1/ Here’s a recap of last week’s notable business & innovation events across Africa & beyond
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💸" title="Geld mit Flügeln" aria-label="Emoji: Geld mit Flügeln"> Chipper Cash& #39;s raise + Egypt& #39;s week + other deals
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏗️" title="Gebäude im Bau" aria-label="Emoji: Gebäude im Bau"> How to design your company & other strategy reads
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📰" title="Zeitung" aria-label="Emoji: Zeitung"> News, Podcasts, & Tweets you missed
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➕" title="Fettes Pluszeichen" aria-label="Emoji: Fettes Pluszeichen"> & more https://afridigest.substack.com/p/afridigest-week-in-review-no-fees">https://afridigest.substack.com/p/afridig...
2/
• @ChipperCashApp raised a $13.8M series A
• A "Cash App for Africa", it offers no-fee P2P payments in
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇳🇬" title="Flagge von Nigeria" aria-label="Emoji: Flagge von Nigeria">,
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇰🇪" title="Flagge von Kenia" aria-label="Emoji: Flagge von Kenia">,
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇿🇦" title="Flagge von Südafrika" aria-label="Emoji: Flagge von Südafrika">,
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇬🇭" title="Flagge von Ghana" aria-label="Emoji: Flagge von Ghana">,
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇺🇬" title="Flagge von Uganda" aria-label="Emoji: Flagge von Uganda">,
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇹🇿" title="Flagge von Tansania" aria-label="Emoji: Flagge von Tansania">,&
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇷🇼" title="Flagge von Ruanda" aria-label="Emoji: Flagge von Ruanda">
• “We’re now at over 1.5 million users and doing over a $100 million dollars a month in volume”
• Congrats to @HSerunjogi, @DrJid & team
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🥂" title="Anstoßende Gläser" aria-label="Emoji: Anstoßende Gläser">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💪" title="Angespannter Bizeps" aria-label="Emoji: Angespannter Bizeps">
• @ChipperCashApp raised a $13.8M series A
• A "Cash App for Africa", it offers no-fee P2P payments in
• “We’re now at over 1.5 million users and doing over a $100 million dollars a month in volume”
• Congrats to @HSerunjogi, @DrJid & team
3/
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇪🇬" title="Flagge von Ägypten" aria-label="Emoji: Flagge von Ägypten">
• Chefaa& #39;s raised a 7 figure pre-Series A round
• Zedny raised a $1.2M pre-seed round
• Sakneen raised $150k from @ycombinator
Congrats to @idoaaaref, @irasharady, @BasilKhattab, @RamyKhorshed, & their teams
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🥂" title="Anstoßende Gläser" aria-label="Emoji: Anstoßende Gläser">
Strong showing for Egypt so far in 2020 overall
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💪" title="Angespannter Bizeps" aria-label="Emoji: Angespannter Bizeps">
• Chefaa& #39;s raised a 7 figure pre-Series A round
• Zedny raised a $1.2M pre-seed round
• Sakneen raised $150k from @ycombinator
Congrats to @idoaaaref, @irasharady, @BasilKhattab, @RamyKhorshed, & their teams
Strong showing for Egypt so far in 2020 overall
4/
• @PayGo_Energy developed hardware for cooking gas, allowing for pay-as-you-go models & gas-as-a-service
• @Saisan_PR liked it so they made a strategic investment & PayGo& #39;s smart meter will soon be deployed across Asia
• "Reverse innovation" ➠ From Africa to the world
• @PayGo_Energy developed hardware for cooking gas, allowing for pay-as-you-go models & gas-as-a-service
• @Saisan_PR liked it so they made a strategic investment & PayGo& #39;s smart meter will soon be deployed across Asia
• "Reverse innovation" ➠ From Africa to the world
5/
• @TroveFinance, a Nigerian micro-investing Robinhood-esque platform, raised an undisclosed amount from angel investor networks @EkoNetwork @sseangels & @DiasporaAngels
• Congrats to @tomisuave & the team
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🥂" title="Anstoßende Gläser" aria-label="Emoji: Anstoßende Gläser"> - time to work
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💪" title="Angespannter Bizeps" aria-label="Emoji: Angespannter Bizeps"> https://nipc.gov.ng/2020/06/20/micro-investments-startup-trove-raises-funding-from-3-angel-networks/">https://nipc.gov.ng/2020/06/2...
• @TroveFinance, a Nigerian micro-investing Robinhood-esque platform, raised an undisclosed amount from angel investor networks @EkoNetwork @sseangels & @DiasporaAngels
• Congrats to @tomisuave & the team
6/
Busy week, including funds raised by:
• @planet42_int, an Estonian vehicle financing provider that operates in
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇿🇦" title="Flagge von Südafrika" aria-label="Emoji: Flagge von Südafrika">
• @CongoNuru, an off-grid solar company in DRC
• @Mobiz_RSA, a South African & #39;Mailchimp for SMS marketing& #39;
• @GETITRwanda, a Rwandan food distributor
Busy week, including funds raised by:
• @planet42_int, an Estonian vehicle financing provider that operates in
• @CongoNuru, an off-grid solar company in DRC
• @Mobiz_RSA, a South African & #39;Mailchimp for SMS marketing& #39;
• @GETITRwanda, a Rwandan food distributor
7/
Read of the week
• This paper from @KevinJBoudreau that applies academic research to startups and tells you how to design a company
• "Strategy is about overall patterns or combinations of decisions throughout the value chain..."
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2784718">https://papers.ssrn.com/sol3/pape...
Read of the week
• This paper from @KevinJBoudreau that applies academic research to startups and tells you how to design a company
• "Strategy is about overall patterns or combinations of decisions throughout the value chain..."
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2784718">https://papers.ssrn.com/sol3/pape...
8/ Read of the week 2
Want to transform your (board) meetings? Be Like Bezos
• This article from @ttunguz gives the keys to the kingdom for more strategic, more effective & shorter board meetings
(Also applicable to non-board meetings w/ minor tweaks) https://tomtunguz.com/written-board-meetings/">https://tomtunguz.com/written-b...
Want to transform your (board) meetings? Be Like Bezos
• This article from @ttunguz gives the keys to the kingdom for more strategic, more effective & shorter board meetings
(Also applicable to non-board meetings w/ minor tweaks) https://tomtunguz.com/written-board-meetings/">https://tomtunguz.com/written-b...
9/
Other things to read/save:
• On building for Africa vs the world. @timigod: https://medium.com/timigod/build-for-the-world-2df4501a9270
•">https://medium.com/timigod/b... On marketplaces. @sarahtavel: https://medium.com/@sarahtavel/the-hierarchy-of-marketplaces-introduction-and-level-1-983995aa218e
•">https://medium.com/@sarahtav... On strategy. @sriramk: https://sriramk.com/strategy
•">https://sriramk.com/strategy&... On seeing the future. @morganhousel: https://www.collaborativefund.com/blog/same-as-it-ever-was/">https://www.collaborativefund.com/blog/same...
Other things to read/save:
• On building for Africa vs the world. @timigod: https://medium.com/timigod/build-for-the-world-2df4501a9270
•">https://medium.com/timigod/b... On marketplaces. @sarahtavel: https://medium.com/@sarahtavel/the-hierarchy-of-marketplaces-introduction-and-level-1-983995aa218e
•">https://medium.com/@sarahtav... On strategy. @sriramk: https://sriramk.com/strategy
•">https://sriramk.com/strategy&... On seeing the future. @morganhousel: https://www.collaborativefund.com/blog/same-as-it-ever-was/">https://www.collaborativefund.com/blog/same...
10/
Speaking of seeing the future, this case study is highly recommended.
(Ask me for a promo code)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern"> https://gum.co/casestudy-wmg ">https://gum.co/casestudy...
Speaking of seeing the future, this case study is highly recommended.
(Ask me for a promo code)
11/ Podcasts of the week
@SimShagaya stopped by the @InvestAfrica1 podcast & dropped some gems
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💎" title="Edelstein" aria-label="Emoji: Edelstein">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💎" title="Edelstein" aria-label="Emoji: Edelstein">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💎" title="Edelstein" aria-label="Emoji: Edelstein">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎧" title="Kopfhörer" aria-label="Emoji: Kopfhörer">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy8xNjM2ZGIyOC9wb2RjYXN0L3Jzcw/episode/OWY2MGQyMTgtMzJlNi00Y2FlLThiYTYtZDI0ODEzNTVlODE0
Can& #39;t">https://podcasts.google.com/feed/aHR0... listen right now? No worries, my notes are here
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten"> https://twitter.com/eajene/status/1273381348192014337">https://twitter.com/eajene/st...
@SimShagaya stopped by the @InvestAfrica1 podcast & dropped some gems
Can& #39;t">https://podcasts.google.com/feed/aHR0... listen right now? No worries, my notes are here
12/ Podcasts of the week 2
@AndrewKuper on the @ImpactAlpha podcast:
“We have every reason to believe that the thesis of investing in companies serving emerging consumers is going to amplify in the coming years, especially taking digital into account” https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLnNvdW5kY2xvdWQuY29tL3VzZXJzL3NvdW5kY2xvdWQ6dXNlcnM6MTkxNzQzMjcyL3NvdW5kcy5yc3M/episode/NjBkYmUxNWYtM2Y1Yi00ZTY1LTk5NjMtMTllMTFmNzJiZTQy?ved=0CAkQzsICahcKEwiop7SThpXqAhUAAAAAHQAAAAAQCg">https://podcasts.google.com/feed/aHR0...
@AndrewKuper on the @ImpactAlpha podcast:
“We have every reason to believe that the thesis of investing in companies serving emerging consumers is going to amplify in the coming years, especially taking digital into account” https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLnNvdW5kY2xvdWQuY29tL3VzZXJzL3NvdW5kY2xvdWQ6dXNlcnM6MTkxNzQzMjcyL3NvdW5kcy5yc3M/episode/NjBkYmUxNWYtM2Y1Yi00ZTY1LTk5NjMtMTllMTFmNzJiZTQy?ved=0CAkQzsICahcKEwiop7SThpXqAhUAAAAAHQAAAAAQCg">https://podcasts.google.com/feed/aHR0...
13/
Job(s) of the week
• @myAgroFarms is creating alternative savings system for smallholder farmers via mobile - very innovative layaway system
•
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">They& #39;re looking for Mali & Senegal Country Directors / General Managers https://www.myagro.org/join-our-team/ ">https://www.myagro.org/join-our-...
Job(s) of the week
• @myAgroFarms is creating alternative savings system for smallholder farmers via mobile - very innovative layaway system
•
14/
Other cool things last week:
• @TheEIU& #39;s report on Fintech in Nigeria was published: https://eiuperspectives.economist.com/financial-services/state-play-fintech-nigeria
•">https://eiuperspectives.economist.com/financial... @Sam_Ajadi& #39;s GSMA report on digital health came out & it& #39;s thoughtful & very well done: https://www.gsma.com/mobilefordevelopment/resources/digital-health-a-health-system-strengthening-tool-for-developing-countries/
(I">https://www.gsma.com/mobilefor... need an autographed copy, Sam
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😀" title="Grinsendes Gesicht" aria-label="Emoji: Grinsendes Gesicht"> )
Other cool things last week:
• @TheEIU& #39;s report on Fintech in Nigeria was published: https://eiuperspectives.economist.com/financial-services/state-play-fintech-nigeria
•">https://eiuperspectives.economist.com/financial... @Sam_Ajadi& #39;s GSMA report on digital health came out & it& #39;s thoughtful & very well done: https://www.gsma.com/mobilefordevelopment/resources/digital-health-a-health-system-strengthening-tool-for-developing-countries/
(I">https://www.gsma.com/mobilefor... need an autographed copy, Sam
15/
In case you missed this thread on Twitter last week, it& #39;s worth a read-through https://twitter.com/LeslieFeinzaig/status/1272975489645207552">https://twitter.com/LeslieFei...
In case you missed this thread on Twitter last week, it& #39;s worth a read-through https://twitter.com/LeslieFeinzaig/status/1272975489645207552">https://twitter.com/LeslieFei...
16/ That& #39;s the Twitter recap of Week 25& #39;s notable events
Click through to the newsletter for the juicy details & subscribe to get it in your inbox every Monday
If you& #39;ve read this far & enjoyed it, go back & like and retweet the 1st tweet. Thanks
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙌🏽" title="Raising hands (mittlerer Hautton)" aria-label="Emoji: Raising hands (mittlerer Hautton)"> https://afridigest.substack.com/p/afridigest-week-in-review-no-fees">https://afridigest.substack.com/p/afridig...
Click through to the newsletter for the juicy details & subscribe to get it in your inbox every Monday
If you& #39;ve read this far & enjoyed it, go back & like and retweet the 1st tweet. Thanks