Fintech Snacks 🍿 | July 9 2023
My job is to make sure your reading list on African fintech is lit 🔥
Hey peeps,
A warm welcome to all new and old subscribers to Fintech Snacks 🍿,
Each week, I’ll round up three of my favourite fintech articles, reports, podcasts, webinars etc., that explore a trending topic in Africa’s fintech scene. No deep analysis here; just serving you a list of recommended reads that’ll help you sort through the noise.
Here’s what I got up to this week 👇🏾:
#1: 💵 African tech funding in May by Africa: The Big Deal
I love the mini-posts Max and his team put together monthly, summarizing key funding trends across Africa’s tech ecosystem. Kudos to them 🍻
African startups attracted $645m in May, which was 50% higher than the same period last year (May 2022). A bit of relief from March when we recorded a jaw-dropping MOM slump from $700m in February to $70m in March (yikes!)
All exciting news, but certainly not the crystal ball we need to tell us whether we’re out of the funding winter for good.
#2: 🌍 McKinsey’s Reimagining economic growth in Africa Report
First off, McKinsey be looking real clutch. This report was way more compact and visually appealing than the typical wordy McKinsey report.
By 2050, the Motherland will be home to the largest and youngest population globally.
Africa’s problem has never been birthing babies. Our problem has been training them and making them employable 😬. Ed-tech to the rescue?
#3: 🇳🇬 Fintech Food - The Future of Money
Y’all know I don’t play with my Fintech Food subscription, lol.
Simon doesn’t do snacks; he dishes three-course meals. His posts are super lengthy, but the analysis is well-thought-out, and he always goes deep on the subject matter.
In this post, he explores what the future of money may look like. An obvious question but one that busy fintech operators often don’t have the time to ponder.
Mindblowing discoveries:
You need to stop whatever it is you’re doing and order a Chocolate Chunk Banana bread from Gourmet Twist. I gave into the hype and tried it out for the first time last week, and my life has never been the same. Enough said.
Catch ya next week!
Nchy 😊