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yinka.bsky.social
Writer. Editor. Consultant. Creative Strategist.
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South African businesses are grappling with uncertainty around the government’s economic plans after the unprecedented postponement of the budget.

South Africa set for last-ditch bid to save relations with Trump

A growing crop of Nigeria-born startups are offering US-based bank accounts to freelance workers and businesses in a move to capitalize on Africa’s booming gig economy.

These African countries will be hit hardest by Trump’s USAID cuts www.semafor.com/article/02/1...

These African countries will be hit hardest by Trump’s USAID cuts www.semafor.com/article/02/1...

🟡 SCOOP: South Africa might bend Black ownership rules for Musk

“The revolution's about to be televised. You picked the right time but the wrong guy.” — Kendrick Lamar

Finally watched the Luther doc...so much to love. Remarkable how, like other greats, how key parts of his oeuvre were covers that he completely made his own...Slightly embarrassed I had no idea 'Superstar' was a Carpenters' cover... www.youtube.com/watch?v=QG9M...

One to watch…

African development partners and Washington policy advisers are scrambling to assess the impact of the Trump administration’s decision to almost completely wind down the operations of USAID.

Very excited to share this news. My next book, The Second Emancipation, comes out in August, but if you want to buy it now through Barnes and Noble you can get 25% off today only by using PREORDER 25 at checkout. www.barnesandnoble.com/w/the-second...

South Africa should prevent the US from accessing its minerals if Washington withdraws funding to the nation over its land expropriation policies, its mining minister says.

Analysis: How to make US foreign aid work for Africa

Excellent piece for @semafor.com's #OneBigIdea series looking at how to switch US "perpetual aid" into long term investments for sustainable healthcare systems in Africa www.semafor.com/article/02/0...

"To change Africa through education, we must feed more than just children’s minds."

An influential House US-China subcommittee is calling for the State Department to open a representative office in Somaliland to counter rising Chinese influence in the region.

British consumer goods firm Reckitt makes long-term bet on Nigeria

Africa must not “outsource its ambition” to external powers, the former Liberian minister for works W. Gyude Moore argues.

Mozambique is at growing risk of defaulting on its debt as political tensions over last year’s disputed election were heightened with the return of opposition leader Venâncio Mondlane to Maputo.

Startup fundraising fell by a quarter in Africa to $2.2 billion in 2024, marking a second successive year of reduced investment.

This is a bleak read not only for Americans but also for the societies who take their lead from America’s example. After reading it, I would recommend catching up with a friend as an antidote.

African countries face a range of challenges and opportunities over the next 12 months. Semafor Africa asked key thought leaders for their predictions on what lies ahead in 2025:

One of the more depressing African tech/business stories in 2024, probably because many of us had such high expectations for the always impressive Sara Menker...

One of the more depressing African tech/business stories in 2024, probably because many of us had such high expectations for the always impressive Sara Menker...

Even as venture funding dropped 25% this year, Africa minted another two billion-dollar valued tech startups...but does that even matter?

Nigeria's beleaguered oil industry has got a boost from key multibillion-dollar investments this month

Africa can ramp up electricity generation from geothermal energy with investments in new technologies, according to the International Energy Agency.

Young talent managers are stepping up to professionalize the fast-growing content creator market in Nigeria and the rest of Africa.

Africa’s top investors have been through one of their toughest periods raising funds over the last 12 months and are feeling intense pressure to back climate investments.

“It’s a double-edged sword,” said a Ghana-based investor. “We agree with the principle of supporting climate investments, but we have so many problems to address in Africa that we need to prioritize.” Africa’s fund managers feel pressure to back climate investments www.semafor.com/article/12/1...

Somalia and Ethiopia have agreed to work together to resolve their dispute over Somaliland.

US self-driving car company Waymo is outsourcing its fleet management to Moove, a Nigerian-born vehicle financing business.

Somaliland will be much closer to being recognized by the US as the world’s newest country when Trump returns to the White House, @yinka.bsky.social reports.

"As a result of negative coverage of the continent Africa pays an additional £3.2 billion ($4.1 billion) for interest on their sovereign debt."

Kenya cancels deals with India's Adani after US DoJ bribe indictment

Illegal gold mining has spread across Ghana this year, driven by a historic rise in global gold prices.

How a beauty queen overcame xenophobia in her country of birth to win Miss Universe Africa & Oceania

How a beauty queen overcame xenophobia in her country of birth to win Miss Universe Africa & Oceania

Trump's Africa people are focused on "God, gays, and guns"

An emerging Christian television rival to conservative networks like Newsmax, One America News Network, and Fox News is poaching one of Newsmax’s well-known host, @maxtani.bsky.social reports