Finance & Investment
Markets, capital allocation, investment theses and macro commentary. We write for people who have to act on a view rather than merely hold one, which means naming the evidence, the assumptions, and the conditions that would prove us wrong.
Africa’s AI Compute Gap: Power, Sovereignty, and the Next Great Infrastructure Divide
Only a small number of countries host AI-specialised data centres, and Africa is almost entirely absent from that map.
The Cost of Patient Capital
Long-duration money is repricing. The consequences reach well past the endowment model that popularised it, into venture, infrastructure, and...