Afridigest Week in Review: It's raining money for Ramani
+Lagos meetup next week +Market exits, layoffs, & a possible delisting +Some of my favorite reads +FTX fallout +South Africa's top apps +Congrats to the new Africa Business Heroes +More
The Afridigest Week in Review is a must-read weekly recap for Africa-focused founders, executives, and investors.
Welcome back, friends! The most clicked link from last week was 'Demystifying financial leverage' from Stripe’s Patrick Mckenzie.And if you missed yesterday’s Fintech Review, it’s available here.
📌 While BNPL has received a lot of attention this year, another innovative form of alternative finance has flown largely under the radar: earned wage access (EWA). EWA platforms operate at the intersection of fintech, payroll tech, and the on-demand economy, and have proliferated worldwide in recent years. To get you up to speed, I published a primer on EWA over the weekend. Take a look & share your thoughts — your feedback is warmly appreciated. Being back in the writer’s seat, I also took the opportunity to play around with Lex, a word processor with AI functionality (thanks, Nathan 🙏🏽) — my first direct foray into the world of 'generative AI.' My reaction: 🤯, very impressive…