DP World’s container terminal at the Port of Dakar has set a new record by handling 77,680 twenty-foot equivalent units (TEUs) in April 2024, surpassing the previous 76,282 set in… The post DP World Achieves Record Monthly Throughput, Reinforces its Impact on Senegals Economic Development appeared first on Radarr Africa.

Moroccan banking conglomerate Bank of Africa has teamed up with Bank of Palestine to boost economic cooperation. The initiative aims to bolster sustainable development, financial inclusion and entrepreneurship in Palestine… The post Bank of Africa teams up with Bank of Palestine to boost economic ties appeared first on Radarr Africa.

Benin has blocked exports of oil from Niger via its port, President Patrice Talon said on Wednesday, demanding junta-led Niger reopen its border to Beninois goods and normalise relations before… The post Benin blocks Niger oil exports over border dispute appeared first on Radarr Africa.

Foreign media reported the news in early May, while local Russian media remained quiet about the impact of Western and European sanctions on Russia’s state-run gas corporation Gazprom. The reports… The post Russias Gazprom to Support Africa Despite Financial Losses appeared first on Radarr Africa.

The Central Bank of Nigeria (CBN) has issued a directive requiring deposit money banks to impose a 0.5% cybersecurity levy on transactions, as mandated by the Cybercrime (Prohibition, Prevention, etc)… The post Nigerians Angered by CBNs Directive on 0.5% Cybersecurity Levy appeared first on Radarr Africa.

Mastercard begins nominations for Women SME Leaders Awards Nominations are now open to women-run and led businesses across Eastern Europe, the Middle East and Africa regionWinners will be announced on… The post Mastercard Women SME Leaders Awards Returns for 3rd Edition appeared first on Radarr Africa.

A leading multinational bank, Access Bank Group, has today launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent,… The post Access Bank Group partners with Mastercard to improve cross-border payment solutions appeared first on Radarr Africa.

The First Session of the 2024 Executive Board Meeting of the United Nations Human Settlements Programme has commenced in Nairobi under the Chairmanship of Arc. Ahmed Musa Dangiwa, Nigerias Minister… The post Nigerias Housing Minister Chairs First Session of 2024 UN-Habitat Executive Board in Nairobi appeared first on Radarr Africa.

The Bank of Industry (BoI), the African Development Bank (AfDB), and the National Information Technology Development Agency (NITDA) have collaborated to promote digital literacy in Nigeria. During the banks Investment… The post Nigerias Digital Economy Gets Boost with Partnership Between BoI, AfDB, NITDA appeared first on Radarr Africa.

The departing World Bank Country Director, Dr. Shubham Chaudhari, commended Nigeria for its proactive approach and strong efforts in bolstering monetary policies and promoting sustainable economic growth despite significant challenges.… The post Outgoing World Bank Country Director Applauds Nigerias Economic Progress appeared first on Radarr Africa.

Microsoft has reportedly announced the closure of its Lagos Innovation Centre, this move is likely influenced by Nigerias economic reality, sources say. Microsoft may have taken a business decision to… The post Jobs at Risk As Microsoft Shuts Down African Development Centre In Lagos appeared first on Radarr Africa.

In a recent meeting at the Federation House in Islamabad, Pakistan, Atif Ikram Sheikh, the President of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), stressed the importance… The post Morocco, Pakistan Aim to Boost Trade Through Direct Flights, Collaboration appeared first on Radarr Africa.

Zhejiang Hailiang Co., a Chinese-based producer of copper tubes and rods, has announced plans to invest $288 million in building a manufacturing plant in Morocco. According to a report from… The post Chinese Copper Producer Hailiang to Open New Plant in Morocco appeared first on Radarr Africa.

King Mohammed VI emphasised the importance of Morocco’s Atlantic initiative, which aims to enhance regional integration by providing landlocked Sahel countries with access to the Atlantic and global trade.  This… The post King Mohammed VI Highlights Significance of Atlantic Initiative appeared first on Radarr Africa.

Tech startup Iozera, based in the United States, has revealed intentions to establish a $500 Million, 386 MW Data Center and artificial intelligence centre in the city of Tetouan in… The post U.S. Firm Iozera commits $500 Million to Data Centre, AI Hub in Morocco appeared first on Radarr Africa.

Shell will discontinue its downstream operations in South Africa by selling its shares in a local company, marking the end of 120 years of activity in the region. The company… The post Shell to divest its South Africas downstream business appeared first on Radarr Africa.

Swedens Trelleborg group has pledged to invest 11 million in its plant to be set up in Moroccos aerospace industrial zone, located in Casablanca suburbs, which are housing facilities of… The post Swedens Trelleborg joins Moroccos Growing Aerospace Sector appeared first on Radarr Africa.

Zimbabwe is seeking investments from its diaspora population and foreigners due to challenges in accessing offshore credit lines. The government held the Zimbabwe Investment Summit in South Africa to showcase… The post Zimbabwe calls upon diaspora, global investors to drive economic growth appeared first on Radarr Africa.

Enlumi, headquartered in Lagos has announced the launch of its B2B productLumi Business. The platform offers a comprehensive array of solutions, including but not limited to Point of Sale, Inventory… The post Enlumi launches Next-Gen Business Management Platform Lumi Business to Help Businesses Streamline Key Operations appeared first on Radarr Africa.