As part of its preparations to launch full-scale operations in the Horn of Africa soon, Kenya’s leading telecom operator Safaricom has signed a 5-year infrastructure lease agreement with Ethiopian Electric …
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.
- SafaricomSpotlight
Standard Bank Group added over one million customers in 2021, with 858 000 of the 1.16 million coming from its home market, South Africa. The growth in South Africa was …
Mineral Resources and Energy Deputy Minister, Dr Nobuhle Nkabane, says South Africa will not “plunge” itself into energy supply uncertainty while working to reduce its carbon emissions. She was speaking …
International and regional beauty industry players are heading to Riyadh this month for the third Beautyworld Saudi Arabia – the Kingdom’s only dedicated exhibition for beauty products, hair, fragrances, and …
Thousands of South African dairy food workers continue a months-long strike amidst media blackout. The strike by 5,000 dairy workers at Clover Foods in South Africa, which began in November …
- Global News
Logicom signs strategic distribution partnership with VAST DATA in Middle East and Africa
Logicom, a leading regional distributor of technology solutions and services in the Middle East and North Africa, today announced a new distribution partnership with VAST Data, the data platform company …
The Federal Inland Revenue Service (FIRS) and pay television service provider, MultiChoice Nigeria, have agreed to an amicable resolution of their pending tax disputes which led to a series of …
- Global NewsPress Releases
IMF Executive Board Approves US$ 1.4 Billion in Emergency Financing Support to Ukraine
The Executive Board of the International Monetary Fund (IMF) today approved a disbursement of US$1.4 billion (SDR 1,005.9 million) under the Rapid Financing Instrument (RFI) to help meet urgent financing …
Dash closes $32.8 million seed round, one of the largest in Africa payment firm Dash, the unified and accessible payments app, announced today that it has raised $32.8 million in …
After a difficult 2020 during which global investment plummeted due to the pandemic, 2021 emerged as a very successful year for both public and private markets, with various sectors recording …