Business
In-depth reporting on African markets, startups, investments, and economic trends.
How A Nigerian Cloud Kitchen Startup Went From $4.3 Million in Revenue to Suspending OperationsFoodCourt raised money, expanded to two cities, and delivered a million meals. Then it quietly shut every branch down. Is FoodCourt's promise to "come back stronger" worth believing, or have we heard this before?
By Owobu Maureen•1 day agoStartup
Startup
How A Nigerian Cloud Kitchen Startup Went From $4.3 Million in Revenue to Suspending Operations
FoodCourt raised money, expanded to two cities, and delivered a million meals. Then it quietly shut every branch down. Is FoodCourt's promise to "come back stronger" worth believing, or have we heard this before?
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OWOBU MAUREEN
Uniwax Stunned as Tax Reversal Wipes Out 2025 Profit!
Uniwax Côte d’Ivoire reported a 2025 net loss of 624 million CFA francs, reversing initial quarterly profits due to a tax code treatment of a land sale gain. The gain was earmarked for reinvestment under Article 28, leading to a pre-tax loss after adjustments. With COIC acquiring Uniwax, the new ownership faces the challenge of utilizing a 9 billion CFA francs provision for factory upgrades and restoring core business earnings.David Isong
Setao CĂ´te d'Ivoire Stock Skyrockets Over 165% in Six Months!
Setao CĂ´te d'Ivoire (STAC) stock has experienced an extraordinary +165.49% surge over the last 180 days on the BRVM exchange, demonstrating robust long-term growth despite minor short-term dips. This performance highlights the significant investment potential within West African capital markets for informed investors.David Isong
BRVM Unleashes Daily Market Report for July 2nd, 2026!
Daba Finance has released the BRVM Daily Market Report for July 2nd, 2026, offering crucial insights into the West African regional stock exchange. This essential document helps investors track market performance and trends, enabling more informed investment decisions.David Isong
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
Economy/Finance
How Bokku Found a Billion-Naira Idea In A Grocery Chain That Understood Nigeria Before Nigerians Did
Bokku Mart built almost 200 stores in four years, not by competing with other Supermarkets or Malls but by undercutting the neighbourhood kiosk. An analysis of its pricing strategy, Nigeria's informal market, and what the 95% of Nigerians who never shop in supermarkets actually built without realising it.
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PRECIOUS O. UNUSERE
How Much Is Lagos Losing to the Floods?
Lagos floods every year, and the government warns residents before it happens. However, Nigeria loses trillions to flooding, and Lagos seem to carry the heaviest share. How much does Lagos lose to flooding?Owobu Maureen
Nigeria Passed a State Police Bill in 24 Hours. What Is It All About?
Nigeria's National Assembly passed the State Police Bill in days. Here's everything you need to know about the new changes made, who controls it, and what still stands in its way.Owobu Maureen
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
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
Crypto
Crypto Conquest: Bitcoin Suisse Lands Coveted Abu Dhabi License, Fuels UAE Expansion!
Bitcoin Suisse has secured a Financial Services Permission from Abu Dhabi Global Market's FSRA, allowing its subsidiary BTCS ME to offer regulated digital asset services in the UAE. This milestone represents a key step in Bitcoin Suisse's global expansion, tapping into a dynamic market with growing demand for institutional crypto infrastructure.
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Power Struggle: US Bitcoin Reserve Caught in Treasury-Commerce Tug-of-War!
President Donald Trump's ordered Strategic Bitcoin Reserve faces significant structural and legal challenges, 16 months after its inception. A dispute between the Treasury and Commerce departments, along with the absence of congressional legislation, has stalled the plan. Meanwhile, the U.S. government holds over $20 billion in bitcoin, and Trump expresses continued support for crypto.David Isong
MicroStrategy Makes Major Move: Sells 3,588 Bitcoin to Cover Preferred Dividends
Strategy executed its largest bitcoin sale, disposing of 3,588 coins for $216 million to fund dividends on its preferred securities, a move detailed in a Form 8-K. This signals a shift in the company's treasury strategy, balancing continued bitcoin accumulation with the increasing cash demands of its Digital Credit business. The sale marks a significant step, as the firm aims to meet its substantial dividend obligations while navigating capital market conditions.David Isong
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
Crypto and the Hustle Economy: Can African Youth Create Wealth With Crypto?
With the growing awareness in the Crypto space and the profit eagerness of every African youth in the economy of grinding and hustling, can the average African youth Create Wealth With Crypto?PRECIOUS O. UNUSERE
Career
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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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ADEDOYIN OLUWADARASIMI
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
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
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
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