Radarr Africa Business Desk

Private equity firm CVC has agreed to buy Unilever’s tea arm for £3.79bn (€4.5bn), it has been announced. CVC outbid rivals Advent and Carlyle after an auction process, Unilever confirmed …

Nigeria’s biggest flour-maker Flour Mills of Nigeria Plc Monday said it has brokered a deal to buy out the majority equity interest in rival Honeywell Flour Mills, majority-owned by billionaire …

The United Nations Development Programme warned Monday that Afghanistan’s banking sector risked collapse due to worsening liquidity problems and a rise in non-performing loans, potentially adding further pain to its …

Ericsson has agreed to buy Vonage Holdings Corp. in the U.S. for an equity value of $5.3 billion, in a major bid to build its presence in cloud communications services. …

The Senate yesterday passed a bill to establish the Real Estate Regulatory Council of Nigeria. The passage of the bill came 17 days after a 21-storey building at Ikoyi, Lagos, …

Nigerian state oil company NNPC has signed a $1.04 billion facility with the African Export-Import Bank (Afrexim) for petroleum exploration, the bank said in a statement on Wednesday. The agreement …

Ethiopia’s once rapidly growing economy is taking another hit because of its yearlong war as global clothing manufacturer PVH Corp. says it is closing its facility there because of the …

Three Nigerian firms won nearly half a million dollars in total in funding provided by the Chinese billionaire, Jack Ma, for startups that set out to solve major problems. Releaf, …

Taking place once again live from Lagos on 23 & 24 November, the 7th annual West Africa Property (WAPI) Summit is the only regional real estate gathering that connects international …

Tech media organisation, Technext is set to hold its maiden event, Technext Conference 2021. The event will provide a visible platform for key players in the African blockchain tech ecosystem …