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Lagos Needs 227,576 Homes A Year. A Third Of Every Building Budget Goes To The Desk That Says Approved
$1 million buys you 507 square meters of prime Lagos land. The same $1 million buys 3,124 square…
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Kenya Hired A Dealmaker To Raise Sh5 Trillion. Its Own Pension Funds Hold 0.7% In Private Assets.
What they tell you is that Africa cannot build because Africa has no capital. Here is what is…
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Nigeria’s Ride-Hailing Market Is Worth $450 Million And Just Lost Its Biggest Operator. Here Is What That Actually Says.
“The reason I bought this car was to use it as an Uber ride. I am a foundation…
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Kenya’s Lenders Shrank By Half. The People Selling Phones On Credit Tripled.
Kenya’s microfinance sector grew from 400,000 users to 2.5 million in 3 years. That number is real. It…
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Kenya Cut Fertilizer 69% And Vegetables Still Went Up 30%. Here Is Why.
Let’s start in October. The US Climate Prediction Center now puts a very strong El Niño at 95%…
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Africa Does Not Make Its Medicine. It Packages It.
Africa imports more than 70% of its medicines. Which means Africa makes just under 30% of them, and…
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African Pension Funds Hold 775 Billion Dollars. A Manila Billionaire Just Bought The Ports They Owned.
On 28 August, a Manila billionaire agreed to buy the ports. Not build them. Buy them, finished, from…
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Africa Can Ship To The World And Cannot Ship To Itself
Africa’s richest man needed to move 1,000 tonnes of cement from Lagos to Accra. He could not find…
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A Chinese Couple Built Africa’s Biggest Nappy Company, And East Africa Is Now Half Its Revenue.
In Kigali, a man called Beresheba Hakizayezu makes 100 pairs of shoes a month. He buys his leather…
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The Most Underwritable Risk In African Commodity Finance, And Fewer Than 5 Banks Will Touch It.
A licensed gold buyer in Ghana has been waiting up to 3 weeks to be paid. Some have…
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3 Million Of Africa’s Cheapest Phones Did Not Sell, The Average Price Rose 41 Dollars And The Reason Is An AI Data Center.
The $100 smartphone is disappearing from Africa, and nothing about the reason is African. In Lagos, Nigeria, a…
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Africa Won The Argument About Who Owns The Mines. It Never Built The Company That Runs One.
On 4 September a tender closes in the West Wollega zone of Ethiopia’s Oromia region. A gold project…