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African neo-Pentecostal prophets (ANPPs) address the issue of economic powerlessness in un(der)developed regions of Africa by reviving elements of the premodern African magical economy. They use anointed objects, such as anointed water, for economic purposes, while African Traditional Religions (ATR) use magical charms in their economic life. Therefore, with their anointed objects, ANPPs revive the premodern ATR worldview of the economy. This research is guided by the following question: in what ways do ANPPs’ anointed objects syncretise with the occult economy of African Traditional Religions (ATRs) in their responses to the prevailing economic powerlessness in African contexts? ANPPs perpetuate the magical economy practiced by premodern African societies who sought to alleviate their un(der)development by using magic to exert control over the spiritual world to acquire material wealth. Thus, ANPPs are challenged to adopt a scientifically informed response that empowers Africans to address structural elements that perpetuate un(der)development in contemporary Africa.