Category: Blog

  • Moneda Intelligence Monthly News Wrap Up

    April 2026 Energy Nigeria 68 years after the commercial production of crude oil started, Nigeria has finally become a net exporter of petrol. What changed, when, and at what scale?  March 2026 marked a historic turning point in Nigeria’s petroleum sector, as the country became a net exporter of petrol for the first time since…

  • African Finance vs Western Finance: Why Africa Must Reclaim Its Own Model 

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    For centuries, African economies functioned without modern banks, interest rates, or rigid collateral systems. Trade routes linked West Africa to North Africa and the Middle East. The trans-Saharan trade thrived on trust, reputation, and shared risk. In East Africa, Indian Ocean trade connected African merchants to Arabia and Asia through partnership-based commerce. Capital moved through…

  • Africa Has the Capital. The System Is the Problem 

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    Across the continent, domestic institutional capital held by pension funds, insurance companies, sovereign wealth funds, and development banks exceed $1.1 trillion. According to the Africa Finance Corporation, this pool is expected to grow significantly over the coming decades. Pension funds alone manage roughly $455 billion. Yet only a very small share of this capital flows to small and medium-sized enterprises…

  • Working Capital Concerns for VCs and Private Capital in Africa — and Why Moneda Is a Critical Solution

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    Africa’s private capital markets have weathered a difficult 2022–2024 cycle marked by sharp risk-off sentiment, higher interest rates, FX volatility, and slower LP distributions globally. While activity is stabilizing, the liquidity crunch has exposed a chronic constraint at portfolio level: working capital. Long receivables, inventory bottlenecks, and expensive or scarce local credit have extended cash-conversion…