Tunisia injects $2.5 million to boost African technology startups

Tunisia reinforces its commitment to technological innovation by investing $2.5 million in the pan-African venture capital fund “LoftyInc Alpha Fund I”. This initiative, led by the ANAVA fund of funds, financed by Tunisia’s Caisse des Dépôts et Consignations (CDC) and managed by Smart Capital, aims to support African technology startups in the seed phase, thereby strengthening the digital infrastructure across the continent. The ANAVA fund of funds is a key component of the national “Startup Tunisia” initiative, which aims to position Tunisia as an innovation hub at the intersection of…

A spiritual journey that only Liberta can offer

Liberta Travel and Tourism, a pioneer in the field of organizing Hajj and Umrah trips, has managed to win the trust of Tunisians, thanks to its great efforts in organizing, good management and the ability to work under all conditions, in addition to its very reasonable prices for the high-end services it provides. It is not easy for a Hajj and Umrah company to gain the trust of all segments of society and all categories, as it won the bet after it was able to be the number one in…

1,146 startups have been accredited

Nejia Gharbi, CEO of the Caisse des Dépôts et Consignations CDC, announced that 1,146 startups had so far been accredited under the national “Startup Tunisia” program, with remarkable regional variations in the number of accreditations. She added: “The regional roadshow for the Startups and Innovative SMEs Project revealed two main findings This announcement was made at the closing event of a regional tour of the Startups and Innovative SMEs Project, organized on Tuesday in Tunis by the Caisse des Dépôts et Consignations (CDC). TunisianMonitorOnline (NejiMed)

Dabchy, Tunisia’s fashion e-commerce company, raises seven-figure pre-Series A funding round

Tunisian circular fashion marketplace Dabchy has raised a seven-figure USD pre-Series A round of funding led by Janngo Capital, with participation from Renew Capital, Village Capital, and angel investors including Karim Beguir, the founder of InstaDeep. While the exact amount was not disclosed, the funding marks a significant milestone for the growing secondhand fashion platform. Founded in 2016 by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub, Dabchy has built a community of more than 1.3 million users across Tunisia and Egypt, and currently serves more than 10 percent of the…

U.S.-funded initiative to strengthen Tunisia’s entrepreneurial ecosystem

The Promise Project, a U.S.-funded initiative to strengthen Tunisia’s entrepreneurial ecosystem, is bringing Tunisian innovation talent and startups to CES 2025, the most powerful tech event in the world, for the first time, aiming to connect Tunisian entrepreneurs with the U.S. and global startup communities. Organized by the Tunisian American Young Professionals (TAYP), the booth will feature cutting-edge innovations from Tunisian startups in sectors such as AgTech, Energy, Robotics, Smart Cities, and Food Tech. The exhibit will spotlight Tunisia’s dynamic startup ecosystem with special guests and live demonstrations throughout the CES event. Additionally, the program will…

Flouci: financial superapp for individuals, businesses to create free bank account, mobile wallet via smartphone

Anis Kallel is the co-founder and CTO of Flouci (By Kaoun), a Tunisian-based fintech startup working to revolutionise digital banking in Francophone Africa by developing identification, payment and credit solutions tailored to the unbanked and underbanked. Flouci is a financial super-app that allows individuals and businesses to create a free bank account and mobile wallet via smartphone, while accessing a range of financial and government services. Inspired by the potential of technology to reduce barriers to entry for the underbanked and underserved, Flouci is addressing a critical need in a…

Five things to know about Tunisia’s tech and startup ecosystem

Photo Credit The Condia Tunisia, is home to two of Africa’s high-profile exits, Instadeep and Expensya. Yet, not much is known about the country’s tech ecosystem. This article fixes that. Tunisia, Africa’s northernmost country, often flies under the radar in discussions about the continent’s tech and startup ecosystems. You might have heard of Tunisia through the historic exit of InstaDeep, which marked the largest M&A deal in Africa last year. In many ways, InstaDeep epitomises the typical archetype of a Tunisian startup: a deep-tech solution, born in Tunisia, headquartered in the…

Tunisia’s Wattnow closes multi-million dollar funding round

IoT-based smart energy management startup Wattnow has announced the closing of a multi-million dollar funding round to help drive its already impressive growth, Disrupt Africa reported. Founded in 2018 by Issam Smaali, Wattnow helps businesses take control of their energy consumption through the combination of its plug-and-play hardware and software solutions. The startup’s service allows businesses to visualize their energy consumption in real time, control and automate certain loads, and receive alerts and notifications when something goes wrong. The data, captured by smart sensors, is analysed by machine learning engines,…

Fourth edition of INNOVA FOR TUNISIA LAB launched in Tunis

The fourth edition of the ‘LAB INNOVA FOR TUNISIA 2024’ management training project was inaugurated on Monday in Tunis. The event, organised by the ITA/ICE – Italian Agency for Foreign Trade, in collaboration with its training office in Rome, was attended by the Italian Ambassador to Tunis, Alessandro Prunas, and Minister of Communication Technologies, Nizar Ben Néji. At the opening ceremony, Ambassador Prunas underlined the importance of technology and ICTs as areas of development for Italian-Tunisian collaboration, recalling the recent signing of a memorandum to strengthen exchanges and expertise between…

Tunisian startups take part in the Viva Tech trade show in Paris from May 22 to 25

Tunisian startups took part in the Viva Technology (Viva Tech) trade show, an annual event dedicated to technological innovation and start-ups, held from May 22 to 25 in Paris, France, the Ministry of Communication Technologies said in a statement issued on Saturday in Tunis. Tunisia will take part in the event by organizing a pavilion featuring a large number of Tunisian startups operating in various fields, such as smart agriculture, digital learning, artificial intelligence, intelligent transport, environmental technologies and financial technology. The Minister of Communication Technologies, Nizar Ben Neji, who…