Sustainable investment firm, Mirova, has committed up to US$10 million in five-year debt funding to ARC Ride, a Nairobi-based electric mobility startup, marking its first electric vehicle investment in Sub-Saharan …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
- AfricaBusinessEnergyFinanceSustainabilityTechnology
- AfricaBusinessEconomyFinanceInnovationTechnology
Unstoppable Africa 2025: New AI and Investment Initiatives Put Africa on Global Innovation Map
New York, September 22, 2025 – Africa took major steps towards positioning itself at the centre of global innovation as new projects and initiatives were announced at the Unstoppable Africa …
- Central BankingEconomyFinanceForeign ExchangeINVESTMENTMarkets
Nigeria’s External Reserves Hit Six-Year High, Cross $42bn Mark
Nigeria’s external reserves have risen to their highest level in six years, crossing the $42bn threshold for the first time since September 2019. Fresh data from the Central Bank of …
- DevelopmentDiplomacyEconomyGovernanceInternational RelationsTrade
EU Appoints Rune Skinnebach as New Ambassador to Ghana, Strengthens Bilateral Ties
Rune Skinnebach has officially assumed office as the new Ambassador of the European Union (EU) to Ghana after presenting his Letters of Credence to President John Dramani Mahama at the …
- BusinessEnergyGhana EconomyInfrastructurePublic UtilitiesRegulation
ECG Seeks Tariff Adjustment After $408m Investment in Ghana’s Power Supply
The Electricity Company of Ghana (ECG) says it has invested more than $408 million in the last three years to strengthen electricity supply and improve customer service, and is now …
- BankingBusinessFinancial InclusionGhana EconomyPolicy & RegulationRegional Security
Bank of Ghana Engages Religious Leaders on Non-Interest Banking Framework
The Bank of Ghana (BoG) has met with Christian and Muslim leaders in Accra to discuss Non-Interest Banking and Finance (NIBF) as part of its ongoing consultations to create a …
- BusinessCapital MarketCorporate ServicesEconomyFinanceINVESTMENTNigeriaTelecommunications
Airtel Africa Returns $34.7m to Shareholders Through Ongoing Share Buyback
Airtel Africa Plc has returned a total of $34.7 million to its shareholders after repurchasing 14.2 million shares under its ongoing share buyback programme. The telecoms and mobile money services …
- BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Zenith Bank Half-Year Profit Hits N532bn, Gross Earnings Rise to N2.5tn
Zenith Bank Plc has reported strong financial results for the first half of 2025, growing its gross earnings to N2.5 trillion as of June 30, 2025. This represents a 20 …
- BankingCapital MarketCorporate GovernanceDebt Management,FinanceINVESTMENT
Union Bank Completes N6.31bn Bond Redemption
Union Bank of Nigeria has successfully completed the full redemption of its Series 2 bond, paying both principal and coupon totalling N6.31 billion on September 3, 2025. The repayment marks …
- Economic DevelopmentFinanceGovernanceTaxationTechnology
Ekiti Commends SoftAlliance for Driving Revenue Growth with Digital Tax Solutions
Ekiti State government has commended its technology partner, SoftAlliance, for playing a major role in modernising the state’s revenue collection system through its flagship digital solutions, SoftTax and the Central …