In communication courses, coaches sometimes give an exercise: in a group where participants know little or nothing, they sit one of them on a chair and he stays silent, while …
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.
- AmazonBusinessEconomyMarketsSouth AfricaTechnology
Amazon is the first public company to lose $1 trillion in market value
Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing earnings updates triggered …
- BusinessEconomyInformation & TechnologySouth Africa
Elon Musk scraps new Twitter label hours after launch
Twitter launched two new verification tools Wednesday but “killed” one of them hours later in a messy start to owner Elon Musk’s campaign to revamp the influential platform following his …
- BusinessEconomyEnergyNigeriaUncategorized
Hossana foundation to train 10,000 of FCT youths with solar energy skills
A non-governmental organization, the Hope Hossana Foundation, is collaborating with the DG-Integrated Energy services, to train 10,000 youths in the Federal Capital Territory in the energy sector. The training project, …
- BusinessEconomyNigeriaTechnologyTelecommunications
NCC discovered a harmful app on Google Play Store and warns Nigerians against downloading
The Nigerian Communications Commission(NCC) has warned Nigerians to stay away from mobile applications from the ‘Mobile Apps Group’. According to the commission, the group had been discovered to release apps …
- BusinessEconomyMarketsMoroccoTechnology
Moroccan Fintech Startup WafR Raises $120,000 To Expand it’s Customer Base
Moroccan fintech startup WafR has raised $120,000 from Casablanca-based fintech-focused venture capital First Circle Capital in its fourth round of funding in 2022. WafR has raised $1.2 million this year which …
- Banking, Finance & InvestmentBusinessEconomyMoroccoTransportation & Logisitics
Morocco’s Railway Office Sign €192.4 Million Loan Deal with European Investment Bank
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 …
- 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 …
- 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 …