WEMA Bank Plc., one of Nigeria’s oldest financial institutions, has renewed and expanded its long-term business agreement with Network International the leading enabler of digital commerce across Africa and 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.
- FEATURED NEWSSpotlightWestern Africa
Foreign Minister, Geoffrey Onyeama, has summoned the Indonesian Ambassador to Nigeria over an alleged assault on a Nigerian Diplomatic Agent in Jarkarta, Indonesia. Onyeama in a statement in Abuja said …
USS Hershel “Woody” Williams, the first ship permanently assigned to Africa, arrived in Nigeria’s commercial capital city of Lagos on Saturday as part of the U.S. government’s support to combat …
Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, today announced its new wearable processor, the Exynos W920. The new processor integrates an LTE modem and is the …
- Entrepreneurship
Nigerian agri-tech startup Zowasel secures $100,000 in growth funding from Guinness and Promasidor
At the UN World Food Programme Zero Hunger Sprint, Nigerian agri-tech startup Zowasel won US$100,000 in funding from Guinness Nigeria and Promasidor Nigeria, a leading pan-African consumer packaged food manufacturer. …
- BusinessEntrepreneurshipMoove
Moove raises $23M Series A Funding to democratize vehicle ownership in Africa
Moove an African mobility fintech, today announced that it has raised $23 million in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from …
Gold miner Centamin reported a smaller than expected fall in first-half earnings and said it was looking for a buyer or partner for its Burkina Faso project. The London-listed miner, …
International financial markets have opened a window for African governments to diversify their funding sources from traditional multilateral institutions and foreign aid. For example, they can now borrow through issuing …
Bitcoin, the world’s oldest crypto, reached its highest point in almost three months on Saturday before paring back some of the weekend’s gains. Prices have since cooled and are down …
Kaspersky researchers have identified the top malware families in Nigeria, South Africa and Kenya as ransomware, financial/banking Trojans and crypto-miner malware. In a report, Kaspersky researchers said when comparing the …