The Competition Authority of Kenya(CAK) has approved the conversion of loans advanced by three foreign firms to internet and pay TV provider, Wananchi Group into equity shares. The companies, Triple …
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.
- Banking, Finance & InvestmentBusinessEastern AfricaEconomy
- BusinessEconomyMorocco
Morocco’s National Port reported a Turnover of 14% in MAD at the end of the first half of 2022
Marsa Maroc, the national operator of Moroccan ports, reported a turnover of MAD 1.9 billion ($179.5) at the end of the first half of 2022, marking a 14% increase from …
- AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern AfricaTechnology
Electronic issuance of receipts becomes mandatory in Egypt
Electronic issuance of receipts in Egypt has become compulsory as the Minister of Finance sets deadline for all firms operating in Egypt to join the e-receipt system. According to Minister …
- AfricaAFRICA NEWSAviationGlobal NewsNewsNigeriaTransportation & LogisiticsWestern Africa
Delta Airline suspends New York to Lagos Flights, effective Oct 4
Delta Airline, United States’ longest serving flight operator in Nigeria has revealed that it will from October 4, 2022, suspend flight operations between JFK airport, New York and Lagos. In …
- Business and EconomyBusiness InsightsProduct ComparismProduct ReviewSouthern Africa
How The Emergence Of E-commerce Has Affected The Traditional Trading System.
Following its origin from the trade by barter system to the development of a market place, trading has since evolved from the traditional mode of buying and selling which involved …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessGlobal NewsNewsNigeriaWestern Africa
Fidelity Bank set to acquire Union Bank UK
Fidelity Bank Plc has entered a binding agreement to acquire a 100 percent equity stake in Union Bank UK Plc. The bank made this known in a corporate filing on …
- Banking, Finance & InvestmentBusinessSouthern AfricaTechnology
Vodacom launches Vodalend, a cash loan service
Vodacom has launched its cash loan service called VodaLend Cash Advance, a product that allows its customers to take out small short-term cash loans. The mobile network operator said the …
- BusinessInformation & TechnologySouthern Africa
DStv makes an addition of two new channels in June and July
DStv in the past two months added NHK World-Japan and Hilaal TV to its channel list and they are both available to subscribers on all packages. NHK World-Japan launched on …
- Banking, Finance & InvestmentBusinessMarketsMorocco
Morocco’s central bank,(BAM) and AMMC Warn Against scams
Morocco’s central bank, Bank Al-Maghrib (BAM), and the Moroccan Authority for Capital Markets(AMMC) released on Monday a joint statement warning against pyramid selling and ponzi schemes. The press release noted that …
- BusinessEastern AfricaEconomyFinance & Services
Kenyan founded Fintech Pezesha Raises $11m in Pre-Series by Women’s World Banking Capital Partners
Kenyan founded Pan-African embedded finance Fintech Pezesha has raised a pre-series A funding round of $11 Million in a mix of $6 million equity and $5 million debt. The round …