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. …
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.
Rice farming in Ahero irrigation scheme has peaked a notch higher after the National Irrigation Authority introduced mechanized rice harvesting to the local framers. Nyanza Regional Coordinator for the National …
- AfricaEastern AfricaKenyaTechnology
Meta enhances Kenya’s political ads transparency ahead of elections
Meta has announced new strategies for Kenya to curb the spread of misinformation on its platforms ahead of the general election slated for August 9. The tech giant says advertisers …
The National Grid on Wednesday suffered another system collapse resulting in blackout in some parts of the country. The Eko Electricity Distribution Company (EKEDC) confirmed the development in a statement …
Bread makers have said they would commence a four-day warning strike tomorrow, July 21 to protest the unbearable cost of doing business in Nigeria. In a statement on Wednesday, the …
According to AIDS Healthcare Foundation Africa Bureau chief, Dr Penninah Iutung, patients at the facility will now be transferred to government health facilities where they are set to benefit from …
- AfricaAgricultureBanking, Finance & InvestmentEconomyFood ProductionNigeriaWestern Africa
AfDB approves $134 million loan to Nigeria for food production
The African Development Bank (AfDB) Group has approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to scale up food production and …
The global credit rating agency Fitch Ratings has affirmed the African Development Bank’s (AfDB) long-term credit rating: AAA with a Stable Outlook. The ‘AAA’ rating is given to institutions with …
Restaurants in South Africa and takeaway sectors are seeing a structural shift, says John Loos, property sector strategist at FNB after more than two years of Covid restrictions and increased …
Debt-laden sugar and property group Tongaat Hulett has had its shares suspended from trading on the JSE for the second time in three years. The embattled KZN-based company confirmed the …