Worldwide, an estimated 200 million businesses still rely on cash payments, and 1.7 billion people in regular paid work have no access to bank accounts. Based out of London, Dopay …
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.
CAIRO — Egyptian state-controlled payments firm e-finance for Digital and Financial Investments said on Sunday it would offer up to 14.5% of its capital in an initial public offering in …
- Business PoliciesNorthern Africa
Cement factories in Egypt to operate with natural gas instead of coal
Cement companies in Egypt are seeking to return to operating with natural gas fuels instead of coal, after nearly seven years of the government’s decision to compel companies to use …
- Entrepreneurship
Cartona receives $4.4 million pre-Series A to connect retailers with suppliers in Egypt
Cartona, a Cairo-based B2b marketplace that directly connects retailers with suppliers and manufacturers via an application has secured a $4.5 million pre-Series A funding round Founded in August 2020, focuses …
Mobile money users have complained about the charges being imposed on them by businesses for transactions carried out through momo-pay codes. The complaints come just weeks after the central bank …
United Airlines announced today that the new service between Washington, D.C. and Lagos, Nigeria will begin November 29 (subject to government approval). The airline will operate three weekly flights connecting …
The real estate market was thrown into a tumultuous state when the Covid-19 pandemic struck. Between people losing work and being afraid or unable to move, the year in lockdown …
According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of …
- Cryptocurrency
Africa Has the ‘Highest Grassroots Adoptions in the World’ — Chainalysis Crypto Preview
While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region has “some of the highest grassroots …
- BinanceCryptocurrency
Financial Institutions Are Coming Big Time for Bitcoin and Crypto, Says Binance CEO
Chief Executive Officer at Binance – opined that a growing number of traditional monetary institutions had turned their sight into cryptocurrencies recently, especially bitcoin. He also mentioned that the trading …