The Kengaroo is a weekly newsletter that curates the latest on Gen Z culture in Africa and around the world. Subscribe to be among the first to get the next issue when it’s up.

🔥 Hot Topics

1 • Gen Zs are living the Mr. Money Life

From a survey of 14,500 teenagers in the US, research firm Piper Sandler documents its findings on the latest spending trends, patterns, and behaviours of Gen Z in America. They found that American Gen Zs are spending 3% more now than they did at this time last year, but 2% less than they did at the beginning of the year.

2 • After eating up Instagram’s bag, TikTok is now chasing Spotify’s

ByteDance, the parent company of TikTok, is reportedly in talks with music labels in an effort to expand its music streaming services globally. This is part of the company’s strategy to have music-streaming become part of TikTok's offerings, acting as a major platform to distribute music globally. They clearly don’t want us to ever leave that app.

3 • Dubious influencer-backed financial advice harming Gen Zs

As the gig economy continues gaining more popularity among ‘quiet-quitting’ and ‘act-your-wage’ Gen Zs, more Gen Zs are taking up passive income gigs and opportunities promoted by the influencers they follow only to end up getting scammed. Maybe it’s time for the 34% of Gen Zs who reportedly consume financial advice from TikTok to turn a new leaf.

4 • Why Gen Zs are stressed about their professional futures

Research published today by global consulting firm McKinsey & Company reports on the anxiety-ridden sentimentalities that Gen Zs aged 18-24 have about their current jobs and their conception of future jobs. This report also explains the mental health triggers that Gen Zs face in the world of work as it exists today.

⭐️ Z-Brand Spotlight

Curlfit is a sustainable haircare brand founded by Nigerian entrepreneur Temitope Babalola. The brand is known for its vibrant temporary hair colors for young people with wavy, curly and coily hair that can wash off whenever they want, without damaging their natural hair.

They also sell temporary tattoos for people (like you, maybe) who want to look like a bad bitch for a few hours 😌

✨ New on Kenga

Cover 2 of 5 — The Silicon Issue

Cover 1 of 5 — The Silicon Issue

🎭 Toon of the Week

🎵 Tok of the Week

🐦 Tweet of the Week