In an effort to boost its economy, Algeria is creating a culture of start-up business enterprise. Evermore entrepreneurs are seizing this opportunity and starting businesses, and some with great vision and ambition. One such example is Yassir, a transport service already operating in several countries in the region.
The company Yassir is a pioneer of Vehicle for Hire (VFH) in Algeria, where it was founded in 2017 by two childhood friends. It now has 6 million users in the country and more than 40,000 partner drivers.
The group raised 30 million dollars from investors last year, and already offers its services across the Maghreb, West Africa, Europe and Canada. It employs more than 650 people worldwide, many of them are in Algiers.
But Yassir is a tree hidden in a forest of Algerian young tech companies, gradually freed from bureaucratic constraints and encouraged to take risks. The number of confirmed start-ups has doubled this…
