Afridigest Month in Review: May recap + Gro Intelligence's goodbye
Afridigest is your intelligent guide to tech in Africa. The Afridigest Week in Review helps you stay in the know about what happened in Africa Tech last week.
📌 ICYMI, here are the links to our coverage of March and April. The next edition will cover the first half of June and we’ll be back to our regular weekly coverage after that. Thanks for reading 🙏🏽
On to May’s highlights:
• Thirty-one debt & equity financing transactions totaling over $170M in disclosed funding were announced in the month
• News of the month: 1) Gro Intelligence shut down. 2) Amazon officially launched in South Africa. 3) The FT released its 2024 ranking of Africa’s fastest growing companies.
• Organizations appearing in today’s Week in Review: Gro Intelligence, Copia, iProcure, M-Kopa, Spiro, Flat6Labs, LoftyInc Capital, Orange Ventures, and others
• Executives appearing: McKinsey’s Acha Leke, Algebra Ventures' Karim Hussein, Partech Africa’s Tidjane Deme, Launch Africa’s Janade du Plessis, Adaverse’s Vincent Li, Beem’s Taha Jiwaji, Selar’s Douglas Kendyson, Sprints’ Bassam Sharkawy, Seamfix’s Chimezie Emewulu, Andrea Pollio, and more.
And with that said, let’s get into it.
May 1-31, 2024
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