The International Air Transport Association (IATA) has announced a 5.0 per cent increase in global air passenger traffic for May 2025, showing steady recovery and resilience in the aviation sector …
Radarr Africa
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AviationBusinessEconomyTravel & Tourism
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EconomyTechnologyTelecommunicationsTransportation & Logisitics
Posta Kenya Battles for Relevance as Private Couriers Dominate Mail
The Posta Corporation of Kenya (PCK), popularly known as Posta, is currently battling for survival as it continues to lose relevance in the modern communication and logistics industry. Once the …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesNewsPoliciesSouth Africa
South African Inflation Expectations Crushed
South African analysts, business leaders, and trade unions have lowered their inflation expectations for the coming years, according to the latest survey released on Wednesday. This shift could encourage the …
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesKenyaPolicies
East African Central Banks Turn to Gold to Boost Foreign
East African countries are gradually shifting their foreign exchange (FX) reserve strategies by adding more gold, a move aimed at reducing dependence on the U.S. dollar and protecting their economies …
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AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyInfrastructureNewsSouthern AfricaZAMBIA
Zambia Launches Largest Solar Power Plant to Boost Energy Security
Zambia’s President, Hakainde Hichilema, on Monday officially opened the country’s largest grid-connected solar power plant, a major step towards strengthening the nation’s electricity supply. The 100-megawatt solar facility, located in …
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AfricaAFRICA NEWSALGERIAInternational RelationsNewsNorth Africa
Algerian Court Upholds Five-Year Sentence for Franco-Algerian Writer Boualem Sansal
An Algerian appeals court on Tuesday upheld a five-year prison sentence for prominent Franco-Algerian writer Boualem Sansal, sparking strong diplomatic responses from France, which renewed its call for clemency based …
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DevelopmentEnergyFinance & ServicesInfrastructureSouthern Africa
AfDB Grants $139m Loan to Johannesburg for Infrastructure Upgrade in Landmark
The African Development Bank Group (AfDB) has approved a corporate loan of ZAR 2.5 billion (approximately $139 million) to the City of Johannesburg Metropolitan Municipality, making it the first time …
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AfricaAFRICA NEWSBusiness and EconomyEconomyMarketsPoliciesSouth Africa
South African Rand and Bonds Strengthen on Optimism Over Possible Inflation Target Cut
South Africa’s financial markets showed signs of renewed strength on Tuesday, as the rand firmed and government bonds rallied, supported by growing investor optimism that the country could be moving …
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Eastern AfricaFinance & ServicesINVESTMENTManufacturingMarketsReal Estate
Olympia Capital Posts KSh 17.6m Profit Despite Revenue Dip
Olympia Capital Holdings Limited has announced a net profit of KSh 17.6 million for the financial year ended 28 February 2025, reflecting a 50 percent decline from the KSh 35.2 …
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AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyEnvironmentPoliciesUGANDA
Uganda to Begin Ethanol Fuel Blending in 2025
Uganda’s Ministry of Energy has announced a new fuel policy that will require all petrol sold in the country to be blended with locally produced ethanol starting January 2025, a …