The Capital Markets Authority (CMA) has forced a US-based private equity to make a takeover offer to minority owners of Limuru Tea, including tycoon Joe Wanjui, in the wake of …
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.
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Nigeria to receive 1.29 billion euros as support from the European Union (EU) to economy.
Nigeria will receive 1.29 billion euros ($1.3 billion) as support from the European Union (EU) to help diversify its economy away from oil. According to Reuters, a document from the EU on …
Last week, Spur launched the very first RocoMamas drive-through outlet opened in South Africa last week, giving the corporation another boost in its efforts to expand its quick service offerings. …
Agriculture Cabinet Secretary Peter Munya has defended the Sh2 maize import tax relief saying it is better than nothing. Speaking on the sidelines of the IGAD heads of state meeting …
FIFI PETERS: While we are hearing quite a bit about how load shedding is having a devastating impact on small businesses, forcing some to close, big business is also feeling the …
- AgricultureBusinessINVESTMENTUncategorized
Kenya Surpasses South Africa As Continent’s Top Avocado Exporter
Kenya has overtaken South Africa to become Africa’s top exporter of avocados. In Central Kenya, where the majority of the country’s small-scale avocado farmers are found, coffee bushes are fast …
The Salungano Group, formerly Wescoal, reported improved annual results thanks to good returns from coal as the company grew its supply to Eskom and also secured its very first export …
- BusinessEconomyManufacturing & Consumer Goods
KEBS Urges Manufacturers To Adopt New Standards To Boost Trade
The Kenya Bureau of Standards (KEBS) has called on local manufacturers and importers to conform to the 205 new standards which have been developed targeting various products to boost their …
M-Pesa virtual Visa card is undercutting Kenya’s commercial banks with lower foreign exchange rates in the race to get a larger share of the country’s cross-border payments market. The virtual …
NSIA, The Nigeria Sovereign Investment Authority has entered a joint venture pact with Dutch energy and commodity trader Vitol to plough an initial $50 million into projects targeted at cutting back …