MTN Uganda to Split Mobile Money Arm into New Fintech Company to Meet Regulations, Attract Investors |Radarr AfricaMTN Uganda has announced a major restructuring plan that will separate its mobile money business, MTN MoMo, from the main telecom operations. The new move is aimed at turning the… The post MTN Uganda to Split Mobile Money Arm into New Fintech ...

Ethiopia Establishes Disaster Risk Response Fund Amid Global Aid Cuts |Radarr AfricaParliament has voted to establish the Ethiopian Disaster Risk Response Fund, in a landmark move designed to reduce the countrys growing reliance on foreign aid in the face of recurring… The post Ethiopia Establishes Disaster Risk Response Fund Amid Global Aid Cuts appeared ...

CBK Moves to Raise KSh 50 Billion from Reopened Bonds |Radarr Africahe Central Bank of Kenya (CBK) has announced plans to raise KSh 50 billion through the reopening of two infrastructure bonds to support the countrys growing financial needs. The move… The post CBK Moves to Raise KSh 50 Billion from Reopened Bonds appeared first on Radarr Africa.

Kenya Targets Safaricom and KPC to Fund Sh4.24 Trillion 2025/26 Budget |Radarr AfricaKenya is gearing up to tap its biggest publicly listed companies, Safaricom and the governmentowned Kenya Pipeline Company (KPC), to fund its Sh4.24trillion budget for the 2025/26 financial year, Finance… The post Kenya Targets Safaricom and KPC to Fund Sh4.24 Trillion ...

Ethiopian Airlines Dominates Africas Air Cargo Market With 35% Share |Radarr AfricaEthiopian Airlines has emerged as the biggest cargo carrier on the African continent, now controlling a whopping 35 percent of the cargo market, according to a new report from the… The post Ethiopian Airlines Dominates Africas Air Cargo Market With 35% Share appeared first ...

Marine Wrecks Pose Serious Danger to Lagos Waterways |Radarr AfricaThe Nigerian Marine Coastguard Volunteer Services (NMCVS) has raised alarm over the growing danger posed by wreckage and debris littering Nigerian waterways, particularly in Ebute-Ero, Lagos. The organisation said the… The post Marine Wrecks Pose Serious Danger to Lagos Waterways appeared ...

Kenya announces KSh 4.29 trillion budget for 2025/2026 |Radarr AfricaThe government of Kenya has unveiled its budget for the 2025/2026 financial year, with a total value of KSh 4.29 trillion, which is about $32.8 billion. This marks the first… The post Kenya announces KSh 4.29 trillion budget for 2025/2026 appeared first on Radarr Africa.

Nigeria Owes Over $19.5m in UN Dues Despite Global Funding Crisis |Radarr AfricaNigeria has only paid about 36 per cent of its financial contributions to the United Nations (UN) over the past five years, raising concerns about the countrys commitment to its… The post Nigeria Owes Over $19.5m in UN Dues Despite Global Funding Crisis appeared first on ...

Afreximbank Facilitates $32 Billion in Ethiopian Trade Payments in 2024 |Radarr AfricaThe African Export-Import Bank (Afreximbank) has announced it facilitated a record USD 32 billion in international trade payments for Ethiopian businesses in 2024, through its AfPAY Trade Payment Services platform.… The post Afreximbank Facilitates $32 Billion in ...

Ethiopias Income Tax Amendment Draws Fire Over Lack of Clarity on Salaried Brackets |Radarr AfricaA proposed amendment to Ethiopias Income Tax Proclamation is facing growing backlash from civil society groups, tax experts, and salaried workers over the absence of clear tax brackets for individuals,… The post Ethiopias Income Tax Amendment Draws Fire Over ...

Ethiopias Foreign Debt Payments to Consume Nearly 30% of Proposed 2025/26 Budget |Radarr AfricaForeign debt servicing is set to consume nearly 30% of Ethiopias proposed federal budget for the 2025/26 fiscal year, Finance Minister Ahmed Shide told lawmakers on Tuesday, as the country… The post Ethiopias Foreign Debt Payments to Consume Nearly 30% of ...

South African Business Confidence Improves Slightly in May Amid Strong Rand and Commodity Rally |Radarr AfricaBusiness confidence in South Africa picked up modestly in May, rebounding from a sharp decline in April, according to data released by the South African Chamber of Commerce and Industry… The post South African Business Confidence Improves Slightly ...

Kenyas KCB Group Set to Become First Foreign Bank to Enter Ethiopian Market |Radarr AfricaKenya Commercial Bank (KCB) Group Limited is poised to become the first foreign banking institution to enter the Ethiopian financial services sector, following the countrys recent banking liberalisation reforms. Sources… The post Kenyas KCB Group Set to Become First ...

Nigeria Reaffirms Commitment to Ocean Protection at Monaco Blue Economy Forum |Radarr AfricaNigeria has reiterated its commitment to the protection and sustainable management of ocean resources, with the Minister of Marine and Blue Economy, Adegboyega Oyetola, representing the country at the Blue… The post Nigeria Reaffirms Commitment to Ocean Protection ...

AfDB Governors to Choose Adesinas Successor as Presidency Winds Down |Radarr AfricaThe 60th Annual Meetings of the Board of Governors of the African Development Bank (AfDB) have wrapped up in Abidjan, Cte d’Ivoire, with one of the top items on the… The post AfDB Governors to Choose Adesinas Successor as Presidency Winds Down appeared first on Radarr ...

Rwanda Quits ECCAS, Citing DRCs Influence and Dysfunction in Regional Bloc |Radarr AfricaRwanda has officially withdrawn from the Economic Community of Central African States (ECCAS), accusing the regional bloc of failing in its duties and allowing itself to be manipulated by the… The post Rwanda Quits ECCAS, Citing DRCs Influence and Dysfunction in ...

Ghanas Economy Expands by 5.3% in Q1, Driven by Services and Agriculture. |Radarr AfricaGhanas economy is showing strong signs of recovery, with growth picking up speed in the first quarter of 2025. According to figures released on Wednesday by the Ghana Statistical Service… The post Ghanas Economy Expands by 5.3% in Q1, Driven by Services and ...

Rwanda FDA Suspends RELIEF Tablets Over Safety Concerns |Radarr AfricaThe Rwanda Food and Drugs Authority (Rwanda FDA) has announced the immediate suspension of the importation, distribution, and use of all RELIEF tablets following the discovery of unauthorised variants circulating… The post Rwanda FDA Suspends RELIEF Tablets Over Safety Concerns appeared ...

Econet Bounces Back Strong With ZWG2.3bn Profit, Powered by Innovation and AI. |Radarr AfricaEconet Wireless Zimbabwe, the countrys top telecoms and digital services company, has recorded a strong comeback after years of pressure, posting a ZWG2.3 billion profit for the financial year ending… The post Econet Bounces Back Strong With ZWG2.3bn Profit, ...

OK Zimbabwe Faces Deep Trouble as Food Lovers Market in Borrowdale, Set to Shut Down. |Radarr AfricaThe planned closure of Food Lovers Market branches in Borrowdale and Avondale in Harare is raising fresh concerns over the future of OK Zimbabwe, the countrys largest retail group. The… The post OK Zimbabwe Faces Deep Trouble as Food Lovers Market in ...

NicozDiamond Celebrates 60 Years of Insurance Excellence, Resilience, and Innovation. |Radarr AfricaNicozDiamond Insurance Limited, one of Zimbabwes oldest and most respected insurance companies, has marked its 60th anniversary with a grand event at Siyekhaya Estate in Borrowdale, Harare. The celebration, themed… The post NicozDiamond Celebrates 60 Years ...

Zimbabwes Gold Production Up 27% in May 2025 as Small-Scale Miners Drive Growth. |Radarr AfricaHarare, Zimbabwe Zimbabwes gold mining sector has recorded strong growth in May 2025, with official figures showing a 27.6 per cent rise in deliveries compared to the same period… The post Zimbabwes Gold Production Up 27% in May 2025 as Small-Scale Miners Drive ...

Nigeria-Vietnam Chamber Partners Vietnamese Firm to Promote Renewable Energy Solutions |Radarr AfricaThe Nigeria-Vietnam Chamber of Commerce and Industry (NVCCI) has announced a strategic collaboration with a Vietnamese Joint Stock Company focused on delivering sustainable renewable energy technologies, in a move aimed… The post Nigeria-Vietnam Chamber ...

NIMASA Gets Commendation from BPSR for Embracing Reforms and Automation |Radarr AfricaThe Bureau of Public Service Reforms (BPSR) has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for its proactive and forward-looking approach to institutional reform and system automation. This… The post NIMASA Gets Commendation from BPSR for ...

SEC Warns Nigerians Against Dealing With CBEX, Says Platform Still Banned |Radarr AfricaThe Securities and Exchange Commission (SEC) has reaffirmed its ban on Crypto Bridge Exchange (CBEX) and its parent company, ST Technologies International Ltd, warning the public against engaging in any… The post SEC Warns Nigerians Against Dealing With CBEX, Says ...