Yinka Adegoke

@yinka.bsky.social

Writer. Editor. Consultant. Creative Strategist. @Semafor.com

The owners of a soccer team had to move fast. It was the final game of the season. The club was on the brink of losing millions in lost revenue. So they turned to Kalshi, placing a multimillion-dollar bet against itself, in case they lost. Read more from Liz Hoffman:

A soccer team bet against itself. This is the (good) future of prediction markets.

Platforms like Kalshi and Polymarket are beginning to outgrow their YOLO beginnings and could one day underpin big parts of traditional finance.

semafor.com

For 25 years, the defining logic of China-Africa trade has been simple: Africa exports raw materials, China manufactures products, and Africa buys them back. That leverage with China is growing, Yinka Adegoke argues. Read the full view: www.semafor.com/article/06/0...

View: Africa’s leverage with China is growing

Beijing’s dependence on critical minerals is creating bargaining power for African governments — but debt pressures threaten to squander it.

semafor.com