The National Insurance Commission (NAICOM) has entered a strategic partnership with Ghana’s insurance regulator to boost the growth of marine insurance and deepen intra-African cooperation, especially within the West African …
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.
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- BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTTechnology
FIRS to Launch Nationwide E-Invoicing System in July to Boost Tax Transparency
The Federal Inland Revenue Service (FIRS) has announced that it will roll out a nationwide electronic invoicing (e-invoicing) system by July 25, 2025, as part of ongoing efforts to improve …
- Banking, Finance & InvestmentBusinessInnovationINVESTMENTMarketsNews
Ecobank to Raise $250 Million to Strengthen Capital Base, Boost Pan-African Growth
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has secured approval from its shareholders to raise up to $250 million through an Additional Tier 1 (AT1) capital …
- EconomyFinance & ServicesGOVERNMENTInfrastructureNigeria
FG Defends Proposed $24 Billion Loan, Says It Won’t Raise Debt Burden Immediately
The Federal Government has come out to defend its proposed $24 billion borrowing plan, saying it will not automatically increase the country’s debt burden or worsen its financial position. This …
- AfricaDevelopmentEconomyFinance & ServicesLeadershipPolitics
Race for Africa’s Next Super Banker Heats Up as AfDB Presidency Election Holds Thursday
The race to lead the African Development Bank (AfDB) enters its final lap this Thursday as five candidates — including one woman — compete to succeed Dr. Akinwumi Adesina, Nigeria’s …
- AfricaHealthcareInnovationINVESTMENTNigeriaTechnology
African Startups Use Artificial Intelligence to Improve Healthcare and Attract Big Investors
Across Africa, young tech companies are using artificial intelligence, also known as AI, to solve serious problems in the health sector. These new healthtech startups are helping patients get better …
- AfricaBusinessDevelopmentEastern AfricaEconomyEnergyInfrastructureINVESTMENTKenyaSouth AfricaTANZANIATransportation & LogisiticsUGANDAZAMBIA
TransCentury Returns to Profitability After Major Turnaround Strategy
TransCentury Plc, an infrastructure investment company based in Nairobi, Kenya, has returned to profit after facing financial challenges for several years. The company, which is listed on the Nairobi Securities …
- AfricaCentral AfricaDevelopmentEconomyEducationNatural ResourcesPolicies
AfDB 2025 Annual Meetings Focus on Making Africa’s Capital Work for Its Own Growth
Africa is moving into a new chapter that could define its future not by problems, but by opportunities. With a fast-growing population expected to reach 2.5 billion by 2050, the …
- AfricaBuildingBusinessBusiness InsightsDevelopmentEducationEntrepreneurshipFinance & ServicesInfrastructureInnovationINVESTMENTMarketsReal Estate
Financing Your Property Investment
The discerning investor, having meticulously applied the financial yardsticks of Cap Rate, NOI, and IRR (as explored in Module 1) and subsequently conducted a thorough market analysis to understand the …
- AfricaCryptocurrencyEventsFinance & ServicesFintechKenyaPoliciesTechnology
Kenya to Host Third Edition of Blockchain and Crypto Conference Backed by Binance
Kenya is set to host the third edition of the Kenya Blockchain and Crypto Conference, also known as KBCC 2025. The event, which will take place at the A.S.K Dome …