Business Daily

How the biggest start-up acquisition out of Nigeria is resonating across Africa. Last year Nigeria saw its biggest ever start-up acquisition - a multi million dollar deal for digital payments company Paystack. The result was a massive shift in the minds of entrepreneurs and investors in Africa’s Fintech scene. The company which processes more than half of all online payments in Nigeria, was started by two graduates in their 20s five years ago. It ended in a $200 hundred million dollar deal with Stripe, the US-based payments software company. Tamasin Ford speaks to Chilufya Mutale, the co-founder and CEO of PremierCredit in Lusaka, an online micro-lending platform operating in Zambia and Zimbabwe. Plus Chijioke Dozie, the co-founder of Carbon, a PanAfrican digital bank operating in Nigeria, Kenya and Ghana who says the Paystack acquisition is not only inspiring for existing entrepreneurs, it will encourage more people to join the Fintech scene. And to Katlego Maphai, the co-founder and CEO of Yoco in Cape To

Why Taiwan isn't making enough computer chips. Ed Butler speaks to Jan-Peter Kleinhans, head of technology and geopolitics at SNV, a German think tank, about the central role of Taiwan in the complex global supply chain of semiconductors. The BBC's Theo Leggett explains why the car industry has been particularly hit by the shortage of chips. And Shelley Rigger, professor of East Asian politics at Davidson University in the US, discusses the growing significance of Taiwan in the technology war between China and the US.(Photo: A man walks past a company logo at the headquarters of the world's largest semiconductor maker TSMC in Taiwan, Credit: Getty Images)

Though children will usually learn how to add, subtract or multiply in school, very often they are not taught the skills they need to manage their money in older life. We’ll hear from children around the world about their understanding of, and relationship with, money. Then, Lily Lapenna MBE, of MyBnk, describes her decades long campaign to improve financial education in UK schools, and how a gap still remains between boys and girls in financial literacy. Eddie Behringer, CEO of the fintech firm Copper, explains how their bank accounts for teenagers can help build skills from early on. And Dhruti Shah, author of the illustrated business dictionary Bear Markets and Beyond, recounts how she wishes she’d realised sooner just how much finance and business would factor in her life, and how a basic business vocabulary can help you understand your world better.(Image credit: Getty Images)

Eliminating carbon emissions in the next 30 years would be "the most amazing thing humanity has ever done".In an exclusive interview, Bill Gates tells Justin Rowlatt why he has set his sights on tackling global warming, and how the challenge compares to efforts to contain the coronavirus pandemic - which he is also taking a leading role in, with the funding of vaccine rollouts. The Microsoft founder and world's most influential philanthropist is particularly focused on the parts of the economy that are the toughest to decarbonise - things like cement, steel and aviation.His thinking is strongly influenced by the energy historian Vaclav Smil. Gates says he has read every one of the Czech-Canadian professor's 40-odd books on the subject. But in a rare interview, Professor Smil tells Justin that he has a decidedly more pessimistic view of how quick and painless the energy transition can be.Producer: Laurence Knight(Picture: Justin Rowlatt interviewing Bill Gates at the Natural History Museum)

On this episode of Business Weekly, we examine the world of amateur traders. One in five Americans now play the stock market, but there are warnings that inexperienced traders could be caught out. Also, we take a look at the new space race. Commercial enterprises are vying to see who can get the most satellites into orbit in order to provide internet connectivity to some of the world’s poorest and most rural regions. In the week when Bumble made its market debut, we hear how dating apps are faring during the pandemic. And we chat to the man who provides books for home offices so his clients can seem well-read on video conferencing calls. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

After years of planning and delays, Africa’s new trade bloc, the African Continental Free Trade Area, opened in January with the promise of transforming the continent’s economies. Amandla Ooko-Ombaka of McKinsey and Company in Nairobi explains the enormous poverty-reducing potential the bloc represents. But some are calling for the agreement’s terms to more directly benefit women, by helping facilitate trade in their wares across borders. Caroline Gethi of the Organisation of Women in International Trade and Gloria Atuheirwe of Trademark East Africa say the agreement hasn't gone far enough to promote gender equality, and that it as yet doesn’t even recognise the role of women in informal trade which is the backbone of Africa’s economies.Producer: Frey Lindsay(Image credit: Getty Images.)

Is one of the world's mighty financial centres under threat from the damage done by the UK's departure from the EU? Six weeks after the final Brexit divorce, Katie Martin of the Financial Times explains the short-term impact, and long-term implications. One winner is Amsterdam. Michael Kent, co-founder of Azimo, a digital payments firm, tells us why he's opened an office there. And if the City of London is losing its allure, why are bankers so optimistic? We hear from the boss of Barclays.Photo: A man wearing a traditional bowler hat looks over at London's financial and business district known as the Square Mile (Credit: Getty).

When shares in the apparently declining games company Gamestop soared almost 2000% in less than a month, the world’s attention was drawn to an army of amateur investors on new mobile trading platforms such as Robinhood. Investment author Ann Logue breaks down what makes these amateur traders different from regular day traders, and we’ll hear from one such amateur on the ups and downs of playing the market. Professional investor Bill Brewster speaks about what responsibilities the new investing apps have in making sure their users are informed both about the risks and how the apps actually work, and Barbara Roper of the Consumer Federation of America suggests where regulation can play a part. We’ll also hear from day trader and YouTuber HumbledTrader, who cautions people from getting into the game without doing their own research.Producer: Marie Keyworth.(Image credit: Getty Images.)

Bridging the global digital divide, using satellites in space, is the dream of the world's richest men like Elon Musk of SpaceX and Jeff Bezos of Amazon. They're joined in a new space race to carpet the earth in satellite constellations with national governments, private companies and the recently rescued OneWeb, under the new ownership of the British government and Bharti Enterprises. Sunil Bharti Mittal, the executive Chair of OneWeb tells us why firing hundreds rockets skywards makes business sense, even in a crowded market. And he's promised to leave no-one behind. We also speak to Caleb Henry of Quilty Analytics who tells us about the players in the market and Victoria Samson of the Secure World Foundation warns of the dangers of a crowded Lower Earth Orbit. Presented by Ed Butler and produced by Clare Williamson. (Image: Lift off Vr, Credits: Roscosmos and Space Center Vostochny, TsENK)

We explore the twin crises affecting the shipping industry. First, thousands of seafarers are stranded far from home, unable to travel because of the coronavirus. Add to that congestion at ports across the globe and sky-high freight rates. The result? Unprecedented pressures on an industry that’s usually far from the public eye. We hear from stranded ship-workers and those trying to help them return home. And we speak to the importers and exporters struggling to stay afloat as shipping rates go up and up.(Image credit: Getty Images.)

As protests continue against the military coup in Myanmar, Business Weekly hears how the army controls the country’s economy. Jeff Bezos has announced that he’s stepping down as Amazon chief executive so he can concentrate on other projects. We think about the good he could he do if he really put his mind - and his money - to it. And it’s a dog’s life - we hear how the trade in lockdown pets is booming. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

Manuela Saragosa speaks with economist Mariana Mazzucato, who argues that America’s Apollo programme, which landed people on the moon in the 1960s, has a lot to teach us about tackling some of the biggest economic challenges on earth today. Mazzucato is calling for a bolder, more visionary and interventionist state which would take on the UN's Sustainable Development Goals, among others. But would that work at a time of declining trust in government institutions and competence? And don't the UN's goals encompass societal challenges that are far more politically complex than Apollo's technological mission?(Image credit: Getty Images.)

Music streaming services have changed the game. We hear about their impact on artists' income from Tom Gray of the 90s British band Gomez. Plus, Merck Mercuriadis, whose music investment company Hipgnosis is spending billions of dollars buying the copyright to some the biggest music hits of the past 50 years.(Picture: dollar bills rain down on US pop star Miley Cyrus. Credit: Getty Images.)

Uncertainty continues to mount over this summer's delayed Tokyo Olympic Games, as Japan’s Prime Minister Yoshihide Suga announces he is extending a coronavirus state of emergency in Tokyo and nine other areas through March. Last year's unprecedented postponement was arguably the biggest peacetime decision ever taken in sport. But that would be completely overshadowed by an actual cancellation. Seijiro Takeshita of the University of Shizuoka gives the view from the Japanese business community. Sports sponsorship expert Tim Crow explains how a potential delay would impact sponsorship revenue, while US economist Andrew Zimbalist takes on the larger overall costs to Japan. And we’ll also hear from Olympic medallist Kristian Thomas about what it means for players.(Image credit: Getty.)

Myanmar's military has announced it has taken control of the country, a decade after agreeing to hand power to a civilian government. Tin Htar Swe OBE, Myanmar analyst and former editor of the BBC Burmese Service, recounts the history leading up to this emergent coup, and where it might lead. Meanwhile, Vasuki Shastry, Associate Fellow at Chatham House's Asia-Pacific Programme, explains how the military have shaped Myanmar's economy and what effect international sanctions might have on their continued hold on it. And Rocco Macchiavello, lead academic with the International Growth Centre Myanmar, explains how, or if, Myanmar can continue its high economic growth seen over the last decade.Producer: Frey Lindsay.(Image credit: Getty Images.)

What is Wall Street's role in the surge in Gamestop's share price? It’s been billed as a populist revolt against the financial behemoths of Wall Street: a global gang of small investors driving up the price of Gamestop shares, forcing losses on hedge funds. But is there more to this David versus Goliath story than at first meets the eye? Manuela Saragosa speaks to Alex Patton who trades in his spare time when he’s not at his day job in cybersecurity. She also speaks to former Wall Street professional Alexis Goldstein who now advocates for financial regulation and to Elizabeth Lopatto from the US technology website The Verge. (Correction: in the programme it was said that shares had risen 70% this year when in fact they rose 70% on Friday 29 January 2021)

The UK has said it will impose strict restrictions on people travelling to the country in order to help stop the spread of Covid-19. Travellers from a list of countries deemed 'high risk’ will be put into hotels to quarantine. It’s a scheme used in Australia, where cases are now low. On Business Weekly, we hear how the economy there was able to open up after the first wave of infections. We get the latest on the farmers’ protest in India after this week’s rally turned violent. The end of the Google Loon project means very little in practical terms to people in rural Africa who need internet access. It never managed to deliver on its promise to connect up more of the continent. So, what’s next? Will Elon Musk’s Starlink project be the answer? And the director of the Virunga National Park in the Democratic Republic of Congo tells us how he had to protect the area from exploitative companies as well as armed militias. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

Homeworking has led to booming pet sales. What happens when people head back to the office? Sales of dogs, cats and all sorts of other pets have soared in the developed world over the past year amid lockdowns. It’s great news for pet care businesses. But animal rescue centres are braced for the worst when and if people start heading back into work again. (Photo credit: Getty Images)

The economic costs of school closures amidst the pandemic could be huge. 2 billion school days have been missed so far around the world, and millions more are to come. Experts are warning of a lost generation with many children losing key skills to earn their way out of poverty. Even in the rich world, this cohort could see their future incomes fall considerably. So are governments paying enough attention? Does education have to be the trade off for public health and the economy in the pandemic? We hear from Stefania Giannini Assistant Director-General for Education, UNESCO who tells us that disadvantaged children will suffer the most, whilst Dr Randa Grob Zakhary, CEO, Insights for Education says that different countries have taken different approaches to education during the pandemic with starkly different results. Nisha Ligon is the co-founder of Ubongo, Africa’s biggest EdTech non-profit, who has had a busy year filling the demand for home learning in African countries with limited access to modern techno

Is there a new piracy crisis afflicting Africa's shipping lanes? And should the merchant ships in the region now be armed? Four men boarded a Turkish-crewed container ship out at sea in the Gulf of Guinea in West Africa on Saturday - they killed a crew member and took 15 hostages. Robert Peters, a senior analyst for west Africa at Ambrey, a company which boasts the largest number of maritime security personnel in ports across the globe, tells Ed Butler what happened. Ed also speaks to Munro Anderson, who works for Dryad Global, another security firm that specialises in shipping in the area who says he doesn't think the Nigerian government is doing enough to stop kidnappings in the region. But Amy Jadesimi who is the MD of Ladol, a free trade area within Nigeria's largest port in Lagos, says they are doing quite a good job. And Professor Anja Shortland is a lecturer in political economy at Kings College London. She's also written a book, Kidnap: Inside the Ransom Business, in which she analyses how the problem