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West Africa Dominates African Startup Funding With $5.8B Raised Since 2019, Nigeria Leads With 80% Share

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According to a report by Africa: The Big Deal, West Africa has attracted the most funding on the African continent since 2019, and is home to the most active markets in terms of fundraising in the period.

Since 2019, the region has secured an impressive $5.8 billion in startup funding, which accounts for 36% of all funding on the continent, over the past five years, underscoring the region’s strong position in Africa’s tech and innovation ecosystem.

Nigeria has been the undisputed leader, accounting for a significant 80% of that total. The country alone has claimed $4.6 billion, representing 29% of all African startup investments, highlighting its crucial role in the broader ecosystem.

However, the funding landscape has evolved since the end of the funding boom in mid-2022. During the peak investment period from 2020 to mid-2022, West Africa commanded 41% of all startup funding on the continent, nearly doubling East Africa’s 22%. Since then, investment patterns have shifted, with East Africa overtaking West Africa by claiming 30% of funding compared to West Africa’s 25%.

Despite this shift, Nigeria remains the dominant player in West Africa’s startup ecosystem. In both 2023 and 2024, the country accounted for approximately 70% of the region’s startup funding, a lower concentration than in other leading African markets such as Egypt (84%), Kenya (88%), and South Africa (99%).

Historically, the “Big Four” countries, Nigeria, Kenya, South Africa, and Egypt have collectively accounted for a significant portion of Africa’s startup funding. Reports from Disrupt Africa and the African Development Bank indicate that these nations captured around 75-80% of total funding in years like 2021 and 2022, with Nigeria often taking the largest individual share.

For example, in 2022, Nigerian startups raised $976 million out of a continental total of $3.3 billion, equating to about 29%-far below 80%. Even in 2021, when Nigeria raised substantial sums, the Big Four together accounted for 92.1% of the $1.9 billion total, with Nigeria’s portion being significant but not dominant at that level.

At the same time, other West African nations have increased their share of investment. The region now boasts four countries that have each raised over $100 million since 2019, more than any other African region. Ghana ($460 million) and Senegal ($410 million) are nearing the half-billion-dollar mark, while Benin ($133 million) and Côte d’Ivoire ($107 million) complete the regional top five. Meanwhile, the remaining West African nations have collectively attracted only 1% of the region’s funding since 2019.

A closer look at the distribution of this funding reveals that a small group of startups has captured the majority of the investment. More than 700 West African startups have raised at least $100,000 since 2019, yet just 15 companies have secured 55% of all regional funding. Unsurprisingly, 13 of these are based in Nigeria, and 8 operate in the fintech sector.

Seven Nigerian fintech which includes, Opay, Flutterwave, Interswitch, PalmPay, Moniepoint, Kuda, and Yellow Card, have led the charge, solidifying Nigeria’s position as Africa’s fintech hub. Moreover, five Nigerian startups, Interswitch, Flutterwave, Opay, Moniepoint, and Andela have attained unicorn status with valuations exceeding $1 billion.

Beyond Nigeria, two standout companies have significantly impacted their respective markets. Senegal’s Wave Mobile Money has raised nearly $300 million, accounting for 71% of the country’s startup funding, while Benin’s Spiro, an electric mobility startup, has attracted over $100 million, representing 85% of its home country’s total funding.

While Nigeria continues to dominate West Africa’s startup funding landscape, the rise of emerging markets within the region signals a gradual diversification.

As investment flows shift, countries like Ghana, Senegal, Benin, and Côte d’Ivoire are carving out their own spaces in the African startup ecosystem, showcasing the growing depth of innovation and entrepreneurship across the region.

Hyundai Pours Billions into U.S. Amid Trump’s Tariff Threats, Unveils Plans for Louisiana Steel Plant

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South Korean auto giant Hyundai has announced a sweeping investment plan in the United States, including a massive $5.8 billion steel plant in Louisiana and a $7.59 billion car and battery factory in Georgia.

The move underscores a growing shift among multinational companies recalibrating their operations under the weight of U.S. President Donald Trump’s aggressive tariff policies.

Hyundai Executive Chairman Euisun Chung revealed the investment during a White House event on Monday, standing alongside Trump.

“This new facility will create 1,300 American jobs and serve as the foundation for a more self-reliant and secure automotive supply chain in the U.S.,” Chung said.

The Louisiana plant marks a critical expansion for Hyundai, which already has a strong manufacturing presence in the United States. The company operates an assembly plant in Alabama, while its affiliate Kia runs a production facility in Georgia. The two existing factories can produce 700,000 vehicles annually. Once the new Georgia plant becomes fully operational, it will add another 300,000 cars to the company’s U.S. manufacturing capacity.

Trump’s Tariffs: A Driving Force Behind Hyundai’s Move?

Hyundai’s latest investment makes it the newest major company to announce a multibillion-dollar commitment to the United States since Trump’s return to the presidency in January. The U.S. president has made clear that companies choosing to manufacture abroad could face punishing tariffs, while those investing in American factories will be rewarded with tariff exemptions.

Trump has repeatedly signaled his intention to impose reciprocal tariffs on countries with large trade surpluses with the United States. South Korea, a key U.S. trade partner, has found itself in Trump’s crosshairs, raising speculation that Hyundai’s investment is, at least in part, a strategic move to avoid being swept up in new trade penalties.

“Hyundai will be producing steel in America and making its cars in America, and as a result, they’ll not have to pay any tariffs,” Trump said Monday, touting the investment as evidence that his protectionist trade policies are working.

“Cars are coming to this country at levels never seen before. Money is pouring in. We want to keep it that way,” he added.

The president further hinted that more tariff measures targeting foreign automakers could be announced in the coming days.

Global Business Scrambles as U.S. Trade War Heats Up

Hyundai’s decision comes amid a broader wave of multinational firms redirecting their investments to the United States in response to Trump’s trade war rhetoric. Apple and Oracle are among the companies that have announced hundreds of billions of dollars in planned U.S. investments over the next four years.

Louisiana Governor Jeff Landry had traveled to South Korea in October to meet with Hyundai executives and discuss the steel plant investment. The project is expected to make Louisiana a key hub for Hyundai’s North American supply chain.

“Hyundai’s commitment shows that we are entering a new era of manufacturing in America,” Landry said in a statement. “This investment not only strengthens our auto sector but ensures that American workers are at the heart of global production.”

In addition to its manufacturing expansion, Hyundai has also pledged to purchase $3 billion worth of liquefied natural gas (LNG) from the United States, further aligning itself with the country’s energy sector.

The deal aligns with Trump’s broader push to boost American energy exports and reduce trade deficits. With South Korea being one of the largest importers of U.S. LNG, the agreement solidifies Hyundai’s relationship with American energy producers and serves as a buffer against potential trade restrictions.

Trump’s renewed trade war threats have put companies like Hyundai in a tough spot, forcing them to either move production to the U.S. or risk hefty penalties. While Hyundai’s latest investments may shield it from immediate tariff exposure, the broader uncertainty surrounding Trump’s trade policies means the auto industry remains on edge.

As the April 2 deadline for Trump’s reciprocal tariff announcements approaches, major automakers—including European and Japanese manufacturers—are bracing for the possibility of new levies. Industry analysts say Hyundai’s rapid expansion into the U.S. is a clear signal that companies are taking Trump’s threats seriously.

Paystack Launches Consumer-Focused App Zap, to Revolutionize Bank Transfers

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Paystack, a Nigerian financial technology (fintech) company that provides online and offline payment solutions to businesses across Africa, has announced the launch of its consumer-focused app Zap, to revolutionize bank transfers with speed and simplicity.

Unveiled during a live YouTube session, the app is designed for instant, secure, and low-cost bank transfers. Zap aims to set itself apart in Nigeria’s competitive fintech landscape by eliminating reliance on card networks and focusing on direct bank transfers. This strategic move not only lowers transaction costs but also enhances the speed and efficiency of digital payments.

According to Paystack’s Co-founder Shola Akinlade, the company already has a partnership with Titan Trust Bank which has been extended to Zap. He noted that the partnership will ensure that Zap can securely hold deposits and facilitate instant transactions. While International remittances are not the current focus, Zap is ideal for Nigerian visitors who need a seamless way to transfer funds locally.

“Today, we are not targeting the remittance scenario. Our ideal scenario is for people from abroad to come to Nigeria and make transfers using Zap. If you are sending money to Nigeria from abroad, you can wait a couple of minutes. Our priority is immediate delivery”, Shola noted.

Zap is built on Paystack Vault, which currently supports only commercial bank accounts. This means that microfinance banks like Palmpay, Opay, and Moniepoint are not supported currently. Users can also link debit or credit cards from any country to Zap. In a demonstration at the launch, the company’s co-founder Shola carried out a sample by transferring money from his Bank of America card to a Nigerian account which took place instantly.

Getting started with Zap is effortless, thanks to its hassle-free onboarding process. Once set up, users can send money to any Nigerian bank account in seconds, whether it’s paying for a service, splitting bills, or moving funds between accounts.

Users can top up their Zap wallet in two ways:

  • Linking a Nigerian bank account through Paystack’s direct debit infrastructure.
  • Depositing funds directly into a dedicated Paystack-Titan Trust Bank account.

Notably, customers can only send or deposit money on the app after completing know-your-customer (KYC) checks. Tier-1 users, who verify with only their Bank Verification Number (BVN), can send up to N50,000 daily and maintain a maximum balance of N200,000. For Tier-2 users, the limits rise to N200,000 daily and N500,000 maximum balance. Tier-3 users can send up to N5 million daily and hold up to N100 million in their accounts. With a foundation that already processes millions of transactions daily, Zap prioritizes security and user experience, While the app is currently available in Nigeria, Paystack has ambitious expansion plans, aiming to extend its seamless transfer service across Africa.

As digital payments continue to evolve, Zap is positioned to redefine financial transactions by offering a faster, more affordable, and frictionless alternative to traditional banking apps.

Zap by Paystack: Shaking Up Nigeria’s Digital Payments Market

With the launch of Zap, Paystack has entered direct competition with some of Nigeria’s biggest fintech players, including OPay, PalmPay, Moniepoint, and Kuda. These established platforms have built their dominance on digital wallets, mobile banking, and seamless payment solutions.

However, Zap is positioning itself differently by focusing solely on bank transfers, bypassing card networks and digital wallets to reduce costs and improve transaction speed.

How Zap Stands Out Against the Competition

1. Focus on Instant Bank Transfers Instead of Wallets

Unlike OPay, PalmPay, and Moniepoint, which operate digital wallets where users store funds, Zap does not require users to maintain a separate wallet balance. Instead, it links directly to commercial bank accounts, enabling instant peer-to-peer transfers without additional steps like wallet top-ups or withdrawals.

2. Reduced Transaction Fees by Bypassing Card Networks

Many fintech platforms, including Kuda, offer free bank transfers but rely on card networks for funding and payments. Zap differentiates itself by avoiding these intermediaries, reducing costs for both users and Paystack itself.

3. Leveraging Paystack’s Infrastructure for Stability

One of Zap’s strongest advantages is that it operates on Paystack’s proven infrastructure, which already processes millions of transactions daily for businesses and merchants. This reliability gives it a competitive edge over some newer fintech platforms that may struggle with downtime or delays.

4. Targeting a Different Audience from OPay and PalmPay

While OPay and PalmPay cater to a broad audience, including unbanked and underbanked users, Zap is targeting individuals who already have commercial bank accounts. This means that it doesn’t directly compete with fintechs focused on financial inclusion but rather challenges banks’ sluggish mobile apps by offering a faster and more intuitive alternative.

Zap’s entry into Nigeria’s fintech landscape intensifies the already existing competition. While it may not directly replace OPay, PalmPay, or Kuda, it offers an alternative for users who prioritize speed, security, and direct bank transfers over wallet-based transactions.

Professional Career Development in the Age of Disruption | Tekedia Mini-MBA

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His empire gained market share but the revenue was dropping. He complained that his management was not executing well. How can you tell me that you have gained market share, and yet we are seeing erosion of revenue? Baba was not happy. He was in mid-80 and was troubled because the business he built over decades seemed to be fading.

His men told him the truth: competition was asymmetric and no more within the players you competed with in your time, and new investments were needed. They made it clear that change was necessary. He asked for an “outsider” for a second opinion.

They flew me from the US and I made it to Lagos. In Ikeja, I met Baba. I told him what his men had told him and included a chart of two companies – Facebook and Google – and how they were disintermediating the local advertising industry. Within a quarter, the company signed a partnership deal with a major European digital ad bundler, and revenue returned even though the old traditional ad business continued to fade.

Disruption happened in that industry, and agility brought the company back. Today, at Tekedia Mini-MBA, our Faculty Olutoyin Williams will educate at the PEOPLE’s level, on a course titled “Professional Career Development in the Age of Disruption”. Indeed, how do we build career resilience and thrive despite all the disruptions from technology, tariffs, political chaos, globalization, etc. How do you design and execute a professional career framework?

Tue, March 25 | 7pm-8pm WAT | Professional Career Development in the Age of Disruption – Olutoyin Williams, International Youth Federation UK| Zoom link 

Tekedia Institute Mini-MBA >> the BEST teaches here and our product is Knowledge.

Phil Murphy: The Visionary Leader Shaping New Jersey and Beyond

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Phil Murphy isn’t just a name in politics—he’s a force of ambition, resilience, and transformation. As the 56th Governor of New Jersey, sworn in on January 16, 2018, Murphy has carved out a reputation as a progressive leader with a knack for turning challenges into opportunities.

Born on August 16, 1957, in Needham, Massachusetts, his story is one of humble beginnings, global success, and a relentless drive to make a difference. From his early days as a working-class kid to his high-flying career at Goldman Sachs, and now as a political influencer, Murphy’s journey resonates with anyone who believes in the power of grit and vision.

What sets Murphy apart? It’s not just his governorship—it’s the way he’s redefined leadership in an era of polarization. Whether it’s legalizing sports betting, championing climate action, or tackling economic inequality, he’s a man who doesn’t shy away from bold moves. His charisma, paired with a pragmatic approach, has made him a standout figure, not just in New Jersey, but on the national stage.

From Blue-Collar Roots to Wall Street Titan

Murphy’s story starts in a modest Irish-American family, where hard work wasn’t just a value—it was a necessity.

Raised in a household that struggled to make ends meet, he learned early on the importance of perseverance. His parents, Dorothy and Walter Murphy, instilled in him a sense of community and a belief that education could unlock doors.

That belief paid off when he earned a degree in economics from Harvard University in 1979, followed by an MBA from the Wharton School at the University of Pennsylvania in 1983.

His career trajectory is nothing short of impressive:

  • Goldman Sachs Rise: Murphy joined the financial giant in 1982, starting as an intern and climbing the ranks over 23 years to become a senior executive. He headed operations in Asia and later oversaw the firm’s German division during a critical post-reunification period.
  • Global Influence: By the time he retired in 2006, he’d managed billions in assets and built a reputation as a sharp, innovative leader.
  • Wealth with Purpose: His success netted him a personal fortune, but he didn’t stop there—he turned his focus to giving back.

This Wall Street chapter wasn’t just about money for Murphy; it was about mastering systems, understanding people, and building the skills that would later define his political career.

His ability to navigate complex financial landscapes foreshadowed his talent for tackling New Jersey’s toughest issues.

A Pivot to Public Service

After leaving Goldman Sachs, Murphy could’ve settled into a quiet life of luxury. Instead, he chose a path less traveled for a multimillionaire: public service. His transition wasn’t overnight—it was deliberate, fueled by a desire to serve.

In 2006, he took a surprising turn when President Barack Obama appointed him U.S. Ambassador to Germany, a role he held from 2009 to 2013. Stationed in Berlin, he honed his diplomatic skills, strengthened U.S.-German relations, and gained a front-row seat to global governance.

Why the shift? Murphy often cites his upbringing—watching his parents struggle gave him a deep empathy for working families. His time in Germany only amplified this:

  • Economic Insight: He saw firsthand how government policies could lift or sink economies.
  • Progressive Spark: Exposure to Europe’s social programs inspired his later push for universal healthcare and education reform in New Jersey.
  • Leadership Test: Dealing with international crises sharpened his ability to stay calm under pressure.

Back in the U.S., he didn’t rest on his laurels. He founded New Start New Jersey, a nonprofit aimed at boosting the state’s economy, signaling his intent to dive into local issues. This wasn’t just a side gig—it was the launchpad for his political ascent.

The Governor Who Bet Big

Murphy’s leap into the governor’s race in 2017 was a gamble, but one he played masterfully. Running as a Democrat in a state weary of political scandals (thanks to predecessor Chris Christie), he promised a fresh start. His campaign was a blend of progressive ideals and practical solutions—raising the minimum wage, legalizing marijuana, and fixing infrastructure.

On November 7, 2017, he won with 56% of the vote, a decisive victory that underscored his appeal as a relatable yet ambitious leader. Sworn in on January 16, 2018, Phil Murphy hit the ground running, determined to make New Jersey a model for progressive governance.

His tenure has been defined by bold bets—some literal, some figurative—that have cemented his status as an influencer with a vision.

One of his biggest wins? Legalizing sports betting. In May 2018, the U.S. Supreme Court struck down PASPA, a federal ban on sports wagering, thanks to a legal battle New Jersey had waged for years.

Murphy didn’t just celebrate—he acted. On June 11, 2018, he signed a bill making sports betting legal, placing the state’s first bet himself at Monmouth Park Racetrack. This wasn’t just about gambling; it was about economic opportunity:

  • Revenue Boom: By 2023, New Jersey’s sports betting industry had generated over $1 billion in revenue, outpacing even Nevada at times.
  • Jobs Galore: The move created thousands of jobs, from tech roles to hospitality, revitalizing local economies.
  • National Trendsetter: Murphy’s swift action made New Jersey the blueprint for other states, earning him accolades as a pioneer.

But sports betting was just the start. Murphy’s agenda has been a whirlwind of progressive policies, from raising the minimum wage to $15 an hour to pushing for clean energy. He’s a governor who doesn’t just talk change—he delivers it, often against steep odds.

A Progressive Powerhouse

Murphy’s influence shines brightest in his commitment to social and economic justice. He’s not afraid to take on big fights, even when they stir controversy.

Take his push to legalize recreational marijuana, signed into law on February 22, 2021, after years of debate. It wasn’t just about personal freedom—it was about equity:

  • Criminal Justice Reform: The law included measures to expunge past marijuana convictions, addressing racial disparities in arrests.
  • Economic Equity: A chunk of tax revenue was earmarked for communities hit hardest by the war on drugs.
  • Cultural Shift: Murphy framed it as a step toward a fairer society, winning over skeptics with his moral clarity.

Then there’s his climate crusade. In 2019, he unveiled a plan to make New Jersey 100% clean-energy-powered by 2050. He’s poured billions into offshore wind projects and electric vehicle infrastructure, positioning the state as a green leader. Critics call it ambitious; supporters call it visionary. Either way, it’s pure Murphy—big ideas, bigger action.

His handling of the COVID-19 pandemic further showcased his leadership. When the virus hit in 2020, New Jersey was an early epicenter.

Murphy imposed strict lockdowns, ramped up testing, and communicated daily with a calm, data-driven style that earned him national praise. By mid-2021, the state’s vaccination rates were among the highest in the U.S., a testament to his ability to rally people around a cause.

The People’s Governor

What makes Murphy a standout isn’t just his policies—it’s his persona. He’s got the polish of a Wall Street exec but the heart of a guy who remembers his roots. He’s approachable, often spotted chatting with constituents at diners or tweeting directly to New Jerseyans.

His wife, Tammy Murphy, a former banker turned advocate, complements his public image as a partner in both life and mission.

His popularity isn’t without bumps, though:

  • Tax Hikes: His budgets, heavy on spending for education and transit, have meant higher taxes, irking some voters.
  • Political Foes: Republicans have painted him as a big-government liberal, a label he shrugs off with a smile.
  • Pandemic Backlash: Early COVID restrictions drew protests, but he held firm, betting on long-term trust over short-term applause.

Yet, even his critics can’t deny his impact. Reelected in 2021 by a narrower margin than his first win, he proved his staying power in a purple state. His approval ratings hover around 50%, a solid mark in today’s divided climate.

A National Influencer in the Making

Murphy’s not just a New Jersey story—he’s a national one. Democrats eyeing 2028 whisper his name as a potential presidential contender.

Why? He’s got the resume: finance guru, diplomat, governor. He’s got the results: a thriving economy, progressive wins, crisis management. And he’s got the vibe—confident but not cocky, serious but not stiff.

His influence extends beyond politics, too. He’s a regular at national conferences, a voice on cable news, and a mentor to up-and-coming leaders. Whether he’s talking climate with activists or jobs with CEOs, Murphy’s knack for connecting dots makes him a player to watch.

At 67, he’s still got fuel in the tank. His second term runs through January 2026, and whatever comes next—another run, a federal role, or a pivot to philanthropy—Phil Murphy’s legacy is already one of bold bets and big wins.

Phil Murphy’s star doesn’t just shine in Trenton—it’s rising across the U.S. As of 2025, with his second term as New Jersey governor in full swing, whispers of a presidential bid in 2028 grow louder.

He’s not your typical politician, and that’s exactly why he’s caught the eye of party insiders and everyday Americans alike. A blend of Wall Street savvy, diplomatic finesse, and progressive grit, Murphy’s built a profile that screams “next big thing.” But what makes him tick, and what’s fueling his ascent?

Phil Murphy’s legacy in legal gambling is a masterclass in balancing opportunity with responsibility, reflecting his broader ethos as a visionary leader.

As New Jersey’s governor, he seized the 2018 Supreme Court ruling overturning PASPA, signing sports betting into law within weeks and transforming the state into a national hub—generating over $1 billion in revenue by 2023 while creating jobs and boosting tourism. Yet, Murphy didn’t stop at legalization; he championed responsible gambling with the same fervor.

He pushed for robust regulations, including self-exclusion programs and funding for addiction support, ensuring the industry thrived without exploiting vulnerable players. His administration allocated tax revenue to education and problem-gambling initiatives, showcasing a model where economic wins coexist with social good.

For Murphy, legal gambling isn’t just a cash cow—it’s a proving ground for leadership that prioritizes both prosperity and protection.

His national influence isn’t accidental—it’s earned. He’s a regular at high-profile events, from climate summits to Democratic fundraisers, where his speeches blend optimism with hard-nosed realism.

On shows like MSNBC or CNN, he’s a go-to voice, breaking down complex issues—be it infrastructure funding or healthcare reform—with a clarity that cuts through the noise. And he’s not just talking; he’s mentoring. Young lawmakers and activists cite him as an inspiration, drawn to his knack for turning ideas into action.

What’s his edge? It’s a mix of experience and authenticity:

  • Proven Record: Governing a diverse, densely populated state like New Jersey—7th in GDP among U.S. states—gives him credibility on economic and social issues.
  • Crisis Leadership: His steady hand during COVID-19, guiding New Jersey through one of the nation’s worst outbreaks, showed he can handle chaos.
  • Relatability: Despite his wealth, he connects with working-class voters, often citing his own family’s struggles as his “why.”

If he runs, he’ll face hurdles—skeptics will question his tax-heavy policies, and rivals will dig into his Goldman Sachs past. But Murphy’s never been one to back down from a fight. His national arc is just beginning, and it’s one worth watching.

The Family Man Behind the Mission

Behind the governor’s polished suits and policy wins is a man grounded by family. Phil Murphy’s partnership with Tammy Snyder Murphy, whom he met in 1987 at Goldman Sachs, is a cornerstone of his life and legacy.

Married in 1994, they’ve raised four children—Josh, Emma, Charlie, and Sam—in a household that balances public service with private warmth.

Tammy’s no sidekick; she’s a force in her own right, co-founding the nonprofit New Start New Jersey with Phil and later launching initiatives like Nurture NJ to tackle maternal and infant mortality.

Family shapes Murphy in ways that spill into his work:

  • Empathy Driver: He’s spoken about how raising kids in a post-9/11 world sharpened his focus on safety and opportunity, from gun control to education funding.
  • Team Effort: Tammy’s advocacy amplifies his platform, making them a power couple with shared goals.
  • Down-to-Earth Moments: Whether it’s cheering at his kids’ soccer games or hosting barbecues, he keeps a human touch that endears him to constituents.

This family dynamic isn’t just PR—it’s real. When Murphy faced a health scare in 2020, undergoing surgery to remove a cancerous tumor from his kidney, it was Tammy and the kids who rallied around him.

His recovery—declared cancer-free later that year—reinforced his resolve, and he leaned into it, using the experience to push for better healthcare access statewide.

Master of the Big Picture

Murphy’s a details guy who never loses sight of the forest for the trees. His ability to juggle micro-level fixes—like repairing New Jersey’s crumbling bridges—with macro-level dreams—like a carbon-neutral future—sets him apart.

Take his economic playbook: he’s poured billions into education, transit, and small businesses, betting that a strong foundation lifts everyone. By 2024, New Jersey’s unemployment rate had dropped below the national average, a stat he touts with pride.

His approach is strategic, not scattershot:

  • Education First: He’s boosted school funding by over $2 billion since 2018, shrinking gaps between rich and poor districts.
  • Transit Revival: After decades of neglect, NJ Transit’s getting a facelift—new trains, better schedules—under his watch.
  • Business Magnet: Tax incentives have lured companies like Amazon and Panasonic to expand in the state, creating jobs.

Critics grumble about the cost—New Jersey’s budget deficit hit $10 billion in 2023—but Murphy argues it’s an investment, not a splurge. His fans say he’s playing chess while others play checkers, and the results are starting to show.

The Climate Crusader

If there’s one issue where Murphy’s influence could outlast his governorship, it’s climate change. He’s turned New Jersey into a green powerhouse, driven by a personal passion he traces back to his time in Germany, where renewable energy was already mainstream.

His Energy Master Plan, rolled out in 2019, aims for 100% clean energy by 2050, and he’s not messing around. Offshore wind farms are sprouting along the Jersey Shore, with a goal of 11,000 megawatts by 2040—enough to power millions of homes.

His green cred is bolstered by action:

  • Wind Wins: By 2025, projects like Ørsted’s Ocean Wind are online, making New Jersey a leader in U.S. offshore wind.
  • EV Push: He’s sunk $100 million into electric vehicle chargers, aiming for 330,000 EVs on the road by year’s end.
  • Resilience Focus: Post-Hurricane Sandy, he’s hardened infrastructure against rising seas and storms.

Environmentalists cheer, but fossil fuel lobbyists and some rural voters push back, calling his plans costly and impractical. Murphy’s unfazed—he sees it as a moral and economic imperative, a legacy he wants etched in stone.

A Legacy in Progress

At 67, Phil Murphy’s not done dreaming big. His second term, ending in January 2026, is a sprint to cement his mark.

He’s eyeing universal pre-K, tougher gun laws, and more affordable housing—issues that could define his tenure and boost his national profile. But he’s also realistic, knowing politics is a marathon, not a dash.

His 2021 reelection, a nail-biter at 51% to 48%, taught him that even popular leaders must keep proving themselves.

His legacy’s taking shape:

  • Economic Turnaround: From a state mocked as a “fiscal basket case” to one with a $6 billion surplus by 2024.
  • Social Justice: Marijuana legalization, paid family leave, and a $15 minimum wage bear his stamp.
  • Trailblazer Status: Sports betting and clean energy have made New Jersey a pacesetter.

What’s next? Some see him in Washington—maybe a Senate run, maybe the White House. Others think he’ll pivot to philanthropy, leveraging his wealth and Rolodex for global impact. Whatever it is, Murphy’s not fading quietly.

The Man Who Inspires

Phil Murphy’s story isn’t just about power—it’s about possibility. He’s the kid from Needham who scaled Wall Street, served in Berlin, and reshaped a state. He’s the governor who bets big, fights hard, and still stops for a coffee with voters.

For a website celebrating influencers, he’s a natural fit—not because he seeks the spotlight, but because he earns it.

His appeal is universal:

  • Underdog Spirit: From a struggling family to a global stage, he’s proof hard work pays off.
  • Bold Vision: He doesn’t tinker—he transforms, whether gambling laws or green energy.
  • Human Touch: In a cynical age, his sincerity stands out.

The Connector Who Bridges Divides

Phil Murphy’s magic isn’t just in his policies but in his ability to unite people. In a state as diverse as New Jersey, where urban Newark contrasts with rural Sussex County, he’s mastered the art of coalition-building.

He’s not a firebrand yelling from a podium; he’s a listener who turns dialogue into results. This knack for connection has made him a standout influencer, not just among politicians but among communities that rarely see eye to eye.

His bridge-building shines in moments like these:

  • Labor Love: He’s won over unions with pro-worker laws—think paid sick leave and apprenticeship programs—while still courting businesses with tax breaks.
  • Suburban-Urban Balance: His transit investments link city dwellers to suburban jobs, easing tensions over resource allocation.
  • Bipartisan Wins: Even with a Democratic legislature, he’s cut deals with GOP lawmakers on veterans’ benefits, showing pragmatism over partisanship.

This isn’t accidental—Murphy’s years at Goldman Sachs and in Germany taught him negotiation isn’t about winning, it’s about aligning interests.

In 2023, when a budget impasse loomed, he sat with lawmakers for marathon sessions, emerging with a deal that funded schools and cut property taxes. It’s this quiet tenacity that keeps him relevant, even when headlines fade.