Morocco’s National Railways Office (ONCF) signed a MAD 2.1 billion (€192.49 million) agreement on Wednesday. The budget represents 80% of an overall loan budget of €250 million the bank offered to …
Radarr Africa
- Banking, Finance & InvestmentBusinessEconomyMoroccoTransportation & Logisitics
- BusinessEconomyEnergyNigeriaSpotlightUncategorized
Nigeria pushes for $400bn energy transition plan funding
The Federal Government is pushing for funding to the tune of $400bn to help implement Nigeria’s Energy Transition Plan. The Minister of Environment, Mohammed Abdullahi, said the push was being …
- BusinessEconomyMarketsSouth AfricaSPORTUncategorized
Adidas appoints former Puma boss as it’s new CEO
Adidas on Tuesday named Bjorn Gulden, chief of rival outfitter Puma, as its new CEO as the German sportswear giant seeks to emerge from months of turbulence. The Norwegian former …
- AmazonBuildingBusinessEconomyFinance & ServicesSouth Africa
Big win for Amazon’s new headquarters in South Africa
The developers behind the R4.6-billion multi-purpose complex in Cape Town set to house Amazon’s new African headquarters scored a major court win on Tuesday. The Supreme Court of Appeal dismissed …
- BusinessEconomyFinance & ServicesSouth AfricaTelecommunications
Concerns about social grants as Telkom threaten to terminate it’s IT service to SAPO
The expiration of Telkom’s contract to supply IT services to the South African Post Office (SAPO) could affect the provision of social grants to millions of South Africans. While reports …
- BusinessEconomySouth AfricaTransportation & Logisitics
Transnet to meet with amakhosi and South African Police Service to resolve threats and derailment
After a train carrying export coal to Richards Bay was derailed near Ulundi on Tuesday, Transnet said it would meet with traditional leaders in the area as it is extremely …
- AgricultureBusinessEastern AfricaINVESTMENTManufacturing
Government partner with FFI to Establish a Green Fertilizer Plant in the country
The government has entered a partnership with Fortescue Future Industries (FFI) to establish a green fertilizer plant in the country in a bid to reduce reliance on imports. Under the …
Retail chain Carrefour will open its first Central Business District Branch (CBD) branch in Nairobi, seeking to compete with already established brands such as Naivas and Quickmart. The Majid Al …
- AirtelBusinessMarketsNigeriaTechnologyUncategorized
Jumai CEOs Sacha piognonnec and jeremy hodara step down as firm suffers losses
The founders and co-Chief Executive Officers of Jumia Technologies, Sacha Poignonnec and Jeremy Hodara, have both stepped down from their position with immediate effect. This is as the Africa-focused e-commerce …
- AgricultureBusinessEconomyMarketsMoroccoUncategorized
Moroccan Tomato Producers announces their plans to Double tomato Exports
The Moroccan Association of Fruit and Vegetable Exporting Producers (APEFEL) has announced its plans to double tomato exports amid the ongoing water scarcity crisis. The source added that the tomato exports …