Orange Middle East and Africa and AXA CIMA entities led by AXA Assurance Maroc announce an agreement on joint acquisition of a majority stake in DabaDoc alongside the company’s founders. …
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.
- SpotlightTelecommunications
Energy transition may revive oil and gas sector after years of abuse and neglect Has the energy transition finally forced Nigeria to come to its senses about how to prosper …
The price of the international crude oil benchmark, Brent crude, climbed to an 18-month high on Wednesday, June 2, reeling from a decision of the Organisation of the Petroleum Exporting …
- Banking, Finance & InvestmentEntrepreneurshipWestern Africa
Tony Elumelu Foundation, DEG Partner to Empower 200 Additional Entrepreneurs Across Africa
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has partnered with DEG, the German development financial institution supporting the private sector …
Unlisted stocks in Nigeria on Wednesday appreciated by 0.12 per cent and the expansion was driven by Niger Delta Exploration and Production (NDEP) Plc. The share price of the company …
- ChipperEntrepreneurship
African fintech startup, Chipper cash reaches Unicorn status, secures $100m in Series C round
Chipper Cash, a fintech startup that facilitates cross-border payment across Africa has raised $100 million in a Series C round led by Silicon Valley Bank’s investment arm. Joining SVB Capital …
- Banking, Finance & InvestmentBusiness Policies
Apprehension as Naira Crashes to N700/£1 at Parallel Market
The foreign exchange (Forex) market in Nigeria was thrown into a panic mood on Monday when the value of the Naira significantly depreciated against the Pound Sterling at the parallel …
South Africa’s telecoms operator Vodacom Group is considering selling part of its stake in mobile money platform M-Pesa to unlock value running into billions of shillings from the fast-growing service. …
THE PROTRACTED bidding war for the acquisition of Adapt IT ratcheted up another notch on Friday after the Huge Group ramped up its bid to about R1.3 billion for the …
Africa’s largest telecoms firm, MTN, was considering having another go at becoming a mobile operator in Ethiopia after losing to Kenya’s Safaricom over a week ago, the group said on …