The EU is considering new measures to ensure digital assets are not used to dodge sanctions against Russia as the bloc toughens its enforcement of the financial penalties imposed on …
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.
Intelsat, an operator of the world’s largest integrated satellite and terrestrial network and leading provider of inflight connectivity (IFC), has been selected by Orange Mali SA to bring 3G and …
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four African markets, announced its $75M Growth Equity round. The round was led by …
A 2022 research report published by Statista Global Business Cities has ranked Egypt’s Cairo as the top business city in Africa. The reports assess economically relevant cities from around the …
South Africa has welcomed the decision by Ukraine and Russia to hold talks amid the ongoing conflict between the two countries. “We welcome the decision by the Ukraine and Russia …
President Cyril Ramaphosa has appointed Ambassador Thembisile Majola as the new permanent Director-General of the State Security Agency (SSA), with effect from 1 March 2022. In a statement on Monday, …
RMB, a global coordinator, bookrunner and mandated lead arranger for African Export-Import Bank, or Afreximbank has secured a USD1.2 billion (R18bn), 3-year Syndicated Term Loan Facility. Afreximbank is a Pan-African …
United States Congressman Gregory Meeks has warned that the United States will only be part of the future if it invests in Africa now. The congressman from New York and …
- AgricultureEntrepreneurship
AgDevCo Secures $90 Million of DFI Funding to Invest in African Agribusinesses
AgDevCo, the specialist investor in early-stage African agribusinesses, has announced a $90m packages of new funding from the CDC Group, Norfund and DFC which will allow AgDevCo to continue to …
ExxonMobil has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a Nigerian independent oil and gas company, through its wholly-owned subsidiary, Seplat …