Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year. …
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.
- Entrepreneurship
(Bloomberg) — A key obstacle to an emergency program to supply 2,000 megawatts of power to South Africa’s grid has been removed with the dismissal of a legal challenge to …
HFM Investments Limited, a Mauritius-based online currency trader, has begun its operations in Kenya under the HotForex brand, this made the brand the sixth company to set up shop in …
The African continent has the most people without access to energy and yet also represents the continent with the fastest-growing population. As demand continues to far outweigh supply, energy poverty …
- Press ReleasesSouthern Africa
IHS Towers Appoints Sandile Msimango as Vice President and CEO, IHS South Africa
IHS Holding Limited (NYSE: IHS) (“IHS Towers”), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world by tower count, announces the appointment of …
- Eastern AfricaSpotlightTechnology
Swedish-Kenyan Company Launches First Africa-Made Electric Bus in Kenya
As part of its efforts to provide sustainable energy to public transportation, the Swedish-Kenyan business Opibus has introduced the first African-designed and made electric bus in Kenya. Opibus, Kenya’s first …
Toyota Motor Co. of Japan announced on Friday that its vehicle sales increased by 10.1 per cent last year, making it the world’s largest automaker for the second year in …
China’s central bank and foreign exchange regulator issued new rules on Saturday that bar domestic banks from using overseas loans to invest in securities or “speculative deals”, a notice on …
- Entrepreneurship
TLcom secures first close of $150M Pan-African Tech Fund to back 20 African startups
TLcom, the Africa-focused venture capital firm, has announced a $70 million first close for its $150 million Africa-focused tech fund, solidifying the investor’s position as the continent’s largest independent VC …
The Mozambique Oil and Gas Chamber, in a move to promote inclusivity and offer support to all facets of the Mozambican energy sector, has announced that the organization will be …