From Promoting Economic Pluralism
In July, when Nigerian agritech startup Winich Farms shared its quarterly financial report with stakeholders, it reported all the figures twice. One version used the old official currency rate of …
Nigeria’s currency devaluation is a disaster for startups Read More
When Edmund Ekott, a Nigerian front-end developer, decided to relocate to Germany in 2022, he had to deal with an exasperating immigration process. He went through a prolonged back-and-forth with …
New visa programs spark brain drain fears across Africa Read More
Tom Neumark shares the value of giving where terms and conditions don’t apply. Having recently gone blind, Beatrice was not able to see her grandson’s diarrhoea on the packed-dirt floor …
Helping hand outs Read More
Lebohang Liepollo Pheko is a South African activist academic who was one of the non-Europeans invited to speak at the recent Beyond Growth conference in the European Parliament. This conference …
Beyond the pale? Read More
Lagos, Nigeria – Last Friday Nigeria’s new President Bola Tinubu suspended the country’s Central Bank Governor Godwin Emefiele. On Saturday, Nigeria’s secret police confirmed the erstwhile top banker has been arrested …
How Emefiele, Nigeria’s powerful central bank chief lost his seat Read More
Solomon Owa’s fingers work quickly as he speaks over the hum of his sewing machine. That’s because the hum of his sewing machine might stop at any moment. “In a …
Africa’s Richest City Is Crumbling Under Chaos and Corruption Read More
Ilorin, Nigeria – On Monday, as Nigeria’s president-elect Bola Tinbu is sworn into office, Olusegun Badmus will be one of several million people watching. But for the 57-year-old bus driver …
Nigerians look to president-elect Tinubu for economic turnaround Read More
Amid waning consumer trust and regulatory pushbacks, African crypto startups are dealing with the lack of venture dollars needed to gain competitive advantage against local and global counterparts. Chiamaka, a …
Africa fell in love with crypto. Now, it’s complicated Read More
The International Monetary Fund wants Egypt to enact more of the reforms that Cairo has committed to before it conducts the first review of the country’s $3bn rescue package, Bloomberg …
IMF wants Egypt to make reforms before bailout review: Report Read More
In January 2022, Peter Mwanzo, a senior Nairobi police officer, became a high-profile victim of mobile money fraud. Scammers replaced his SIM card remotely, transferred 597,100 Kenyan shillings ($4,575) …
M-Pesa has been huge for Kenya’s economy — and for scammers Read More