An expense management startup co-founded by Jouini and Othmani, known for its significant acquisition by Medius.
Funding is flowing North, and Enza Capital is paying closer attention
In 2024, Egypt recorded a 48% increase in equity deal activity compared to 2023. Morocco raised over $50 million, becoming the sixth most active African country in equity deals.
From Idea to Exit: African Founders Who Sold Their Startups (And How They Did It)
Between 2012 and 2022, 190 acquisitions occurred in Africa's tech ecosystem. Fintech led funding in 2024, securing over $1 billion.
Show me the money: The need for transparency in African tech exits
Paystack, InstaDeep, and Expensya are highlighted as notable exits in the African tech ecosystem. CreditChek's acquisition of CreditCliq and Bankly's acquisition by C-One Ventures are mentioned as recent deals lacking disclosed figures.
Karim Jouini Returns to Tech Scene with Thunder Code, a Revolutionary AI-Powered Software Testing Platform
Karim Jouini and Jihed Othmani have launched Thunder Code, a generative AI-driven software testing platform. The startup has secured $9 million in seed funding.
One of Africa’s most successful founders is back with a new AI startup and already raised $9M
Karim Jouini and Jihed Othmani sold Expensya to Medius in a notable acquisition for over $120 million. The founders vowed to avoid future startups but were drawn back by the potential of generative AI.
