Business
In-depth reporting on African markets, startups, investments, and economic trends.
SpaceX Convinced $117M Worth of Ordinary People to Fund Its Future. How Exactly Did This Happen?
SpaceX Convinced $117M Worth of Ordinary People to Fund Its Future. How Exactly Did This Happen?Retail investors poured $117.6 million into SpaceX on its first trading day, more than any IPO since 2018. What is the behavioral and financial architecture that made that possible?
By Owobu Maureen•2 days agoEconomy/Finance
Startup
Only Four African Countries Qualified for Toshiba's New Startup Initiative. Here's Why

Only Four African Countries Qualified for Toshiba's New Startup Initiative. Here's Why

Only four African countries qualified for Toshiba’s new GridDB Startup Program. Discover why Nigeria, Kenya, Egypt, and South Africa made the list and what the other 50 countries need to close the infrastructure gap.

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article source iconZAINAB BAKARE
Startup
EmergingTech Ventures Secures Landmark Funding For New Fund

EmergingTech Ventures Secures Landmark Funding For New Fund

Proparco has made a cornerstone investment in EmergingTech Ventures Fund II, a new $60-80 million fund managed by Morocco-based EmTech Capital. This fund targets early-stage technology startups in Francophone Africa, aiming to bridge funding gaps and accelerate growth in critical sectors. The investment highlights increasing interest in local venture capital managers across the region.
David Isong
Paystack Unleashes Powerful New Program to Propel Nigerian Small Businesses

Paystack Unleashes Powerful New Program to Propel Nigerian Small Businesses

Paystack has launched a comprehensive Small Business Programme in Nigeria, designed to empower merchants with crucial tools, services, and funding support. Beginning with a 'Small Business Bundle' offering significant discounts from partners, the initiative reflects a strategic shift by payment companies towards holistic merchant enablement beyond transaction processing, addressing key needs for growth and operational efficiency.
David Isong
Six Legendary African Business Deals That Paid Off

Six Legendary African Business Deals That Paid Off

A legendary deal is never just about the numbers. It’s about knowing what something is worth, before the world does.
Ibukun Oluwa
Street Smarts to Startups: Africa’s Informal Hustlers Are Evolving Into Entrepreneurs

Street Smarts to Startups: Africa’s Informal Hustlers Are Evolving Into Entrepreneurs

From street corners to thriving startups, Africa’s street-smart hustlers are transforming survival skills into structured businesses and economic impact.
Adedoyin Oluwadarasimi
Economy/Finance
SpaceX Convinced $117M Worth of Ordinary People to Fund Its Future. How Exactly Did This Happen?

SpaceX Convinced $117M Worth of Ordinary People to Fund Its Future. How Exactly Did This Happen?

Retail investors poured $117.6 million into SpaceX on its first trading day, more than any IPO since 2018. What is the behavioral and financial architecture that made that possible?

Read More ( 8 min. read)→
article source iconOWOBU MAUREEN
Economy/Finance
Your Savings Fund Billion-Naira Corporate Loans, And You Get Almost Nothing Back

Your Savings Fund Billion-Naira Corporate Loans, And You Get Almost Nothing Back

Nigeria's biggest banks hold nearly N90 trillion in customer deposits. But for every N1 they lend to individual Nigerians, corporations collect N10. A data analysis of 2025 annual reports from Nigeria's four biggest banks shows retail customers supply up to 47% of deposits but receive less than 14% of credit disbursed. Here is what the numbers mean.
Owobu Maureen
How Africa’s Tech-Savvy Youth Are Transforming the Job Market Through Remote Work

How Africa’s Tech-Savvy Youth Are Transforming the Job Market Through Remote Work

Africa’s youth are leading a remote work boom, reshaping job markets with tech skills and innovation. Here’s how they’re building a digital-first future.
Adedoyin Oluwadarasimi
Bitter Harvest: Why West Africa’s Cocoa Output Is Falling

Bitter Harvest: Why West Africa’s Cocoa Output Is Falling

West Africa, led by Ivory Coast and Ghana, is facing a cocoa production crisis. These nations, once producing over 2 million tonnes of cocoa each season, are now seeing a sharp decline. A 10% decline in the 2025/26 harvest is forecasted, signaling a crisis in cultures, climates, and economies. Factors like rising temperatures, aging trees, diseases, illegal gold mining, and youth leaving farms for cities are contributing to this decline.
Olajide Ayodokun Felix
Morocco’s Green Data Vision: Powering Sovereignty Through Wind, Sun, and Strategy

Morocco’s Green Data Vision: Powering Sovereignty Through Wind, Sun, and Strategy

Morocco plans to build a 500-megawatt data center in Dakhla powered entirely by green energy (wind and solar). This project aligns with Morocco's Digital Morocco 2030 roadmap, emphasizing digital sovereignty, using local renewable resources, and reducing reliance on imported energy. The initiative positions Morocco as a regional hub for digital infrastructure in West Africa, prioritizing local control over data.
Olajide Ayodokun Felix
Crypto
MicroStrategy Meltdown: MSTR Stock Hits Two-Year Low as Bitcoin Sinks

MicroStrategy Meltdown: MSTR Stock Hits Two-Year Low as Bitcoin Sinks

Strategy Inc. (MSTR) shares have plunged to a two-year low, eroding over 80% of their value, as Bitcoin's price collapses below $60,000, triggering billions in unrealized losses for the company. Amidst growing financial strain from surging dividend obligations and dwindling cash reserves, CryptoQuant has urged Strategy to halt Bitcoin purchases. This raises questions about the viability of its investment model in a reversed market.

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article source iconDAVID ISONG
Crypto
Bitcoin Bloodbath: Price Plummets Below $60K, Market Panic Grips Crypto

Bitcoin Bloodbath: Price Plummets Below $60K, Market Panic Grips Crypto

Bitcoin has plunged, erasing over half its value since October 2025, driven by shifting Federal Reserve expectations, significant ETF outflows, and competition from AI. This sharp decline has heavily impacted corporate holders like Strategy and Strive, although some analysts foresee a potential market bottom supported by recent ETF inflows and continued institutional buying.
David Isong
Zcash Defies Logic: Most Shorted Crypto Asset Hints at Bullish Reversal

Zcash Defies Logic: Most Shorted Crypto Asset Hints at Bullish Reversal

Zcash is attracting attention from traders due to its status as one of the most heavily shorted major cryptocurrencies. Despite recent price drops and prevailing bearish sentiment, extreme short interest could create conditions for an explosive short squeeze, presenting a unique contrarian opportunity.
David Isong
XRP Ledger Unleashes Native Loans & Yields: Ripple Executive Confirms Game-Changing Launch

XRP Ledger Unleashes Native Loans & Yields: Ripple Executive Confirms Game-Changing Launch

A new generation of lending and yield products is coming to the XRP Ledger, confirmed by a top Ripple executive. The SOIL protocol plans to be the first to integrate the XRPL Lending Protocol, aiming to introduce innovative loan services and yield-generation opportunities on the expanding network. This development is set to significantly broaden XRPL's DeFi use cases.
David Isong
Beyond Bitcoin: A Beginner's Guide to the Coins You'll See on Every Crypto Trading App

Beyond Bitcoin: A Beginner's Guide to the Coins You'll See on Every Crypto Trading App

New to crypto trading apps? Here’s a beginner-friendly guide to the major coins beyond Bitcoin—from Ethereum and Solana to XRP, BNB, and stablecoins—and what they actually do in the crypto ecosystem.
Zainab Bakare
Career
Skills African Youth Need to Succeed in Today’s Job Market

Skills African Youth Need to Succeed in Today’s Job Market

Discover the essential technical and soft skills African youth need to thrive in today’s evolving job market. Learn how education, mentorship, and entrepreneurship are shaping future-ready careers across the continent

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article source iconADEDOYIN OLUWADARASIMI
Career
Career Moves to Make in Q3: Insights from African Recruiters To Boost Job Search

Career Moves to Make in Q3: Insights from African Recruiters To Boost Job Search

Unlock your career potential this Q3 with insider tips from top African recruiters; discover the skills, sectors, and strategies hiring now.
Owobu Maureen
How to Network Without Feeling Fake

How to Network Without Feeling Fake

This piece redefines networking as a practice rooted in curiosity, generosity, and mutual respect, sharing stories from Lagos to GitHub of professionals who’ve turned connection-building into something authentic. From active listening to giving before you receive, it offers a blueprint for creating meaningful relationships that help you grow — without ever feeling like you’re “using” people.
Eric Namso
The World's Unfinished Classroom: Confronting the Global Education Crisis

The World's Unfinished Classroom: Confronting the Global Education Crisis

From widening achievement gaps to outdated curricula, the global educational system is struggling. This article exposes the systemic failures leaving generations unprepared and the urgent need for a learning revolution.
Emmanuel Okoye
The Pace of Progress: Why Education Lags Behind the Tech Revolution

The Pace of Progress: Why Education Lags Behind the Tech Revolution

While other sectors sprint ahead with digital transformation, global education remains largely unchanged. This article explores the deep-seated reasons for its slow evolution, comparing its inertia to the dynamic shifts seen elsewhere.
Emmanuel Okoye