Binance is thrilled to announce that it is an official sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournament, taking place from January 9 till February 6, 2022, …
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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Postal Union Says it Can Help African Nations with E-Commerce
Bern, Switzerland — Some people in Africa don’t have a mailbox; some don’t have a physical address, but they are likely to have a smartphone, and they want to do …
The Federal Republic of Nigeria has pledged to pay the full capital arrear of US$28.7m in Shelter Afrique, Nigeria’s Finance Minister Dr Zainab Shamsuna Ahmed disclosed at a meeting with …
- AfricaEastern AfricaHospitality, Travel & TourismNews
Kenya suspends all passenger flights from Dubai
Kenya has suspended all inbound and transit passenger flights from the United Arabs Emirates (UAE) to retaliate against a move by Dubai to ban all passenger flights from Kenya over …
Finnish telecoms giant Nokia performed better than expected last year and foresees further growth in 2022 as a supply chain crunch and inflation are set to ease, the network equipment …
- Global NewsSpotlightTransportation & Logisitics
Tesla sold a record 70,847 China-made vehicles in December
US electric vehicle maker Tesla Inc. sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing in Shanghai in 2019, data from the China Passenger Car …
GMG, a global well-being company, plans to open more than 100 sports retail stores in Egypt, one of the Middle East’s largest retail markets, within the next five years. The …
IHD Developments has launched its first project dubbed “Vivid Business Tower” in the New Administrative Capital (NAC). It is a commercial project located in the NAC’s Downtown area. In a …
- Business PoliciesNorthern Africa
Egypt’s mobile wallet transactions increased to 160 per cent in 2021
Mobile wallet use in Egypt climbed 160 per cent in 2021 with a total of 227 million completed transactions. The total value of such purchases stood at 233 billion Egyptian …
Airtel Kenya is surviving on a series of shareholder loans from its parent company most of which it is unable to service, its financial filings show. Kenya’s second-biggest telco has …