Notebook

Field notes, kept in public.

Personal observations, field notes and synthesis drawn from the Radar, conversations and experience. Original analysis on healthcare, capital, regulation and African markets.

Healthcare

Why African rare disease is a market, not a mission

Unmet need is not charity; the quiet build-out of access pathways across Africa describes a commercial opportunity wearing a moral disguise.

June 2026 · 4 min
Capital

The quiet repricing of frontier credit

Default makes headlines; mispricing makes returns. Which African issuers were punished for their neighbours' problems rather than their own?

May 2026 · 4 min
Regulation

Section 21 and the architecture of access

South Africa's named-patient route looks like a loophole; read closely it is a working blueprint for how unregistered medicines reach patients.

May 2026 · 4 min
Business

Notes on building a laboratory company

Field notes from inside Veltrion Laboratories on why regulated, unglamorous, infrastructure-heavy businesses are the most defensible bets in African healthcare.

April 2026 · 4 min
Regulation

The real cost of SAHPRA delays

Registration backlogs are usually counted in months. The more useful number is what those months actually cost a sponsor, and who pays it.

March 2026 · 1 min
Healthcare

Africa is not one market

The single most expensive assumption foreign operators make about the continent, and what changes once you stop making it.

March 2026 · 1 min