By Radarr Africa Business Desk LAGOS, October 31 (Radarr Africa) – South Africa’s Competition Tribunal has cleared, with conditions, the acquisition of budget carrier FlySafair by Harith General Partners in …
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- AfricaAfrica EconomyAFRICA NEWSUncategorized
Rosatom Pitches Floating Nuclear Plants to African Coastal States at Russia-Africa Summit
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – Russia’s state nuclear corporation Rosatom has said it could supply floating nuclear power plants to coastal African countries and …
- AfricaAfrica EconomyAFRICA NEWSCameroon Economy
Cameroon Weighs Up to $2.5bn Eurobond for 2027 After Fitch Downgrade
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – Cameroon could issue up to $2.5 billion in international bonds in 2027, a senior finance ministry official told Reuters, …
- AfricaAfrica EconomyAFRICA NEWSAfrican AffairsBusinessBusiness & MarketsSouth AfricaSouth Africa Economy
South Africa Faces Real Risk of Returning to FATF Grey List, Business Group Warns
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – South Africa faces a significant risk of returning to the Financial Action Task Force (FATF) grey list barely a …
- AfricaAFRICA NEWSSenegal
Senegal Assembly Committee to Revisit Revised Budget Seen as Key to $2.2bn IMF Deal
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – The finance committee of Senegal’s National Assembly will review a revised budget that is central to securing a new …
- AFRICA NEWSAfrican DevelopmentOil & Gas
Ruto Orders Kenya Pipeline to Drop Case Delaying Sh3bn Oil Spill Compensation
By Radarr Africa Business Desk LAGOS, October 28 (Radarr Africa) – Kenyan President William Ruto has directed the Kenya Pipeline Company (KPC) to withdraw a court case that has delayed …
- AfricaAFRICA NEWSAfrican Economy
Namibia’s $353m Etango Uranium Mine Moves to Full Construction, With Output Targeted for 2028
By Radarr Africa Business Desk LAGOS, October 28 (Radarr Africa) – Bannerman Energy and its Chinese partner have approved the development of the Etango uranium mine in Namibia’s Erongo region, …
- AfricaAfrica EconomyAFRICA NEWSAfrican EconomyUncategorized
Moody’s Calls South Africa’s Budget Update Credit Positive, Says Debt Has Probably Peaked
By Radarr Africa Business Desk LAGOS, October 27 (Radarr Africa) – Moody’s Ratings said South Africa’s latest medium-term budget policy statement is credit positive, adding that government debt “has probably …
- AfricaAfrica EconomyAFRICA NEWSKenya
Nedbank Completes 66% Takeover of Kenya’s NCBA, Taking Banking Reach to East Africa
By Radarr Africa Business Desk October 26 (Radarr Africa) – South Africa’s Nedbank Group has completed its acquisition of about 66 per cent of Kenya’s NCBA Group Plc, making NCBA …
- AfricaAFRICA NEWSAfrican Affairs
Bonny Light Hits $115 a Barrel as Hormuz Attacks Surge, Brent Eases Monday
By Radarr Africa Business Desk October 26 (Radarr Africa) – Nigeria’s benchmark Bonny Light crude rose to $115 a barrel last week as attacks on shipping around the Strait of …