Algeria
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Logistics
Algerian Logistics Platform GroDesto Raises US$1.4m Through Public Offering
GroDesto is an initiative to enable the distribution of consumer goods in Algeria. The startup consists of a mobile application and a website…
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Algeria’s mobility startup, Yassir, secures US$30mn Series A funding to improve its service and expand its reach
Yassir, an Algerian-based mobility startup and on-demand transport platform, Yassir has successfully secured US$30mn in its latest funding round to improve its…
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Other financial services
BCI Holding receives US$30mn from IFC to aid its expansion drive-in Africa
BCI Holding SA is set to receive a US$30mn financing package from IFC to further expand its production in Algeria,…
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Business
Three Months After Raising $850k, Tunisian Edtech Startup Gomycode Expands To Morocco
After station F in Paris and Algeria, Tunisian edtech startup GoMyCode is setting up in Casablanca through a new Hackerspace in the…
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Algeria Launches Its First Incubator For Transport And Logistics Startups
A new incubator dedicated to startups active in the transport and logistics sector, entitled “Naql Tech” has been inaugurated on…
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Yassir becomes first Algerian startup to get Y Combinator’s backing
Algerian ride-hailing startup Yassir has become country’s first to make it to Y Combinator. The startup was part of Y…
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Algeria passes budget encouraging foreign investment
Algeria’s interim president Abdelkader Bensalah signed a 2020 budget that includes public spending cuts but allows foreign investors to have…
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Algerian mobility startup temtem launches carpooling in North Africa with KAROS deal
Algerian mobility startup temtem is bringing car-pooling to the North Africa region via a partnership with French company Karos. Founded…
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Algerian Ride-hailing Startup TemTem Secures US$4M in Series A Round
TemTem, a ride-hailing Startup based in Algeria has raised US$4 million in a Series A round. The investment which is…
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