tunisia

Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

Yahya Bouhlel started coding in his early teens. Within this timeline, he interned at several companies in Palo Alto, California. Most of his work revolved around building apps and iPhone games. When

Egyptian q-commerce platform Appetito bags Lamma for over $10M

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 start

Egyptian health and wellness platform Esaal raises $1.7M to scale across MENA

There’s a vast unmet demand for medical consultation in developing markets like Egypt due to low doctor supply. As of 2018, Egypt’s doctor to citizen ratio stood at 1:2,000; you can paint a pictur

Egypt’s Mylerz raises $9.6M for its e-commerce fulfillment service, eyes Africa-wide growth

Mylerz, a Cairo-based e-commerce fulfillment startup, plans to enter three new markets in North Africa and expand across Egypt over the next three months against the backdrop of the $9.6 million fundi

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

Moroccan B2B e-commerce and retail startup Chari has acquired Axa Credit, the credit branch of Axa Assurance Maroc, for $22 million, the company confirmed to TechCrunch today. The news comes off the b

The latest list of YC-backed companies worth over $150M is the most geographically diverse yet

In 2018, Y Combinator released its first mega list of the top companies valued at $150 million or more that have gone through the accelerator. Over the past four years, it’s updated the list to ref

Game studios come together to grow industry in Africa

Ten game development studios in Africa have come together under one umbrella, the Pan Africa Gaming Group (PAGG), in an effort to unify the continent’s gaming sector, which is currently fragmented.

Tunisian enterprise AI startup InstaDeep raises $100M from AI Capital, BioNTech, Google

A recent survey carried out by CNBC reported that 81% of executives worldwide say AI will play a prominent and critical role in how their businesses operate this year. Companies are phasing from the f

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

Moroccan B2B e-commerce and retail startup Chari confirmed to TechCrunch that it has secured a bridge round at a $100 million valuation. The bridge round welcomed new investors Khwarizmi Ventures, Air

Jumia reports 30% growth in value of goods sold on its platform during Black Friday season this year

E-commerce in Africa is growing fast and its potential remains enormous as more people get connected to the internet. Across sub-Saharan Africa 303 million people, about 28% of the population, are con

Algeria’s Yassir picks up $30M to build a super app in North Africa

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. The investment came from a long list of VCs and angel

Internet shutdowns are a political weapon. It’s time to disarm.

Authoritarian governments from 21 countries have deliberately shut down internet service at least 50 times this year, and the problem is only bound to get worse.

Flat6Labs closes $10M seed fund for Tunisian startups

Regional seed and early-stage venture capital firm Flat6Labs has finished raising $10 million for its seed fund targeted at Tunisian startups, according to a statement released by the company. The see

YC-backed Ziina raises $7.5M seed led by Avenir Growth Capital and Class 5 Global

Cash is the predominant method of sending and receiving payments in the Middle East. If you owe someone a cup of coffee or a trip over a long period, repaying via cash is your best bet. This is one pr

Seed-stage accelerator Flat6Labs closes $13.2M fund for startups in Egypt

Investment activities in Egypt continue to gain steam, not for startups only but also the funds backing them. Today, seed accelerator Flat6Labs announced the second close of its Egypt fund to support

Egyptian VC firm Sawari Ventures finally closes $71M fund for North African startups

Egyptian-based VC firm Sawari Ventures has closed its $71 million fund for North Africa’s rapidly growing startup ecosystem. The firm first announced its fund in 2018, when it closed an initial

Voter manipulation on social media now a global problem, report finds

New research by the Oxford Internet Institute has found that social media manipulation is getting worse, with rising numbers of governments and political parties making cynical use of social media alg

Holberton School is coming to Tulsa, Oklahoma

Holberton School, the coding school that bills itself as an alternative to college for budding software engineers from all walks of life, keeps expanding. After recently opening schools in Colombia an

Telegram’s crypto tokens are (kind of) going on sale to the public for the first time

Telegram, the most hyped ICO in the history of ICOs, is finally making its tokens available to retail investors through a limited listing that will precede a full sale later this year — but ther

Africa Roundup: Jumia’s post-IPO earnings, Gokada’s $5.3M raise, Facebook’s fake-news purge, Joe Montana’s fintech investment

Jumia held its first post-IPO earnings call and weathered a short-sell assault in May, with Wall Street showing confidence in the Pan-African e-commerce company. On the numbers, key takeaways were tha
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