As China and Egypt, now fellow BRICS members, prepare to celebrate 70 years of diplomatic relations in 2026, both countries are strengthening their economic and political cooperation through major agreements …
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.
- DevelopmentEconomyEnergyFinance & ServicesInternational Relations
- AfricaEnergyInfrastructureINVESTMENTOil & Gas
OPEC Demands $14.9tn Upstream Oil Investment to Meet Global Demand by 2050
The Organisation of the Petroleum Exporting Countries (OPEC) has raised an alarm over the need for serious and continuous investment in the global oil and gas sector, especially in upstream …
Nigeria’s former President, Muhammadu Buhari, is dead. He passed away at the age of 82 in a clinic in London, United Kingdom, where he had been receiving medical care since …
- AFRICA NEWSBanking, Finance & InvestmentEconomyGhana
Standard Chartered Ghana Declares GH¢227.94m Dividend Amid Focus on Long-Term Growth
Standard Chartered Bank Ghana PLC has declared a total dividend payout of GH¢227.94 million to its shareholders, following the release of its financial report for the year ended December 31, …
- AgricultureDevelopmentEconomyGOVERNMENTInfrastructureINVESTMENT
MiDA Partners IFC to Attract Big Investment into Ghana’s Agric Sector
The Millennium Development Authority (MiDA) is working closely with the International Finance Corporation (IFC) to attract massive investment into Ghana’s agricultural sector. This collaboration is expected to boost agribusiness development …
- Banking, Finance & InvestmentDevelopmentEconomyGOVERNMENTInfrastructure
Libya’s Central Bank Urges Banks to Support Revival of Abandoned Housing Projects
The Central Bank of Libya (CBL) has made a strong appeal to the country’s banks and financial institutions to take the lead in reviving long-abandoned housing projects and supporting urban …
- Business and EconomyFinance & ServicesGOVERNMENT
Kenya’s Dollar Reserves Hit $11.2bn as Shilling Holds Strong
Kenyan traders and importers have every reason to breathe a sigh of relief, as the Central Bank of Kenya (CBK) has confirmed that the country’s US dollar reserves are strong …
- BusinessEconomyGOVERNMENTManufacturingTrade and Commerce
South Africa Risks $2.3bn Loss as US Tariffs Threaten Key Exports
South Africa is staring at a potential economic setback as new United States tariffs could see exports to the US fall by as much as $2.3 billion annually. This is …
- BusinessEconomyGlobal NewsGOVERNMENTLabourZIMBABWE
Zimbabwe Diamond Firm Sacks 400 Workers as Global Gem Prices Crash
Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest diamond mining firm, has announced it is laying off 400 workers due to a global slump in the market for natural diamonds. …
- AfricaBusinessDigital EconomyEntertainmentFinance & ServicesInnovationMusicTechnology
Digital Music Distributor Now processes Naira Transactions, pays royalties in Naira – More African Currencies to Follow
VerseOne Distribution is excited to bring to public knowledge that artists on the platform can now receive their music royalties in Nigerian Naira, and can also pay for add-on services …