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A food vendor prepares "jollof rice", a traditional meal often made using chicken, in the northern city of Kano

Nigeria: Climate change is driving the cost of jollof rice

“I do not think anyone in Nigeria needs persuading of the need for urgent action on the environment. Desertification in the north, floods in ... the centre, pollution and erosion on the coast are enough evidence. For Nigeria, climate change is not about the perils of tomorrow, but what is happening today,” President Muhammadu Buhari said during the UN Climate Change Conference (COP26) in October. And today means Nigerians are finding it increasingly hard to afford basic food items.

Workers walk between photovoltaic panels at the Benban plant in Aswan

Africa: ‘Clean energy solutions are woefully underfunded today’

When the power goes out in South Africa’s platinum mines—as it frequently does—emergency-response plans are activated to evacuate miners ... from the depths. And for every dark day in the mines, people above ground also suffer: businesses shutter their doors, refrigerators stop humming, health clinics go dark, access to financing gets tighter—all as the country’s power system struggles with ageing coal-fired power stations and rapidly rising energy demand.

A woman looks at Nigerian banks apps on a smart phone in Abuja

Nigeria – TeamApt eyes unicorn status, looks to become Africa’s largest digital bank

A Nigerian fintech startup, TeamApt, which provides financial services to the underserved mass market in Africa, is eyeing the unicorn status ... on the back of nearly $50bn in yearly transactions, as it seeks to raise a Series C funding round ‘at well over $1bn in valuation from some of the world's biggest investors’. TeamApt could be the fifth unicorn from the Nigerian fintech ecosystem, following Interswich, Opay, Flutterwave and most recently, Andela.