The African Union Development Agency NEPAD (AUDA-NEPAD) and the Ecobank Group, its strategic partner on the development of the 100,000 Micro, Small and Medium Enterprises (MSMEs) Initiative, are set to …
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 & InvestmentSpotlight
- Manufacturing & Consumer GoodsSpotlightWestern Africa
Rising Cement Prices Impeding Government Ability to Provide Needed Infrastructure
A Reuters article says the rising price of cement is increasing the cost of building development. According to the report, the price of a 50 kg (110 lb) bag of …
The CBN no longer shows an exchange rate on the home page of its website, having previously carried a rate of NGN379 per US Dollar. This may suggest that the …
- Banking, Finance & InvestmentSouth AfricaSpotlight
KCB to spend Sh6bn in buying Rwandan, Tanzanian banks
KCB Group will spend a total of Sh6 billion to acquire two banks in Rwanda and Tanzania from London-listed Atlas Mara Limited. The Nairobi Securities Exchange-listed firm had earlier estimated …
Huawei, the leading global provider of information and communications technology (ICT) infrastructure and smart devices, powers the first telecom mobile money platform in Ethiopia for Ethio Telecom. Telebirr mobile money …
President Muhammadu Buhari will depart Abuja on Sunday for Paris, France, on a four-day official visit to attend African Finance Summit. The Summit according to the statement issued by the …
The shift towards a digital economy has led to an unprecedented demand for digital real estate. As real estate continues to fluctuate, there’s one investment trend that has gone undisrupted …
Cryptocurrency evangelist, Jack Dorsey the Chief Executive of Twitter and Square said Bitcoin changes “everything” for the better and he will work “forever” to make the crypto work better. Mr …
- Banking, Finance & InvestmentSpotlight
Naira Weakens against USD at Most Market Segments Despite CBN’s Move
In the just concluded week, the Nigerian currency depreciated against the USD at the Investors & Exporters Window, Bureau De Change and Parallel “black” markets by 0.33%, 0.42% and 0.21% …
- Banking, Finance & InvestmentSpotlightWestern AfricaZenith Bank
Zenith Bank CEO Purchases Additional 662,844 Shares in the Bank
Zenith Bank Plc Group Managing Director and Chief Executive Officer, Ebenezer Onyeagwu purchased additional shares of 662,844 from Zenith Bank. In a statement issued by Zenith Bank’s management, the GMD/CEO …