Segun Olakoyenikan is an editorial fellow at Forbes. He joined Forbes in 2023 after spending three years at AFP news agency, covering business and disinformation. Segun holds a master’s degree in business and economic reporting from New York University.
How Africa’s Leading National Airline Broke A Decade-Long Unprofitable Streak
Seven years ago, the Kenyan government bailed out the troubled Kenya Airways. Now it has finally eked out a profit, but will the turnaround last?
This African Fintech Is Giving Workers A Better Way To Send Money Home
Fintech startup Nala just raised $40 million and plans to build its own payment rails allowing global businesses to move money to and from Africa.
Market Lessons: Measuring Debt—With 16 Cash-Rich Companies
Debt to equity doesn’t mean much. What counts is debt to enterprise value.
Market Lessons: What Free Cash Flow Tells You—With 16 Cheap Stocks
The price/free cash flow ratio indicates whether a company is equipped to reward impatient shareholders.
Market Lessons: Defining The Enterprise Multiple—With 16 Cheap Stocks
Takeover tycoons focus on a particular way to compare prices to earnings. Here’s why investors should pay attention.
Market Lessons: Shareholder Yield—Venture Beyond Dividends With These 16 Stocks
Yield means more than quarterly dividend payouts. There is much to be said for defining it to include two other ways to enrich shareholders.
Venture Capital Funding To African Startups Down 57% Reflecting Global Slowdown
Funding to African startups fell to pre-pandemic levels in the first half of this year, according to a new report.
ForbesBLK Summit 2024: Strategies For Advancing Black Capital And Community From Leading Black Wealth Builders
2024 ForbesBLK Summit key business highlights.
What’s An ROE?—With Winners And Losers
Return on equity measures how effectively management uses equity capital. But the metric has flaws.
Market Lessons: Price To Book, With 14 Cheap Stocks
A low price relative to book value used to signal a bargain. Nowadays it provides only a hint of value.