E-commerce startup Chari joins San Francisco-based startup accelerator Y Combinator

MOROCCO – Chari, a Moroccan E-commerce startup becomes the first startup in the North African nation to join Y Combinator, a San Francisco-based startup accelerator. Y-Combinator is known to be the most selective startup incubator in the world, only accepting 1% of the startups that apply. Big names such as Airbnb, Dropbox, Stripe, Twitch, Sendbird, Reddit, or even Zapier have…

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Logistics company Freterium secures an opportunity in Y Combinator

MOROCCO – Freterium, the first predictive supply chain platform, has just been selected to join the famous program of Y Combinator (YC), the Californian incubator, which will accelerate the Moroccan start-up international development. Founded by two engineers, Mehdi Cherif Alami and Omar El Kouhene, Freterium aims to transform supply chains by replacing manual processes with a fully connected ecosystem. Freterium…

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Edtech start-up Kidato raises US$1.4m seed for online learning

KENYA – Kidato, an online class for K-12 students in Africa, has announced that it has closed its US$1.4 million seed investment. This seed round has been backed by Y Combinator, a significant backer of most of the continent’s well-known start-ups Investors who were in this funding round include such firms as Launch Africa Ventures Fund, Graph Ventures, Learn Start…

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Fintech startup Djamo selected for Silicon Valley-based accelerator Y Combinator

COTE D’IVOIRE – Djamo, a financial super app for consumers in French-speaking Africa, has been accepted into the Silicon Valley-based accelerator Y Combinator, banking US$125,000 funding and further support, becoming the first startup from Ivory Coast to take part in the renowned programme. Founded by Hassan Bourgi and Regis Bamba last year, Djamo is a financial super app that aims…

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Online real estate platform Sakneen raises US$150,000 funding from Y Combinator

EGYPT – Sakneen, online real estate platform, announced that it has been backed by Y Combinator, a Silicon Valley-based incubator, according to the startup’s statement.   The startup was part of Y Combinator’s Winter 2020 batch that graduated earlier this year with a virtual demo day. It has raised US$150,000 from Y Combinator as part of joining the program.  Breadfast and Trella…

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