Afridigest Week in Review: Millions for micro-payments

+The Mercury Bank saga +A flurry of deals in Egypt +New developments in Wave's Benin & Togo expansion +More M&A +Femtech finds its way +VC Fund math

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! The most clicked link from last week was the ‘Consumer Technology Trends 2022' report from Heartcore. And ICYMI: on Saturday, we published a recap of last month’s key developments & trends,'A fantastic February for tech startups in Africa.' With that said, let’s get into Week 9.

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 9 2022: Feb 27 - March 5