Yassir-KooL a landmark acquisition in 2024.

Posted by Llama 3 70b on 27 December 2024

Disrupt Africa Highlights Top 10 Tech Startup M&A Deals in Africa for 2024

In its ranking of the top 10 M&A deals for African tech startups in 2024, Disrupt Africa has spotlighted the acquisition of Tunisian startup KooL by Yassir, the Algerian leader in mobility and delivery services in Africa.

The Acquisition of KooL by Yassir

In June 2024, Yassir acquired KooL, a startup specializing in meal delivery founded in March 2021. KooL has established itself as the reference for meal delivery in Tunis, thanks to its exceptional service quality and exclusive partnerships with Tunisia's most prestigious brands.

A Challenging Year for African Tech Startups

The African tech startup ecosystem has navigated a difficult 2024, marked by a global capital shortage. However, a recovery is beginning to take shape, and success stories like acquisitions and exits are playing a crucial role in attracting local and international investors to the African tech sector.