9mobile has come out in full force to dismiss the recent rumors swirling about a possible shutdown of its operations. In a firm statement issued by top management, the telecom …
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.
- 9mobileBusinessInformation & TechnologyNigeriaTechnologyTelecommunicationsWestern Africa
- BusinessBusiness and EconomyEconomySouthern AfricaZIMBABWE
Zimbabwe Moves to Slash Business Taxes and Fees
In a decisive move to bolster the nation’s economic landscape, the Zimbabwean government has announced plans to significantly reduce taxes and regulatory fees within the next six months. This initiative …
- EconomyNigeriaTrade and CommerceWestern Africa
How Free Trade Zone Operators Undermine Local Industries, Stakeholders Cry Out
Concerns have continued to mount over the negative impact of operations in Nigeria’s Free Trade Zones (FTZs) on local businesses and manufacturers, as industry stakeholders decry what they describe as …
- AfricaBusinessEntrepreneurship
Tony Elumelu Foundation Empowers 3,000 African Entrepreneurs with $15 Million Grant
Demonstrating a steadfast commitment to fostering entrepreneurship across Africa, the Tony Elumelu Foundation (TEF) has unveiled a $15 million grant to support 3,000 emerging entrepreneurs from 52 African countries. Each …
Nigeria’s leading financial institutions are gearing up for a show of strength as the SAT Nigeria SME Awards approaches, with banks such as Providus Bank, Wema Bank, and Access Bank …
- NigeriaTransportation & LogisiticsWestern Africa
SON Intensifies War Against Substandard Tyres, Moves to Block Dangerous Imports
In a renewed effort to rid Nigeria’s markets of life-threatening products, the Standards Organisation of Nigeria (SON) has stepped up enforcement actions against the importation and circulation of substandard tyres. …
- Business and EconomyEastern AfricaEconomyTrade and CommerceUGANDA
Uganda’s Merchandise Imports Surge by 45% Amidst Economic Growth
Uganda has reported a substantial increase in its merchandise imports, reflecting a 45% growth over the past year. This surge is indicative of the country’s expanding economic activities and increasing …
- AfricaBanking, Finance & InvestmentBusinessBusiness and EconomyEastern AfricaEthiopiaFinance & Services
Ethiopia Licenses First Investment Banks, Expands Capital Market Services
In a landmark development for Ethiopia’s financial sector, the Ethiopian Capital Market Authority (ECMA) has granted licenses to five new capital market service providers, including the country’s inaugural investment banks. …
- AgribusinessAgricultureBusinessBusiness and EconomyEconomyFood ProductionINVESTMENTNigeriaWestern Africa
Stakeholders Urge Government to Formulate Policies to Attract Agricultural Investments
Agricultural stakeholders have called on the Nigerian government to create and implement policies that attract private sector investments into the agricultural sector. They emphasize that such policies are essential to …
- AfricaEconomyEgyptNorth Africa
Egypt’s Economic Reform Program: IMF Approves $1.2 Billion Disbursement Amidst Inflation Challenges
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt following the completion of the fourth review of the country’s economic reform program. This decision underscores the …