Read on Twitter
1/ Here’s a recap of last week’s notable business & innovation events across Africa & beyond
Chipper Cash's raise + Egypt's week + other deals
How to design your company & other strategy reads
News, Podcasts, & Tweets you missed
& more https://afridigest.substack.com/p/afridigest-week-in-review-no-fees
Chipper Cash's raise + Egypt's week + other deals How to design your company & other strategy reads News, Podcasts, & Tweets you missed & more https://afridigest.substack.com/p/afridigest-week-in-review-no-fees
2/
• @ChipperCashApp raised a $13.8M series A
• A "Cash App for Africa", it offers no-fee P2P payments in
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• “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
• @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/
• Chefaa'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
• Chefaa'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'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'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 - time to work https://nipc.gov.ng/2020/06/20/micro-investments-startup-trove-raises-funding-from-3-angel-networks/
• @TroveFinance, a Nigerian micro-investing Robinhood-esque platform, raised an undisclosed amount from angel investor networks @EkoNetwork @sseangels & @DiasporaAngels
• Congrats to @tomisuave & the team
- time to work https://nipc.gov.ng/2020/06/20/micro-investments-startup-trove-raises-funding-from-3-angel-networks/
6/
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 'Mailchimp for SMS marketing'
• @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 'Mailchimp for SMS marketing'
• @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
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
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/
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/
9/
Other things to read/save:
• On building for Africa vs the world. @timigod: https://medium.com/timigod/build-for-the-world-2df4501a9270
• On marketplaces. @sarahtavel: https://medium.com/@sarahtavel/the-hierarchy-of-marketplaces-introduction-and-level-1-983995aa218e
• On strategy. @sriramk: https://sriramk.com/strategy
• On seeing the future. @morganhousel: https://www.collaborativefund.com/blog/same-as-it-ever-was/
Other things to read/save:
• On building for Africa vs the world. @timigod: https://medium.com/timigod/build-for-the-world-2df4501a9270
• On marketplaces. @sarahtavel: https://medium.com/@sarahtavel/the-hierarchy-of-marketplaces-introduction-and-level-1-983995aa218e
• On strategy. @sriramk: https://sriramk.com/strategy
• On seeing the future. @morganhousel: https://www.collaborativefund.com/blog/same-as-it-ever-was/
10/
Speaking of seeing the future, this case study is highly recommended.
(Ask me for a promo code)
https://gum.co/casestudy-wmg
Speaking of seeing the future, this case study is highly recommended.
(Ask me for a promo code)
https://gum.co/casestudy-wmg
11/ Podcasts of the week
@SimShagaya stopped by the @InvestAfrica1 podcast & dropped some gems
https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy8xNjM2ZGIyOC9wb2RjYXN0L3Jzcw/episode/OWY2MGQyMTgtMzJlNi00Y2FlLThiYTYtZDI0ODEzNTVlODE0
Can't listen right now? No worries, my notes are here
https://twitter.com/eajene/status/1273381348192014337
@SimShagaya stopped by the @InvestAfrica1 podcast & dropped some gems
https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy8xNjM2ZGIyOC9wb2RjYXN0L3Jzcw/episode/OWY2MGQyMTgtMzJlNi00Y2FlLThiYTYtZDI0ODEzNTVlODE0Can't listen right now? No worries, my notes are here
https://twitter.com/eajene/status/1273381348192014337
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
@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
13/
Job(s) of the week
• @myAgroFarms is creating alternative savings system for smallholder farmers via mobile - very innovative layaway system
•They're looking for Mali & Senegal Country Directors / General Managers https://www.myagro.org/join-our-team/
Job(s) of the week
• @myAgroFarms is creating alternative savings system for smallholder farmers via mobile - very innovative layaway system
•
They're looking for Mali & Senegal Country Directors / General Managers https://www.myagro.org/join-our-team/
14/
Other cool things last week:
• @TheEIU's report on Fintech in Nigeria was published: https://eiuperspectives.economist.com/financial-services/state-play-fintech-nigeria
• @Sam_Ajadi's GSMA report on digital health came out & it's thoughtful & very well done: https://www.gsma.com/mobilefordevelopment/resources/digital-health-a-health-system-strengthening-tool-for-developing-countries/
(I need an autographed copy, Sam
)
Other cool things last week:
• @TheEIU's report on Fintech in Nigeria was published: https://eiuperspectives.economist.com/financial-services/state-play-fintech-nigeria
• @Sam_Ajadi's GSMA report on digital health came out & it's thoughtful & very well done: https://www.gsma.com/mobilefordevelopment/resources/digital-health-a-health-system-strengthening-tool-for-developing-countries/
(I need an autographed copy, Sam
)
15/
In case you missed this thread on Twitter last week, it's worth a read-through https://twitter.com/LeslieFeinzaig/status/1272975489645207552
In case you missed this thread on Twitter last week, it's worth a read-through https://twitter.com/LeslieFeinzaig/status/1272975489645207552
16/ That's the Twitter recap of Week 25's notable events
Click through to the newsletter for the juicy details & subscribe to get it in your inbox every Monday
If you've read this far & enjoyed it, go back & like and retweet the 1st tweet. Thanks
https://afridigest.substack.com/p/afridigest-week-in-review-no-fees
Click through to the newsletter for the juicy details & subscribe to get it in your inbox every Monday
If you've read this far & enjoyed it, go back & like and retweet the 1st tweet. Thanks
https://afridigest.substack.com/p/afridigest-week-in-review-no-fees
