and use social media for civil society goals. A true public/private partnership, the funding partners include Microsoft and craiglist Charitable Fund. I’ll be Jordan and Morocco in March, 2011).

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MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M

TechCrunch

Last year, MaxAB , the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches ; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. million orders within this timeframe.

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Morocco’s Chari valued at $100M in bridge round as it looks to pilot BNPL services

TechCrunch

Like many startups playing in the B2B e-commerce space across the continent, Chari digitizes the largely fragmented FMCG sector in Morocco and Tunisia. Once it gets operations right in Morocco, Chari plans to expand this BNPL service to Tunisia and other French-speaking countries in Africa.

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Yassir pulls in $150M for its super app, led by BOND

TechCrunch

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.

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