Kenya has had increasing cases of counterfeit electrical products which have continued to pose significant risks to consumers. The Anti-Counterfeit Authority (ACA) in July 2021 confiscated suspected counterfeit electronic products …
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.
The coffee auction at the Nairobi Coffee Exchange (NCE) recorded a 5% increase in prices, the second time in a row since the auction reopened last week after a one-month …
The International Monetary Fund (IMF) has set a fresh loan condition requiring Kenya to drop the fuel subsidy programme by October, exposing motorists to a sharp rise in pump prices. …
On Wednesday, Tesla said its digital assets have shrunk to $218 million, and that a Bitcoin impairment hurt second-quarter profitability. Tesla sold a significant chunk of its stake in Bitcoin, …
The Nigerian Senate, on Wednesday passed the Nigerian Startup bill, 2022 The passage of the bill followed the adoption of a report of the Senate Committee on ICT and Cyber …
- AirtelEastern AfricaEconomyTelecommunicationsUncategorized
Airtel Money To Operate As A Separate Entity From Parent Telco
Airtel Money will now be operated as a separate entity from Airtel Networks Kenya Limited, the telecommunication firm has said. Following the business separation, Airtel Money Kenya Limited will take …
- BusinessEastern AfricaEconomy
Ghana Lawmakers Approves Plan to Borrow $750 Million Loan From Afreximbank
Ghana lawmakers approved a plan by the government to borrow up to $750 million from the African Export-Import Bank for the 2022 budget. The vote by the nation’s hung parliament removes …
Global fast food restaurant KFC has launched a new “high tech” restaurant in Pinelands, Cape Town, featuring digital menus, self-service kiosks and a two lane drive-thru. Kentucky Fried Chicken said …
- AfricaHospitality, Travel & TourismNigeriaTransportation & LogisiticsTrending TodayWestern Africa
NCAA suspends Dana Airline operations indefinitely
The Nigerian Civil Aviation Authority (NCAA), on Wednesday, suspended Dana Airline operations indefinitely over its alleged inability to run safe operations. The move, following an investigation by the apex regulatory …
Kenya has frozen plans by a Tanzanian billionaire to set up a gas plant and storage facilities at the Mombasa port, threatening a trade spat between the two neighbouring countries. …