China’s digital yuan will give its users privacy but it will not be anonymous, according to a top official at the People’s Bank of China. The controllable anonymity will protect …
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 NEWSTechnologyWestern Africa
MultiChoice Nigeria Reveals N90 Million Grand Prize for BBNaija season 6
MultiChoice Nigeria has just announced a jaw-dropping grand prize of 90 million naira for the winner of Big Brother Naija season 6. The popular reality TV show, which makes a …
- Novarick Homes and properties limitedPress OfficeReal EstateWestern Africa
Novarick Homes unlock lucrative property investments in Lagos
In a bid to contribute to the economic growth and prosperity, Novarick Homes, a property development company has unlocked new investment opportunities for this year. The firm offers investors an …
- AfricaBusiness PoliciesTransportation & Logisitics
New platform to enhance digital collaboration across air cargo industry
The International Air Transport Association (IATA) has launched the IATA Enhanced Partner Identification and Connectivity (Epic) platform to support the digitisation of the global air cargo supply chain. EPIC simplifies …
- BusinessManufacturing & Consumer GoodsSouthern Africa
Exeo Capital buys stake in Wellness Warehouse holding company
Pan-African alternative investment firm, Exeo Capital, has announced an investment into Maia Group through the firm’s food and agribusiness fund, Agri-Vie Fund II. The Maia Group, established by Simon Alston …
- BusinessEastern AfricaSafaricomTelecommunications
Safaricom to launch 5G network Friday in Nairobi and western Kenya
Safaricom will Friday launch Kenya’s first fifth-generation (5G) mobile internet services targeting major urban centres, making it the inaugural operator to offer commercial and superfast services in the region. The …
- BusinessCryptocurrency
Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency
Elon Musk’s electric car company, Tesla, has started accepting bitcoin payments. Musk, whose title is now Technoking of Tesla, also confirmed that all “Bitcoin paid to Tesla will be retained …
- Banking, Finance & InvestmentEntrepreneurshipWestern Africa
Nigerian fintech Bankly secured a $2 million seed round by Vault
Nigeria remains a largely cash-dominated country. with over 100 million unbanked Nigerian population excluded or have no access to financial services due to limited financial literacy. Bankly, a Nigerian fintech …
- AgricultureSouthern Africa
South African government should focus on the expansion of agricultural export markets
In our interactions with various agribusinesses since the start of the year, one issue that consistently comes up, in addition to the usual concerns around land reform policy, is trade. …
The Food and Agriculture Organization of the United Nations’ latest report has revealed that agricultural losses from natural hazards continue to soar, inflicting economic damage and undermining nutrition. The report …