Regional seed and early-stage venture capital firm, Flat6Labs, has finished raising $10 million for its seed fund targeted at Tunisian startups, according to a statement released by the company. The …
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.
- Banking, Finance & InvestmentNorthern AfricaSpotlight
Egypt’s central bank approves contactless payments through mobile phones
Egypt’s central bank has approved the granting of licences to allow merchants to accept contactless payments from their customers’ mobile phones, it said on Sunday. It did not say how …
The rand is taking a bigger hit than most of its emerging-market peers as an energy crisis and Chinese growth concerns batter the South African currency and worsen the country’s …
POVERTY rate in Nigeria moved from 15 per cent at independence in 1960 to 50 per cent in 2021, Nigerian Tribune findings have revealed. This is even as Governor of …
Supply of petroleum products across the federation may be disrupted in the coming days, as multiple challenges confront marketers, haulage companies and their workers.The operators, yesterday, said over 90 per …
Amazon has announced it will start to offer UK businesses insurance in the company’s latest move to diversify its business operations. Small and medium businesses (SMEs) which are members of …
Oil prices rose for a fifth straight day on Monday with Brent at its highest since October 2018 and heading for US$80 amid supply concerns as demand picks up in …
CAIRO – Royal Dutch Shell, through subsidiaries Shell Egypt and Shell Austria, has completed the sale of upstream assets in Egypt’s the Western Desert to Cheiron Petroleum Corporation and Cairn …
MultiChoice launched the MultiChoice Accelerator to develop and connect South African startups with global investors to unlock business opportunities at Expo 2020 in Dubai. The Accelerator programme forms part of …
- Entrepreneurship
Zola Electric receives $90 Million in Seed Funding to drive distributed renewable energy
Zola Electric a leading provider of solar-powered electricity solutions has gone a step further to drive distributed renewable energy and to solve energy problems prevalent in sub-Saharan Africa where millions …