TechCrunch

OCTOBER 19, 2022

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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TechCrunch

MAY 10, 2022

As Mylerz expands to Algeria, Tunisia and Morocco, Fawry, its payments partner, will come along to provide electronic payment and cash collection services. Manara gets $3M to grow tech talent pool in the Middle East and North Africa. Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital.

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TechCrunch

MAY 25, 2022

It’s also worth noting that this deal closed before Tiger Global’s reported $17 billion loss during this year’s tech sell-off. Chari offers an identical offering in Morocco. B2B e-commerce platform Chari is acquiring the credit line of Axa Assurance in Morocco for $22M.

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TechCrunch

JUNE 9, 2022

His new job was to open a subsidiary for a French open source tech startup and that required hiring developers on the ground. It raised $850,000 seed in October 2020. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. This brings GOMYCODE’s total financing to $8.85

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TechCrunch

SEPTEMBER 21, 2022

Per reports , major regional exchanges in Africa have raised over $80 billion in equity capital markets and $240 billion in debt capital markets. To bolster its efforts, it has also raised $1.6 That was the year MTN Ghana, a local telecom operator, went public in the West African country after raising about $237 million. “I

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TechCrunch

NOVEMBER 7, 2022

Yassir , an African super app platform that offers on-demand services such as ride-hailing, food and grocery delivery, and payments, has raised $150 million in Series B funding, five times what it raised in its previous priced round last November. . The African startup, first launched in Algeria, has now raised $193.25

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TechCrunch

NOVEMBER 22, 2022

The capital we have raised will help us to quickly scale into new markets beginning with Ghana, where we will launch in December,” Leta founder and CEO, Nick Joshi told TechCrunch, adding that its working on a transport marketplace, and fintech products too. “Our next year is going to be fairly big for us.

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TechCrunch

DECEMBER 20, 2021

The company has now raised more than $80 million, and while it is not disclosing its valuation, PitchBook data notes that it is $715 million as of this round (which appears to have closed earlier in the year). “Remittances are a deceptively simple product on the surface, with an exceedingly complicated execution under the hood.

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Beth's Blog: How Nonprofits Can Use Social Media

JANUARY 20, 2011

The highlight of third day was a VIP Lunch with project sponsors, implementation team, and remote participation via skype from members of the In-Country teams in Jordan and Morocco. The 4 Ways Tech Can Change Politics. It’s still low given the 35 million people in Morocco. View more presentations from Mary Joyce.

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TechCrunch

MAY 23, 2022

The automotive marketplace, which allows customers to sell and buy used cars, has raised a pre-seed round of $12.6 Autochek expands to North Africa after acquiring Morocco’s Kifal Auto. Cairo-based Sylndr is a new player in a market where unorganized dealers and classifieds dominate the sales volume.

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TechCrunch

NOVEMBER 29, 2021

Yassir, an Algerian startup that provides on-demand services such as ride-hailing and last-mile delivery, has raised a $30 million Series A round. We are [a] 100% local champion, including tech talent, as we want to empower the tech talent in the region and hire them in each country we operate in. After earning a Ph.D.

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TechCrunch

SEPTEMBER 23, 2022

Serial Kenyan tech entrepreneur Mike Macharia has spent the last two decades helping enterprises like East Africa’s biggest telco Safaricom to create infrastructure that bolsters their growth. But I had never thought of building tech for us (the masses). Nigeria’s YC-backed Remedial Health raises $4.4M seed funding.

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TechCrunch

FEBRUARY 16, 2022

African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in just twelve months. 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.

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TechCrunch

FEBRUARY 17, 2022

Freterium , a startup based in Morocco, is one such company providing this software, and it has raised $4 million in seed to scale across the country and into surrounding regions. . Only B2B e-commerce startup Chari and proptech Mubawab has raised more recently. African tech took center stage in 2021.

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TechCrunch

JUNE 6, 2022

. “We incorporated those lessons into how we’ve built up the tech at Fenix from day one, and it’s really paying dividends as we’re now able to spin out new products basically every quarter with a very lean, high-velocity tech team,” said Dhanoa.

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TechCrunch

JANUARY 6, 2022

Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 One of the earliest in the space, Nigerian B2B e-commerce platform TradeDepot , raised a combined $110 million in debt and equity. million financing round. JABU shines a light on the Southern Africa region.

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The Verge

JULY 23, 2021

Still, an Amnesty International statement raised concerns that the company is providing spyware to oppressive governments, where government agencies can’t be trusted to do right by their citizens. Microsoft, Google, Cisco, and other tech companies signaled support for WhatsApp’s suit. (As

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TechCrunch

JANUARY 17, 2023

Since its launch in 2018, Carry1st, a publisher of social games and interactive content across Africa, has raised funding from investors such as Google via its Africa Investment Fund and Avenir Growth Capital. African gaming startup Carry1st raises $27M from Bitkraft Ventures and a16z by Tage Kene-Okafor originally published on TechCrunch.

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