In a significant financial development, the Ugandan government amassed a total of Sh2.27 trillion in February 2025 through the issuance of its securities, as detailed in the latest economic performance …
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.
- BusinessBusiness and EconomyEastern AfricaEconomyFinance & ServicesGOVERNMENTSecurityUGANDA
- BusinessBusiness and EconomyEconomyEntrepreneurshipNigeriaWestern Africa
BOI, WCCIMA Unveil ₦10bn Fund to Empower Women-Led Businesses
In a landmark move to bolster women entrepreneurship, the Bank of Industry (BOI), in collaboration with the Women Chamber of Commerce and Industry, Mines, and Agriculture (WCCIMA), has launched a …
- Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Baobab Nigeria Disburses Over N323bn in Loans to Empower MSMEs
Baobab Microfinance Bank has reaffirmed its commitment to empowering small and medium-sized enterprises (SMEs) and micro-entrepreneurs across Nigeria by disbursing loans worth over N323bn to more than 407,000 customers. This …
- CrimeEconomyNigeriaSecurityWestern Africa
Customs Intercepts $193,000 Concealed in Yogurt Carton at Abuja Airport
The Nigeria Customs Service (NCS), Federal Capital Territory (FCT) Command, has intercepted $193,000 in undeclared foreign currency concealed within a yogurt carton at the Nnamdi Azikiwe International Airport, Abuja. This …
- AfricaEastern AfricaEconomyKenyaKenya NewsPolitics
Kenyan Governors Issue 14-Day Ultimatum to Treasury Over Sh116 Billion Funding Dispute
The Council of Governors (CoG) in Kenya has issued a stern 14-day ultimatum to the National Treasury, demanding the immediate disbursement of Sh78.03 billion in delayed County Equitable Share funds …
- AFRICA NEWSBusinessBusiness and EconomyDigital EconomyFintechNigeriaTechnologyWestern Africa
Visa Inc. to Establish Data Center in Nigeria
In a significant boost to Nigeria’s digital economy, global payment giant Visa Inc. has announced plans to establish a data center within the country. This move underscores Visa’s commitment to …
- AgribusinessAgricultureBusinessBusiness and EconomyFood ProductionNigeriaTrade and CommerceWestern Africa
Nigeria’s Cashew Industry Poised for Growth as Stakeholders Push for Sustainability
Nigeria’s Cashew Industry Poised for Growth as Stakeholders Push for Sustainability As Nigeria’s cashew season begins, industry stakeholders are calling for renewed efforts to strengthen the sector through sustainable farming …
- Business PoliciesEconomyFinance & Services
Economists Criticize SARB’s Decision to Maintain Interest Rates Amid Economic Challenges
The South African Reserve Bank (SARB) recently opted to keep the benchmark interest rate steady at 7.5%, a move that has drawn criticism from economists who believe the central bank …
First City Monument Bank (FCMB) has broadened its reach by inaugurating a new branch in Ogbomosho, Oyo State, aiming to enhance financial inclusion and stimulate economic growth in the region. …
- AgricultureEconomyNigeria
Nigeria and Brazil Launch $1.1 Billion Green Imperative Project to Enhance Food Security
In a strategic move to bolster food security and agricultural productivity, Nigeria and Brazil have officially commenced the commercial phase of the $1.1 billion Green Imperative Project (GIP). This landmark …