Africa’s EV Market Is Outpacing Predictions & The Debt Dilemma

In today’s episode, David talks about Africa’s rapidly growing electric vehicle (EV) market and how it’s outpacing predictions. With NEV companies generating $18 million in revenue, what’s driving this boom, and can Africa sustain this momentum? Meanwhile, Musa explores "The Debt Dilemma"—with personal loans in Nigeria hitting ₦3.3 trillion as of November 2024. What does this mean for the economy? Are individuals and businesses at risk of financial instability? Sources: NEV Electric hits $14 million revenue as Nigeria's EV market gains momentum Personal loans rose to N3.3tn in November – CBN – Punch NewspapersDavid Twitter Account: @D_rounzAI transcription and podcast creation: https://pllugg.com/    Extra Links :⁠⁠⁠⁠⁠https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠        ⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠