Afridigest Week in Review: More funding for Egyptian fintech

+17 other fundraises +VC fundraising news +SWVL (finally) goes public +The Indian startup ecosystem +Optimizing for luck +Prevalence of mobile money +A magical text expander +Much more

The Afridigest Week in Review is a must-read weekly recap for Africa-focused founders, executives, and investors, as well as interested observers. Share it liberally. 😊

Welcome back, friends, & good luck in Q2! According to our tracking, Africa-focused startups raised upwards of $1.6B in disclosed equity funding in Q1 2022 — but more on that in Saturday’s newsletter.

The most clicked link from last week was Morgan Housel’s piece on how people think. And thanks to last week’s readers who pointed out that while SendStack isn’t participating in ODX Flexport, it’s still participating in the ODX accelerator. With that said, let’s get into Week 13.

If you’re new, welcome 🙌 — you’ll receive a weekly digest like this one every Monday and, generally (but not always), an original essay/article on Saturdays. For past essays and digests, visit the archive.

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