The Moroccan government is in the process of drafting legislation that would scrap taxes on imported medications. According to a government statement released on Saturday, Morocco’s Minister of Health and …
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.
- EconomyFinance & ServicesHealthcareMorocco
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USAID and GiveDirectly NGO Provides $4 million to Support Moroccan Agricultural Cooperatives
The United States Agency for International Development (USAID) and the International NGO GiveDirectly have decided to provide an additional $4 million to support Moroccan agricultural cooperatives suffering from recent economic …
- Global NewsTechnologyTransportation & LogisiticsWestern Africa
Mercedes-Benz launches electric SUV including powerful AMG model
Mercedes-Benz Group AG is broadening its battery-powered lineup with a sport utility vehicle that will take on Tesla Inc.’s Model Y in another step toward the automaker’s goal to go …
British multinational Diageo Plc’s proposed purchase of additional shares in EABL values the company at Sh151 billion, signaling an undervaluation of the brewer at the prevailing market price prior to …
The 5th edition of the youth connect summit ended in Kigali, Rwanda Saturday (Oct. 15) after 3 days of conferences, masterclasses and networking sessions. Thousands of young innovators and leaders …
Top commercial banks have started increasing lending rates by up to 1.1 percentage points after the Central Bank of Kenya (CBK) raised its benchmark interest rate by the biggest margin …
- BusinessGlobal NewsInformation TechnologyTechnology
Elon Musk confirms SpaceX’s funding of Ukraine’s Starlink service
Elon Musk said Space Exploration Technologies Corp. will continue to fund its Starlink broadband service in Ukraine in an apparent step back from seeking support from the US Defense Department. …
- BusinessEconomyINVESTMENTKenya NewsUncategorized
Kenya and Netherlands Sign MoU To increase Trade and investment Between The Two Countries
The Kenya Investment Authority (KenInvest) and the Netherland Business Hub (NLBH) have agreed to reinforce their collaboration towards increasing trade and investment between Kenya and the Netherlands. This has resulted …
- BusinessNigeriaTransportation & LogisiticsWestern Africa
Badagry Deep SeaPort to generate $53 billion within concession period, Sanwo Olu says
The Governor of Lagos State, Babajide Sanwo-Olu has said that the $2.9 billion Badagry Deep Seaport is expected to generate over $53billion within its concession period. Sanwo-Olu disclosed this in a …
Tesla Inc. shares tumbled about 50% from their all-time high, amid a broader selloff in the US stock market that has hit growth and technology companies especially hard. The electric …