Egyptian Minister of Environment Yasmine Fouad inaugurated a new high-efficiency water treatment plant at the Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) (RMDA), according to a press release on Monday. …
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 NEWSEconomyEgyptNewsNorth AfricaNorthern Africa
- AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
IMF urges Egypt to cancel low-interest loans initiatives
The International Monetary Fund( IMF) has called on the Central Bank of Egypt to cancel all low-interest initiatives, such as loans to small and medium enterprises, the tourism sector, and …
- BusinessEastern AfricaTransportation & Logisitics
Swedish technology company launches electric buses in Kenya
Swedish-Kenyan technology company Roam has launched an electric bus targeting public transport as the race for e-mobility hots up. Dubbed Rome Rapid, the mass transit bus has a capacity …
- AfricaAFRICA NEWSBusinessGhanaNewsWestern Africa
PassionAir Ghana to begin flight operations at Sunyani Airport September
The Management of PassionAir has announced it will commence domestic flight operations at the Sunyani Airport from Friday, September 9 this year to airlift passengers from Sunyani to Accra four …
- AfricaAFRICA NEWSEconomyGhanaNewsWestern Africa
Goldman Sachs expresses worry over Ghana’s delay in closing IMF deal
Goldman Sachs, a global investment banking giant has raised concerns about what it describes as “No sense of urgency” by the Ghanaian government in closing a programme with the International …
Neveah Limited, a commodities trading company has announced the completion of its Series 5 Commercial Paper Issuance. A statement said the issuance was well received and subscribed to by a …
- AfricaAFRICA NEWSBusinessMarketsNewsNigeriaWestern Africa
SEC Nigeria proposes corporate bonds exemption from tax
The Securities and Exchange Commission (SEC) Nigeria, has asked the federal government to consider its proposal to exempt corporate bonds from tax payment to boost liquidity in the Nigerian capital …
- BusinessEastern AfricaFood ProductionManufacturing & Consumer Goods
Kenya firms feel acute inflation bite
Runaway inflation, new taxes and depreciation of the shilling have hit hard manufacturers of fast-moving consumer goods, who are now warning of reduced profitability which will lead to job losses. …
- AfricaAFRICA NEWSBusinessInformation & TechnologyNewsNigeriaSpotlightTechnologyTelecommunicationsWestern Africa
NCC grants Mafab 5 months extension to roll out 5G network
Mafab Communications, one of the two telecommunication firms that won the 5G spectrum licences in December 2021, has been issued a five-month extension for its roll out by the Nigerian …
- AfricaAFRICA NEWSAgricultureBusinessDangote IndustriesNewsNigeriaSouthern AfricaWestern Africa
Zambian minister seeks Dangote’s assistance to develop fertilizer industry
The Zambian minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the president, Dangote Group, Aliko Dangote in the development of his country’s agricultural sector. Mulenga, …