The Egyptian Appetito acquires Lamma to expand into new markets. 2 other stories and a quiz


This list of stories will help you find out about the latest happenings in the tech world today

1. Egyptian Appetito acquires Lamma to expand into new markets

An Egyptian Q-commerce platform created 2 years ago, Appetito announced the acquisition of Lamma to expand into the Maghreb regions of Tunisia and Morocco.

Shehab Mokhtar, chief executive of Appetito, confirmed the acquisition in a statement on Tuesday.

Although Shehab did not reveal the cost of the deal, sources familiar with the deal speculated that the deal could be between $10 million and $15 million.

The Cairo-based startup offers baked goods, groceries, and a wide selection of snacks.

The acquired company was started as a carpooling service two years ago in Tunisia by Yassir El Ismaili El Idrissi, Hamza Guesmi and Koussi Aymen.

Mokhtar, while commenting on the recent acquisition, said:

“I am thrilled to welcome unparalleled talent and like-minded entrepreneurs into our family. We believe now is the best time to expand into Africa to solve the huge retail supply chain inefficiencies.

“Having Lamma on board will put us on track to become the biggest q-commerce player on the continent, transforming the lives of millions and creating thousands of direct and indirect jobs.”

Tech Trivia: The structure and formatting of a programming language is also called what?
A pseudo code
Syntax B
C Functionality
D Top-down design
Answer: see end of post

2. South African app-based startup Talk360 secures $4m seed round

A South African app-based startup, Talk360, has secured R64 million ($4 million) in seed funding.

Also read: London-based fintech start-up Twig acquires Mobi Market for £8m

The fundraiser was led by African venture capital investor, HAVAÍC.

Talk360 co-founder and chief executive Dean Hiine confirmed the development in a statement Wednesday.

According to Dean, 4Di Capital and many top fintech angel investors like Gaston Aussems, Robert Kraal, Gabriel de Montessuss and Marnix van der Ploeg participated in the round.

International calling app allows people to make international calls through its app.

Talk360 was co-founded in 2016 by South African entrepreneur Dean Hiine, alongside Dutch entrepreneurs Hans Osnabrugge and Jorne Schamp.

Speaking on the development, Dean said:

“From the start, our mission was to bridge distances and connect lives by offering reliable, affordable and easy-to-use digital services, delivered in a localized way to all communities, especially emerging countries, so that they can connect to the world.

“We now have enough traction to attract world-class investors to expand our footprint and enable other businesses to use our one-stop payment platform for all of Africa.”

Talk360 has offices in South Africa, the Netherlands, India and Nigeria and plans to expand into other markets with the new fund.

3. Vodacom’s cloud solutions provider Nexio Partners, Poprush Cloud & Consulting

A South African subsidiary of Vodacom Group Limited, Nexio, has announced an exclusive partnership with a differentiated cloud solutions provider, Poprush Cloud & Consulting.

Nexio CEO Mickey Mashale confirmed the latest partnership in a statement on Wednesday, noting that it will help increase companies’ resources.

Nexio, which is a subsidiary of Vodacom Group LTD, accelerates digital transformation processes to improve operations and customer experience.

Poprush, according to local media, is a Johannesburg-based cloud solutions provider offering next-generation services and solutions to all types and sizes of businesses.

Founded by Basha Pillay in 2021, the startup also focuses on empowering black women.

Speaking about the new partnership, Basha said:

“Poprush, an emerging black-owned company, provides niche capabilities and skills to the various major cloud providers in an innovative and distinguished way.

“As Nexio, we see the alignment of our business as part of our enterprise and development agenda, to help emerging businesses grow.

“As such, we have incorporated Poprush into our program as a business development partner and supplier and will use their skills and abilities to further enhance our own while offering different forms of business development initiatives. leveraging the strength of our balance sheet.”

Trivial answer: syntax

Every spoken language has a general set of rules for how words and sentences should be structured. These rules are collectively known as the syntax of the language. In computer programming, syntax serves the same purpose, defining how declarations, functions, commands, and other statements should be organized.

Many computer programming languages ​​share similar syntax rules, while others have a unique syntax design. For example, C and Java use a similar syntax, while Perl has many features that are not present in C or Java languages.

By Kayode Hamsat

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