A global Edge solutions provider, inq., has announced a partnership with Swedish Enea AB to boost 5G deployments in Africa. Andile Ngcaba, Executive Chairman of inq., confirmed on Monday in …
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.
Starbucks has asked its advisor Houlihan Lokey to assess interest for its UK operations, the Times reported Saturday. The coffee chain continues to “evaluate strategic options” for its company-owned international …
Restaurants in Cape Town has been ranked number 37 in the World’s 50 Best Restaurant List, with La Colombe, also in Cape Town, and the small restaurant Wolfgat on the West …
- AfricaBanking, Finance & InvestmentBusinessBusiness PoliciesNigeriaWestern Africa
CBN raises interest rate to 14%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 14 per cent from 13%. CBN Governor, Godwin …
President Muhammadu Buhari on Tuesday unveiled the new Nigerian National Petroleum Company ( NNPC) Limited, a landmark event that officially changes the oil firm from a wholly state-run entity to a …
- INVESTMENTTechnology
AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund -CAIF
Investment company AfricInvest and venture capital firm Cathay Innovation, have announced the final close of their joint Pan-African Venture fund, Cathay AfricInvest Innovation Fund (CAIF) at €110M. The fund is …
- Banking, Finance & InvestmentBusinessSouthern Africa
Standard Bank cuts ties with Iqbal Survé’s Sekunjalo group
Standard Bank says it has decided to cut its ties to Cape Town businessman Iqbal Survé’s Sekunjalo group following a “comprehensive client review process”. The bank was one of the …
The Kenya Revenue Authority(KRA) has moved to court to set aside a High Court order directing the re-opening of Keroche Breweries Limited. The High Court on July 15 ordered KRA …
The Nigerian National Petroleum Company (NNPC) Limited has approved a new pump price after weeks of promises that it will retain N165. NNPC, in a notice to fuel marketers, directed …
The exchange rate between the naira and the US dollar closed at N429.13/$1 at the official Investors and Exporters (I&E) window on Monday, July 18, 2022. Naira appreciated slightly against …