Afridigest Week in Review: Disposable income is dead
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.
📌 Happy new month and best of luck in the second half of the year, folks. ✨ Keep an eye out: Later this week, Afridigest will publish both the H1 2024 Africa Fintech Update and the first Afridigest Startup Spotlight.
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On to the highlights of the week:
• Four financing transactions totaling over $8M in disclosed funding were announced
• In brief: A look at the top corridors for emigration out of Africa. How economic shocks in Nigeria are affecting households & businesses in the country. Apps aren’t a magic solution to Africa’s underdevelopment.
• Organizations appearing in today’s Week in Review: Orange, Connect Money, Farm to Feed, & others.
• Executives appearing: The Center for Global Development’s W. Gyude Moore, Salient Advisory’s Somto Chloe Keluo-Udeke, African Leadership Group’s Fred Swaniker, EBANX’s Joao De Valle, Superbalist’s Luke Jedeikin and Claude Hanan, UM6P Ventures’ Yassine Laghzioui, Wasoko’s Daniel Yu, & others.
And with that said, let’s get into it.
🚨 Calling early-stage Africa-focused tech startups: Apply to be featured in the Afridigest Startup Spotlight. 🚨
Week 26 2024: June 23-29
🧭 Fundraising Tracker