All posts tagged "Algeria"
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13.0KInvestmentsYassir becomes first Algerian startup to get Y Combinator’s backing, aims to become super-app for French-speaking Africa
Algerian ride-hailing startup Yassir has become country’s first to make it to Y Combinator. The startup was part of Y Combinator’s Winter...
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10.5KNewsFact check: Careem has not acquired Algerian ride-hailing startup Yassir
A story about Careem acquiring Algerian ride-hailing startup Yassir that is present in Algeria and Tunisia has been making rounds on social...
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9.5KEcommerceJumia’s stock has lost more than half of its value since going public six months ago, market cap is down to $520 million
Jumia, the ‘African’ ecommerce company that has its corporate headquarters in Dubai and operations in 14 African countries including Egypt, Morocco, Tunisia,...
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23.7KInvestmentsAlgerian ride-hailing startup TemTem raises $4 million in country’s largest Series A
Algiers-based ride-hailing startup TemTem has raised $4 million in a Series A round, the startup announced in a statement to MENAbytes today....
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7.1KNewsDubai-based EMPG-owned Moroccan property portal Mubawab acquires Jumia House in Morocco, Tunisia & Algeria
Mubawab, the leading real estate portal of Morocco that was acquired by Dubai-based Emerging Markets Property Group last year, has acquired Jumia’s...
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7.5KInvestmentsHeetch, a French ride-hailing startup with presence in Morocco, raises $38 million, plans expansion to Algeria and some other markets
Heetch, a Paris-headquartered ride-hailing startup that is active in France, Belgium, and Morocco, has raised $38 million in its latest funding round,...
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8.3KNewsJumia’s stock soars ~300% after debuting at NYSE last week, market cap hits $3 billion
As Africa debates about whether or not Jumia should be considered an African company, it’s stock continues to soar. The company that launched...
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8.9KEcosystemTunisia’s AfricInvest partners with Cathay Innovation launch ~$170 million fund to invest in African startups
Tunisian private equity firm AfricInvest that has $1.5 billion in assets under its management, is partnering with San Francisco-based Cathay Innovation, a...
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8.9KNewsJumia becomes first African startup to launch US IPO, shares soar over 50% within first hour valuing the company at over $1.5 billion
Almost a month after filing for an initial public offering (IPO) on New York Stock Exchange, the Lagos-headquartered ecommerce startup Jumia today...
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14.0KNewsAlgerian edtech startup Quizzito wins Step Saudi Pitch Competition
Algerian edtech startup Quizzito won the pitch competition at first edition of STEP Saudi last month. There were 100 startups that participated in...