Radarr Africa Business Desk

Catalyst Fund has raised $3.5 million from FSD Africa, seeking to accelerate and scale Pre-Seed Impact Ventures in Africa. With FSD Africa’s backing, Catalyst Fund will invest and offer hands-on …

Russia bans purchases made with cryptocurrency – but investments remain legal. Russian president Vladimir Putin has vowed to ban cryptocurrency payments with a new law that would make paying with …

Major retail outlet Makro has launched its first stand-alone shopping app which will enable customers to purchase merchandise, liquor, and pantry items, remotely. The Makro Shopping App, available to Apple …

Cassava Technologies, An African Information technology company has announced closing a $50 million investment from a specialist venture capital firm, C5 Capital. The new funding was confirmed on Tuesday in …

The Central Bank of Nigeria (CBN) has issued a stern warning to Nigerians converting Naira to the US dollar. According to CBN, it would place a post-no debit on bank …

The United Nations has asked Kenya and other developing countries to regulate and tax the cryptocurrency industry to limit exposure to the meltdown in the crypto market and risks of …

Dana Airline says its Abuja-bound Boeing 737 aircraft with registration mark 5N DNA had an emergency landing in Abuja on Tuesday. The airline disclosed that the development was due to an …

Kenya-based CrossBoundary Energy Access (CBEA), a mini-grid infrastructure fund has announced completion of a $40 million equity investment from Norfund, the Norwegian Investment Fund for developing countries, and KLP, Norway’s …

Nigeria will continue its $3.5bn civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings against the companies, a lawyer representing Africa’s largest crude producer said. …

Dangote Industries Limited, DHL, has successfully completed its N187.6 billion series 1 bond issuance which is the largest corporate bond ever issued in the history of the Nigerian capital market. …