The Kenya Revenue Authority (KRA) has opened investigations against food producer Kakuzi over allegations of paying less tax as a result of cross-border financial deals with its majority shareholder Camellia …
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.
- BusinessEastern AfricaFinance & ServicesFood Production
- AfricaAgricultureBusinessFood ProductionNewsNigeriaWestern Africa
AFDB grants Nigeria a $134 million loan for wheat production
The federal government of Nigeria has announced that it received a $134 million loan from the Africa Development Bank (AFDB) to boost wheat production. The Minister of Agriculture and Rural Development, Muhammad …
- Global NewsNewsTrending Today
Tensions as China begins largest-ever military drills in Taiwan after Pelosi’s visit
China on Thursday fired multiple missiles toward waters near Taiwan as part of large-scale military exercises following a visit to the island by House Speaker Nancy Pelosi. Us House speaker …
- AfricaBusinessEconomyINVESTMENTNewsNorthern Africa
Morroccan diaspora remittances reach $4.6 Billion in H1
Remittances from Morocco’s diaspora reached MAD 47.04 billion, or $4.56 billion during the first half of 2022. According to new data from Morocco’s Foreign Exchange Office, the number represents an increase …
- Banking, Finance & InvestmentBusinessNewsSouth AfricaSouthern AfricaSpotlight
Musk’s lawyers subpoena big banks for records on Twitter deal
Lawyers for Elon Musk have subpoenaed JPMorgan Chase and Goldman Sachs for records relating to the billionaire’s plan to purchase Twitter. Musk has requested the banks turn over “documents and communications” relating to how …
- Eastern AfricaFinance & ServicesTechnology
NCBA Launches Sh2bn Electric Vehicle Finance Deal For Customers
NCBA Group has launched Sh2billion electric vehicle financing deal for its customers as part of its green finance strategy. The five-year deal will see customers enjoy asset financing of up …
- BusinessGlobal NewsNewsSpotlightTechnology
Ticketmaster, TikTok partner to give users a new way to discover and purchase event tickets
Ticketmaster, a ticket sales and distribution Company, and TikTok are partnering to launch an in-app feature that lets users discover events. With this new partnership, TikTok users will be able …
- AfricaDangote IndustriesNewsNigeriaPoliticsTrending TodayWestern Africa
Dangote and 5 other Nigerians receive the highest civilian honours in Niger Republic
To mark the Independence Day commemorated on August 3, the Republic of Niger on Wednesday honoured six Nigerians: two Presidential aides, two businessmen and two state governors, with their national …
- AfricaNewsNigeriaPoliticsTrending TodayWestern Africa
Nigerian govt purchases vehicles worth N1.4 billion for Niger, gives reason
The Nigerian government on Wednesday confirmed that President Muhammadu Buhari approved the purchase and donation of vehicles, worth N1.4 billion, to neighbouring Niger Republic. The Minister of Finance, Budget and National …
China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by a top American lawmaker, Nancy Pelosi, but has avoided disrupting one of the …