In a striking turn of events, gold prices have soared to an all-time high globally, as investors seek refuge amid rising economic uncertainties, inflation fears, and fluctuating interest rates. The …
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.
- AfricaBusinessBusiness and EconomyEconomyGlobal NewsMarkets
- AFRICA NEWSBanking, Finance & InvestmentBusiness
Union Bank Launches Fourth Season of ‘Save and Win Palli’ Promo, Offering Over ₦131 Million in Prizes
Union Bank has announced the commencement of the fourth edition of its ‘Save and Win Palli’ promo, a nationwide campaign designed to reward both new and existing customers with cash …
- AgricultureBusiness and EconomyEastern AfricaEconomyManufacturing & Consumer GoodsTrade and Commerce
Sudanese Tea Exporters Fear Iran Market May Slip Away Amid Regional Tensions
Khartoum, Sudan – Just months after making headway into the Iranian market, Sudanese tea exporters are now grappling with fears of losing this promising trade route due to mounting regional …
In a move that has sent shockwaves through South Africa’s renewable energy sector, Eskom, the nation’s primary electricity supplier, has introduced stringent regulations targeting homeowners with rooftop solar installations. These …
- AfricaAFRICA NEWSBusinessBusiness and EconomyCryptocurrencyEconomyFinance & ServicesFintechNigeria
Africa Records 100 Million Crypto Users, Nigeria Tops Chart
Africa’s digital revolution is accelerating as cryptocurrency adoption surges across the continent, with a recent report revealing that over 100 million Africans are now using crypto assets—and Nigeria leads the …
- AFRICA NEWSAgricultureBusinessEconomyFood ProductionGOVERNMENTManufacturing & Consumer GoodsSecuritySenegalWestern Africa
Senegal’s Rice Revolution: Govt Plans Local Production of 1.4 Million Tonnes in 2025
In a bold move to curb import dependence and achieve food sovereignty, the Senegalese government has unveiled an ambitious plan to produce 1.4 million tonnes of rice locally by 2025, …
- Banking, Finance & InvestmentBusinessFinance & ServicesMarkets
Africa Advances Toward Financial Integration with New Currency Exchange Marketplace
Africa is making significant strides toward financial integration with the introduction of the Africa Currency Marketplace by the Pan-African Payment and Settlement System (PAPSS). This innovative platform aims to facilitate …
- AfricaBanking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesFintechTANZANIATechnology
Tanzania’s E-Payment Boom Sparks Shift Toward a Cashless Economy
Tanzania’s payment landscape is rapidly evolving, with a significant surge in electronic transactions inspiring a national shift towards a cashless economy, according to recent reports from financial authorities and tech …
- BusinessEastern AfricaTANZANIATrade and Commerce
TÜV Rheinland Secures Fresh 3-Year PVOC Contract with Tanzania Bureau of Standards, Expands Reach
In a move set to boost trade facilitation and product standardisation across East Africa, German inspection and certification giant TÜV Rheinland has renewed its Pre-Export Verification of Conformity (PVoC) contract …
- Banking, Finance & InvestmentBusinessBusiness and EconomyEconomyFinance & ServicesManufacturingNigeriaWestern Africa
CBN Reports Sustained Growth in Nigeria’s Economic Activities
The Central Bank of Nigeria (CBN) has reported that Nigeria’s economic activities continued their upward trajectory for the second consecutive month, signalling gradual recovery and renewed optimism among businesses. In …