Crossboundary, (CBEA) a Kenya-based Energy Access has raised $25 million to finance solar-powered minigrids across Africa. The funding was raised from ARCH Emerging Markets Partners limited, Bank of America, and Microsoft Climate …
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.
Revlon a multinational company dealing in cosmetics experienced a 245% four-day surge which filed for bankruptcy after amassing massive amounts of debt amid rampant competition has recalled another wild trade from …
Companies in South Africa focused on employee-centric propositions have embraced global maternity leave policies over country-specific policies, says Nicol Mullins, executive committee member of the South African Reward Association (SARA). …
Glencore Plc’s first half-profit from trading commodities will be bigger than it typically reports for an entire year, putting it on course for a record 2022 as the resources giant …
- Banking, Finance & InvestmentBusinessSouth AfricaTechnology
Kenya Archives In Diaspora Inflows As It Emerges Worldremit’s Top 3 Markets
Kenya has established itself as a market with increased diaspora inflows after a report by global payments company, World remit indicated that it was among the top 3 countries in …
- EducationWestern Africa
CAC sets schools register as limited liability companies and not business name
The Corporate Affairs Commission CAC has provided reason why it commenced the registration of private schools as limited liability companies and not as a business entities. The commission maintained that …
- Global NewsSpotlightTechnologyTransportation & Logisitics
Volkswagen agrees to pay $80m over skewed Porsche fuel tests
Volkswagen AG agreed to pay at least $80 million to settle Porsche buyers’ complaints that emissions and fuel economy test results were improperly skewed. Owners of specific gasoline-powered Porsches sold …
- BusinessGlobal NewsInformation TechnologySafaricomTechnologyUncategorized
Safaricom Customers To Enjoy 100pc Bonus Data In Revamped Campaign
Safaricom has announced the return of Nyakua 100 per cent Data Bonus, a campaign that was unveiled earlier this year for customers to enjoy 100 per cent bonus data upon …
Flour Mills Nigeria PLC will reward shareholders with a dividend payout of N8.82 billion, translating to N2.15 per share for the financial year 2021, the firm said in a notice …
Mustapha Taofeek said he stopped using POS, points of sale vendors that have significantly changed how Nigerians conduct daily financial transactions two years ago. In August 2020, a week after …