The National Insurance Commission (NAICOM) has released new operational guidelines for Insurtech companies in Nigeria, in a move aimed at improving innovation, protecting consumers, and growing digital insurance in the …
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.
- EconomyGOVERNMENTHousingInfrastructureReal EstateUrban Development
Nigeria Announces N70 bn Urban Housing Fund to Reduce Deficit
The Federal Government of Nigeria has raised over N70 billion to fund large-scale housing developments across urban centres in the country, using Public-Private Partnerships (PPPs) as a major source of …
- AgricultureEconomyEnvironmentGOVERNMENTHumanitarianInsurance
Malawi Gets $3.3m Drought Insurance Payout to Support Hunger Crisis
The Government of Malawi has received a $3.3 million (about K6 billion) insurance payout from the African Risk Capacity (ARC) to help cushion the impact of the ongoing drought crisis …
- AFRICA NEWSEconomyGOVERNMENTProtestsSocial IssuesTransportation
Taxi Drivers’ Strike Brings Luanda to a Halt Over Fuel Price Hike
The capital city of Angola, Luanda, has been brought to a virtual standstill after candongueiro (minibus taxi) drivers launched a three-day strike on Monday, 28th July 2025. The protest was …
- AfricaDiplomacyHuman RightsInternationalMiddle eastPolitics
Ramaphosa Embraces Global Support for Palestinian Statehood
South African President Cyril Ramaphosa has welcomed the decision by several countries to support the recognition of Palestine as an independent state, saying the world can no longer turn a …
- AgricultureGovernanceLandLawPoliciesRural Development
Zambia Agriculturists Advocate Land Reform, Warn Against Abuse
The Agricultural Institute of Zambia (AIZ) has thrown its weight behind the proposed Lands and Deeds Registry (Amendment) Bill, 2025, but has also raised key concerns about the implementation of …
- CommoditiesEconomyFinance & ServicesGOVERNMENTInternational AffairsTrade and Commerce
Ghana Records $5.57 bn Trade Surplus in H1 2025
Ghana’s economy recorded a major boost in the first six months of 2025, as the country posted a trade surplus of $5.57 billion, according to fresh data from the Bank …
- Child SafetyEducationInternational AffairsLawPoliticsTechnology
YouTube Included in Australia’s Social Media Ban for Teens
Australia has announced a major decision to ban children under the age of 16 from having social media accounts, and YouTube has now been officially added to the list of …
- BusinessEconomyHealthcareINVESTMENTStartupsTechnology
W Health Ventures Plans $100 m for Indian Health Startup Growth
W Health Ventures, a health-focused investment company, is planning to raise a new fund of $70 million (about ₦105 billion) with a possibility of going as high as $100 million …
- Business and EconomyDevelopmentDiasporaHousingReal Estate
FMBN Offers Mortgage Loan to Nigerians in Diaspora
The Federal Mortgage Bank of Nigeria (FMBN) has introduced a special mortgage loan for Nigerians living abroad. The new product, called the Diaspora Mortgage Loan, was officially launched by the …