Uganda’s government has announced a major increase in its proposed national budget for the 2025/2026 financial year. According to the Ministry of Finance, Planning and Economic Development, the new budget …
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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- AfricaBusiness InsightsEastern AfricaEconomyFood ProductionKenyaPolicies
Kenya’s Inflation Hits 4.1% in April, Driven by Rising Food and Utility Prices
The inflation rate in Kenya has climbed to 4.1% in April 2025, rising from 3.6% recorded in March. This is according to new data released by the Kenya National Bureau …
- AfricaEconomyGlobal NewsNigeriaPoliticsTrade and Commerce
WTO Warns of Sharp Drop in Global Trade Amid Trump Tariff Uncertainty
The World Trade Organization (WTO) has issued a fresh warning that global trade is facing a serious setback in 2025, with North America expected to take the biggest hit. In …
- AfricaAgricultureEconomyEnergyNigeriaOil & GasPolitics
Oil Price Crash Hits African Producers Hard, Pushes Diversification Debate
The global oil market is in crisis again. In April 2025, the price of Brent crude oil dropped by more than 20%, sinking below $70 per barrel for the first …
- AFRICA NEWSAgricultureBusinessBusiness InsightsEconomyINVESTMENTMarkets
Equatorial Guinea, Congo, and Burkina Faso Make Economic Moves to Attract Global Attention
Equatorial Guinea has caught the interest of international investors after securing an investment-grade credit rating of BBB/A2 from Bloomfield Investment Corporation, a notable achievement for the small oil-rich Central African …
- AFRICA NEWSBusinessBusiness InsightsINVESTMENTNigeriaTechnology
AVCA Urges More Capital Investment in Nigeria’s Economy Amid Economic Recovery
The African Private Capital Association (AVCA) has called on investors to increase capital deployment in Nigeria to accelerate the country’s economic recovery and unlock growth in key sectors. This appeal …
- BusinessBusiness InsightsFinance & ServicesGOVERNMENTNigeriaTechnology
FIRS Sets Up National E-Invoicing Steering Committee to Boost Tax Compliance
The Federal Inland Revenue Service (FIRS) has inaugurated the National E-Invoicing Solution Inter-Agency Steering Committee as part of its efforts to modernise Nigeria’s tax administration and improve compliance across the …
- AFRICA NEWSBanking, Finance & InvestmentBusinessBusiness InsightsEconomyFinance & ServicesINVESTMENTMarkets
Nigerian Stock Market Gains N228bn as International Breweries, Cadbury Lead Rally
The Nigerian stock market opened the week strong on Monday, April 29, 2025, with investors witnessing a continued bullish trend. The market capitalisation rose by N228.48 billion as investors took …
- BusinessBusiness InsightsDevelopmentEconomyEnergyEntrepreneurshipFinance & ServicesNigeria
ROGEAP, Ecobank to Train 50 SMEs in Solar Energy Business
The Regional Off-Grid Electricity Access Project (ROGEAP), in collaboration with Ecobank Nigeria, has announced plans to train 50 small and medium enterprises (SMEs) in the solar energy sector through a …
- AFRICA NEWSBusinessBusiness InsightsEconomyINVESTMENTMarketsNigeria
Transcorp Hotels Grows Revenue by 52% in Q1 2025, Hits N21bn
Transcorp Hotels Plc, a subsidiary of Transnational Corporation Plc, has announced a major leap in revenue for the first quarter of 2025. The company recorded N21 billion in revenue, marking …