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Just published the Afridigest Week in Review for week 20:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💸" title="Money with wings" aria-label="Emoji: Money with wings"> Smells like money
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Money bag" aria-label="Emoji: Money bag"> AlitheiaIDF & others secured the bag
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎤" title="Microphone" aria-label="Emoji: Microphone"> Is culture Africa’s new oil?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb"> Trendwatch: livestream ecommerce
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📚" title="Books" aria-label="Emoji: Books">+https://abs.twimg.com/emoji/v2/... draggable="false" alt="📺" title="Television" aria-label="Emoji: Television"> Recommendations
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➕" title="Heavy plus sign" aria-label="Emoji: Heavy plus sign"> & more
Read what happened last week. https://afridigest.substack.com/p/afridigest-week-in-review-does-it">https://afridigest.substack.com/p/afridig...
Read what happened last week. https://afridigest.substack.com/p/afridigest-week-in-review-does-it">https://afridigest.substack.com/p/afridig...
• @NovastarV raised $108M in new commitments to its 2nd fund
• Now a big fish, its total capital is +$200M
• Recent investments include @mPharmaHealth, @Sure_Chill, and @maxdotng
• Just don& #39;t call them an impact fund
• Congrats @DrDotun & all
• @AlitheiaIDF secured a $10M commitment from @OpenSociety& #39;s SEDF to invest in SMEs that present an opportunity to promote gender equality
• Congrats @Tolushola & @PoloLeteka
• @vp_fund invested in @TambuaHealth, @FunnelJoy, & Brass
• @FunnelJoy’s model of African-built software to serve primarily US & European customers should be of interest in these times of devaluation
• Well done @kola_aina, @oyewolekay, & team
• Lagos-based @AristokratGroup, best known for discovering @burnaboy, entered into a strategic partnership with @UMG
• Well done @PeediPicasso & team #BuildYourOwnTable #PepperDem https://twitter.com/UMG/status/1259958219503435776">https://twitter.com/UMG/statu...
• This continues the general trend of global interest in African/Nigerian music and for good reason
• Nigeria is the world’s fastest-growing E&M market
• First Nollywood, now Afrobeats
Is culture Africa’s new oil? (cont.)• This continues the general trend of global interest in African/Nigerian music and for good reason• Nigeria is the world’s fastest-growing E&M market• First Nollywood, now Afrobeats https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Thinking face" aria-label="Emoji: Thinking face">" title="https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎤" title="Microphone" aria-label="Emoji: Microphone"> Is culture Africa’s new oil? (cont.)• This continues the general trend of global interest in African/Nigerian music and for good reason• Nigeria is the world’s fastest-growing E&M market• First Nollywood, now Afrobeats https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Thinking face" aria-label="Emoji: Thinking face">" class="img-responsive" style="max-width:100%;"/>
• “We are ready to explore and exploit the ‘new oil.’" —Lai Mohammed, Nigeria& #39;s Minister of Information and Culture
• Seems like the world is also ready to receive Africa& #39;s cultural exports
• Have you heard of & #39;livestreaming e-commerce& #39;?
• It& #39;s a trend currently taking over Asia & it& #39;s probably time to start paying attention to it.
• I& #39;ll cover it more at Afridigest, but for now, here& #39;s an intro https://twitter.com/CGTNGlobalBiz/status/1258337213185589248">https://twitter.com/CGTNGloba...
• From @jpgg, @Airbnb& #39;s first product manager
• "Metrics aren’t just a series of numbers; they should be a reflection of your company vision." https://hbr.org/2020/05/dont-let-a-single-metric-drive-your-business">https://hbr.org/2020/05/d...
• US E-commerce penetration as a percentage of retail sales
• “There are decades where nothing happens, and there are weeks where decades happen.” — Vladimir Lenin
Chart of the Week• US E-commerce penetration as a percentage of retail sales• “There are decades where nothing happens, and there are weeks where decades happen.” — Vladimir Lenin" title="https://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Bar chart" aria-label="Emoji: Bar chart"> Chart of the Week• US E-commerce penetration as a percentage of retail sales• “There are decades where nothing happens, and there are weeks where decades happen.” — Vladimir Lenin" class="img-responsive" style="max-width:100%;"/>
• @lennysan: https://www.lennyrachitsky.com/p/how-the-biggest-consumer-apps-got
•">https://www.lennyrachitsky.com/p/how-the... @JasonNjoku: https://jason.com.ng/pyrrhic-irokotvs-subscriber-base-in-africa-grew-from-2-to-83-in-5-years/
•">https://jason.com.ng/pyrrhic-i... @GavinSBaker: https://medium.com/@gavin_baker/scale-and-loyalty-are-more-important-online-than-offline-which-drives-much-of-the-winner-take-992345be93a9
•">https://medium.com/@gavin_ba... Me: https://afridigest.substack.com/p/the-kings-ransom-waiting-for-african">https://afridigest.substack.com/p/the-kin... .
• @GibsonBiddle & @TobiOtokiti on product strategy https://youtu.be/crmxtkbgsKY
•">https://youtu.be/crmxtkbgs... @obyezeks & others on women& #39;s leadership https://youtu.be/8hE8nAYKwvk
•">https://youtu.be/8hE8nAYKw... @iaboyeji, @JustinStanford, @tolushola, @AmeyaUpadhyay & @ArjunaCosta on VC+Africa https://youtu.be/BKZxh87SAB4 ">https://youtu.be/BKZxh87SA...
• @opeawo on the importance of sales and business development in a tech business
• @pesa_africa on why bank card usage is so low
• @StoneAtwine on why wallets are the future of payments
• @TechCabal’s recap of & #39;Bullish on Africa& #39;
• And don& #39;t forget @dijadontneedya& #39;s hilarious Ikoyi rooster
That& #39;s the Twitter recap of the Substack recap of notable business & innovation happenings across Africa for Week 20, according to me.https://abs.twimg.com/emoji/v2/... draggable="false" alt="😊" title="Smiling face with smiling eyes" aria-label="Emoji: Smiling face with smiling eyes">
Now head to the Week in Review for the details.
And if you& #39;ve read this far: subscribe, retweet, & tell a friend.https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤝" title="Handshake" aria-label="Emoji: Handshake"> https://afridigest.substack.com/p/afridigest-week-in-review-does-it">https://afridigest.substack.com/p/afridig...
Now head to the Week in Review for the details.
And if you& #39;ve read this far: subscribe, retweet, & tell a friend.
