Renault Tanger, a French car manufacturer, announced today plans to launch its first electric car manufacturing line in 2023. The company made the announcement on Tuesday during a ceremony celebrating …
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.
Tea prices at the weekly Mombasa auction dipped slightly this week amid decreased demand for the commodity. At this week’s auction, a kilo averaged USD2.24(Sh269.92) down from USD2.28(Sh274.74) last week. …
ACSA, Airports Company South Africa on Thursday (15 September) reported its financial results for the year ended March 2022, which it says largely reflect a difficult operating environment for the …
- BusinessGlobal NewsNigeriaTechnologyWestern Africa
Nigerian government partners with France to improve electricity supply
The Nigerian government and the French Development Agency (AFD) in France has signed a grant agreement of €25 million for the Northern Corridor Project jointly funded by the European Union and …
- BusinessGlobal NewsSpotlightTechnology
Zoom introduces Zmail, takes on Google with email and calendar apps
Online video conferencing company Zoom is preparing to roll out email and calendar apps, The Information reports. The apps have supposedly been in development for the past two years, with …
FGN savings bonds worth N2.1 billion were allotted to retail investors in the Nigerian capital market by the Debt Management Office (DMO). This information was disclosed by the debt office …
Google on Wednesday lost its appeal against a record €4.34bn EU competition fine for using the dominance of its Android mobile phone operating system to thwart competition. In a statement, …
- EconomyKenya NewsTransportation & Logisitics
Standard Gauge Railway profit grow 7.8pc to Sh7.1 billion
Cargo and passenger revenues from the Standard Gauge Railway (SGR) rose 7.8 percent to Sh7.1 billion in the six months to June, extending recovery from the global Covid-19 disruptions. The …
- Banking, Finance & InvestmentEconomyMorocco
European Bank team up with Credit Agricole to Boost Climate Financing in Morocco
The European Investment Bank (EIB) announced today sealing a technical assistance deal with Credit Agricole Maroc to boost climate financing in Morocco. In a press release, EIB announced the launch …
Morocco’s Research Institute for Solar Energy and New Energies (IRESEN) announced on Wednesday that it “successfully completed” the installation of its first micro-pilot green hydrogen production system. The pilot project …