Global

Africa's Power Paradox: 60% of Global Solar Potential, Yet 600M Without Electricity

The continent that holds the world's richest renewable energy endowment remains its most underserved power market — and the transmission grid is the central reason why.

20 Aug · 4 min read · energy · infrastructure · renewable energy
Global

Moderna Stock Surges ~160-177% on Positive Melanoma Trial Data

A successful late-stage trial for Moderna's personalised melanoma vaccine sent the stock to its biggest single-day gain in years, reviving investor confidence after a brutal post-COVID decline.

Funding

BOI's ₦250bn Debut Bond Oversubscribed in 5 Days as Geregu Clears ₦6bn Default

Nigeria's domestic debt capital market posted two contrasting signals in the same week: the Bank of Industry's maiden bond drew more demand than it could absorb, while Geregu Power quietly settled a bond default that had rattled investors for weeks.

Global

Mali Calls Putin as Wall Street Drops Rate-Hike Bets

Two signals reshaping emerging-market risk: Russia doubles down on Sahel security while U.S. rate expectations soften, altering the calculus for African capital flows.

The Brief

The Money

Deal Tracker →
Debt
₦250bn
Bank of Industry (BOI)
Development Finance · Nigeria
Growth
Undisclosed
EliseAI
Proptech · United States
Seed
$52M
Terra Industries
Defense Tech · Nigeria
Growth
$15.2M
First HoldCo
Fintech · Nigeria
Seed
$52M
Terra Industries
Defence-tech · Nigeria
Series A
$8.4M
Jem
HRtech · South Africa
The nook Brief

The whole continent, in one morning read.

Tech, the politics that shapes business, and the money moving Africa — synthesized and sent to your inbox. Free.

More Latest

nook — African tech, politics & business