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How Nigeria's Powerstove is Reinventing Clean Cooking
Powerstove is a Nigerian clean-energy company tackling one of Africa’s most persistent challenges: access to safe, affordable, and environmentally sustainable cooking solutions. Founded by Okey Esse, the company developed a patented smart cookstove that converts the heat generated during cooking into usable electricity. This innovation allows households not only to cook more efficiently but also to charge phones, power lights, and run small devices—addressing both energy pove
Spotlight In Africa
Aug 111 min read
Africa Moves Up the Cocoa Value Chain
Africa produces around 70-75% of the world’s cocoa, yet captures only a fraction of the value generated by the global chocolate industry. Now, four of the continent’s largest producers—Nigeria, Ghana, Côte d’Ivoire, and Cameroon—are seeking to change that. At the 2026 Cocoa Value Addition Summit in Abuja, the countries signed the Abuja Declaration, establishing the Cocoa Value Addition Alliance to shift Africa from exporting raw cocoa beans toward processing, manufacturing, a
Spotlight In Africa
Aug 111 min read
Nigeria's Stock Market Just Became the World's Best-Performing Equity Market
Nigeria’s stock market has become the world’s best-performing equity market in dollar terms in 2026, delivering a remarkable 67% return and outperforming 91 other exchanges. The rally marks a dramatic turnaround for a market long weighed down by currency instability and foreign exchange shortages, with a stronger naira and renewed investor confidence helping attract capital back into Africa’s largest economy. The resurgence has been fuelled by improving foreign exchange liqui
Spotlight In Africa
Aug 111 min read
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