Nigeria's Market: 200 million people, but how many can actually afford the ride?
Uber's exit keeps getting framed as a story about FX volatility and fuel prices. Those things matter, but they're symptoms.
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The tech-investment stories moving Africa's markets — what moved, and why it matters.
Fri, Sep 4
Nigeria's Grid: a US platform is the mandatory door to $1.1bn in Nigerian solar money
Solar developers and installers wanting a slice of Nigeria's $750 million DARES electrification programme — which aims to connect 17.5 million Nigerians — must use Odyssey's platform to submit proposals, track performance and get paid.…
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Kenya Gig Rules: the court didn't kill driver protection — it raised the bar for doing it properly
The 18% commission cap wasn't arbitrary. It came after drivers took to the streets in Nairobi protesting platform cuts of 25% or more — a real grievance, backed by real hardship.
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Discovery Bank: first profit is the easy milestone — two million clients is the real test
Discovery Bank's swing from a R68-million loss to R370-million profit in a single year is real, and the client growth to 1.57 million is genuine.
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OPay's Egypt Move: 161% growth at home, and they still need to earn trust from scratch abroad
OPay's Nigerian numbers are genuinely striking — $536 million in revenue, a $358 billion gross transaction value, real profit. That's not a startup story anymore.
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Hugging Face: the deal is done — now watch what Nvidia actually does
Nvidia's promise that Hugging Face will "remain open" and that developers won't be "required to use its chips" is the only sentence that matters for African AI builders.
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