Analysis from the desk

27 September 2026

7 min read

African FDI fell 26% in 2025. It is the same one transaction, in reverse.

Two editions, two headlines, one $35bn cheque behind both. What the underlying number is, and what the quiet revision from $97bn to $94bn should tell you.

27 September 2026

7 min read

Africa processes two thirds of global mobile money value and attracts 8% of the fintech projects

Usage and capital formation have separated. The gap between $1.4tn in transaction value and 18 FDI projects is the clearest arbitrage on the continent.

27 September 2026

7 min read

Africa is not the lithium continent. It is the cobalt and platinum continent.

Reserves and production are routinely conflated in critical minerals commentary. The correction changes which countries matter and which theses survive.

27 September 2026

7 min read

Africa hosts under 0.02% of the world’s data centres and takes 3% of the investment

Every AI and cloud thesis on the continent runs into the same physical constraint, and the constraint is electricity before it is capital.

27 September 2026

5 min read

Fifty of fifty-four countries have ratified AfCFTA. About half that number have gazetted the tariffs.

A signed trade agreement and an operational one are different investable propositions. How to tell which you are underwriting.