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! As promised, we’re back to your regular weekly schedule and the most clicked link from last week was a16z’s framework for navigating down markets. (And thanks to those of you that reached out, it’s much appreciated 🙏🏽)
Seems like last week, the general chatter across various startup ecosystems worldwide involved the market downturn. Paraphrasing YC in its leaked letter to founders, “No one can predict how bad things will get, but they don’t look good“ — more on that in the newsletter below. And with that said, let’s get into Week 20.
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.