The Central Bank of Nigeria (CBN) has unveiled the unstructured supplementary service data (USSD) code for the eNaira to enhance financial inclusion in the country. Godwin Emefiele, CBN governor, inaugurated …
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.
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsNigeriaTechnologyWestern Africa
The National Hospital Insurance Fund (NHIF) has dropped its bid to have workers earning more than Sh100,000 pay more in monthly contributions, easing the financial strain on top earners and …
- AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
Egypt directly buys 240,000 tonnes of Russian wheat
Egypt’s state grains buyer directly purchased 240,000 tonnes of Russian wheat on Monday, the supply ministry said in a statement to Reuters, continuing its recent trend of buying without issuing …
With an average monthly net salary of $385 after taxes, Morocco has the highest average salary in the North Africa region in 2022, according to a report published this month. …
- AgricultureBusinessEconomyMorroccoUncategorized
Blue Diamond Growers Recalls Almonds from Morocco Due to Salmonella
Blue Diamond Growers, a California-based agricultural cooperative, has recalled more than 150 tonnes of “whole brown almonds” manufactured after a sample tested positive for salmonella. The company initiated the recall …
Pick n Pay has migrated its entire on-premises information technology infrastructure to Amazon Web Services (AWS). The retailer worked with Lemongrass Consulting an AWS premier consulting partner with migration and …
- AfricaAFRICA NEWSBusinessEconomyEgyptNorth AfricaNorthern AfricaTransportation & Logisitics
Egypt signs $656M contract to manufacture, supply 320 subway vehicles
The National Authority for Tunnels signed a contract with a consortium of companies including South Korean Hyundai Rotem and the National Egyptian Railway Industries Company (NERIC) to manufacture and supply …
- AfricaAFRICA NEWSBusinessEconomyEgyptEnergyNewsNorth AfricaNorthern Africa
Egypt to sign 7 new MoUs with int’l companies to produce green hydrogen
Egypt will sign seven new Memoranda of Understanding (MoUs) on green hydrogen production in the Suez Canal Economic Zone with international companies and alliances, announced the Egyptian Cabinet in a …
- AfricaAFRICA NEWSBusinessEconomyGhanaNewsNigeriaWestern Africa
Yields on Ghana’s bonds to surge, highest among emerging economies
Yields on Government of Ghana bonds are expected to surge further as investors perceive the fiscal state of the Ghanaian economy as risky. According to Bloomberg, investors are demanding a …
Distell’s revenue for the year to end-June has surpassed 2019’s pre-pandemic levels. In its results, released on Thursday, the liquor producer said its revenue for the period was R34 billion, …