‘We could be a thousand times larger’

‘We could be a thousand times larger’

In 2024, private equity firm Verod Capital invested in i-Fitness, a Nigerian gym chain founded in 2015 by the entrepreneur Foluso Ogunwale. Verod co-founder Danladi Verheijen describes the business as one of his favourite investments. Despite operating only around 30 outlets, i-Fitness is already seven times the size of its nearest competitor in West Africa…

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Africa: These Are Shaky Times for Oil Markets. an Expert Explains What a Prolonged War Will Mean for Prices

Africa: These Are Shaky Times for Oil Markets. an Expert Explains What a Prolonged War Will Mean for Prices

The US-Israel strikes on Iran have launched one of the most dramatic conflicts in the Middle East in living memory. Aside from military targets, Iranian forces have attacked commercial shipping and infrastructure in the region. The objective is simple: to disrupt oil exports and weaken its opponents’ economies. While the oil market is perfectly capable…

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