Importers of agricultural machineries and inputs are eligible to access loans from external lenders, following a directive amendment by the National Bank of Ethiopia (NBE). The amended directive, which came …
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.
- AgricultureEconomyEthiopiaFinance & Services
Cotton growers in Ethiopia resort to unauthorized GMO cotton illegally smuggled from Sudan. Bt-RR cotton seed is currently being cultivated in Afar, Metema, Benishangul Gumuz and Gambella regions after being …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyNewsSouth AfricaSouthern Africa
AFDB appoints Nomfundo Xenia Ngwenya as the new executive director for South Africa, Eswatini, and Lesotho.
The African Development Bank(AFDB) has named five women including South Africa’s Nomfundo Xenia Ngwenya as executive directors for a three-year term. In total, 12 executive directors were appointed, according to …
- Banking, Finance & InvestmentEconomyMorocco
Malika Dhif has been Appointed by AFDB as the New Executive Director for Morocco, Togo and Tunisia
Malika Dhif, former deputy director at Morocco’s Directorate of Treasury and External Finance, has been appointed as the new executive director for Morocco, Togo, and Tunisia at the African Development …
- BusinessEastern AfricaEconomyTransportation & Logisitics
New Cargo Vessel Links Kisumu Port to EAC Region for the transportation of goods
A 2,000 tones capacity Marine Vessel, Pamba Wagon Ferry owned by Mango Tree Group commenced the transportation of goods from the Kisumu Port to the East Africa region on Monday. …
- Eastern AfricaEconomyOil & Gas
Fuel shortage hits ahead of price as investors sanguine in market stocks
Motorists have been hit by a fuel shortage following rationing to some retail outlets in Nairobi amid fears that marketers have cut volumes in anticipation of higher prices from Wednesday …
- AFRICA NEWSEastern AfricaEconomyInformation Technology
Kenya and Africa are Ready to link with the Future of Cloud
It is sometimes too easy for the world to wrongfully assume that Africa lags too far behind the global cloud innovation revolution happening. That is a fundamentally flawed outlook. As …
- AfricaAFRICA NEWSNewsNigeriaReal EstateRwandaSterling HomesWestern Africa
Sterling Homes CEO, Dr. Kunle Adeyemi Wins International Award of Excellence
Dr. Kunle Adeyemi, The CEO of Nigeria’s foremost real estate company, Sterling Homes has been honoured with an award of excellence by the National Association of Yoruba descendants in North …
- EconomyFinance & ServicesMorrocco
United State Listed Morocco Among Financially Transparent Countries
Morocco meets the minimum requirements for financial transparency, according to a report from the US State Department. Released on Friday, the report assesses 141 countries in terms of financial transparency …
United Arab Emirates(UAE) has leapfrogged India to become Kenya’s second largest source market after China on the back of soaring oil prices, official statistics show. Provisional trade data on Friday …