Afridigest Week in Review: Cash for cards

+Startup spotlight: Egypt's ON Market +Flutterwave's board turns a blind eye? +Sabi's secret Series A? +The UX opportunity for neobanks +Partech, Cathay-AfricInvest, & Tofino eye new funds +More

The Afridigest Week in Review is a must-read weekly recap for Africa-focused founders, executives, and investors, as well as interested observers. Glad to have you here. 😊

Welcome back, friends! The most clicked link from last week was the a16z article on raising debt for startups. This week we bring the startup of the week back from a long hiatus with a look at the grocery delivery sector in Egypt.

With that said, let’s get into Week 16’s newsletter — it’s a long, comprehensive one, so thanks in advance for sharing with your colleagues and across your social platforms. 🙏🏽

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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Week 16 2022: April 17-23