State owned telecom giant, Ethio-Telecom, in collaboration with Dashen Bank, has on Friday launched three different digital finance services under the motto “Financial Service for All” aimed at benefiting users with …
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.
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EthiopiaFinance & ServicesTechnology
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Nigeria’s Sugar import from Brazil hits $592.18 million
Nigeria’s sugar import in 2022 from Brazil has increased to N385 billion ($592.18 million). This increment comes amid the forex exchange (FX) restrictions placed on the commodity by the apex …
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AfricaAFRICA NEWSBusinessMarketsNewsNigeriaWestern Africa
Parthian Partners Limited Issue N10 billion Bond
Parthian Partners Limited, a Nigerian Capital Market Conglomerate, has announced the issuance of its debut N10 billion 3-year Fixed Rate Senior Unsecured Short-term Bond. The issuance represents the first short-term …
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AfricaAFRICA NEWSBusiness and EconomyGhanaNewsWestern Africa
Ghana’s inflation rises to 31.7% in July
Inflation in Ghana accelerated at a faster pace than expected in July as a slump in the value of the cedi raised the cost of imported goods like cooking oil …
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AgricultureCentral AfricaRwanda Daily
Construction of stalled US$12 million agric project to be revived
The construction of a previously stalled $12.2 million center of excellence for agriculture mechanization project is being revived, according to the Rwanda Agriculture and Animal Resources Development Board (RAB), and …
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HealthcareRwanda Daily
Africa CDC commences with SLL initiates to support Rwanda’s vaccination efforts
Africa CDC, The Africa Centers for Disease Control and Prevention has commenced the implementation of the Saving Lives and Livelihoods (SLL) initiative in Rwanda. The SLL is a USD 1.5 …
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AfricaAFRICA NEWSBusinessEgyptFood ProductionNewsNorthern Africa
Egyptian food exports rise 2.4% in H1
Egyptian exports of food industries grew by around 2.4% year-on-year (YoY), or $51 million, during the first half of 2022, recording $2.169 billion. This was disclosed in a report by the Food …
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AfricaAFRICA NEWSBuildingEgyptNewsNorthern Africa
Egypt’s Oriental Weavers to exit from Chinese Unit
The board of directors of Oriental Weavers Carpets (ORWE) has agreed to exit from its investments in China, according to a statement filed to the Egyptian Exchange (EGX) today. Accordingly, the company will accept the …
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Egypt’s annual headline inflation recorded 14.6% in July 2022, compared to 6.1% in the same month of 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced in a press release …
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Meta Platforms-owned WhatsApp is rolling out several privacy features, including the ability to send messages while appearing offline and blocking screenshots of view-once messages. The messaging platform will also allow …