• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    East African Community (EAC) to Develop Health Data Governance to Foster Digital Transformation of the Health Sector in East Africa
    $2.2 Billion being committed by Sun Africa and its Partners for Power Infrastructure in Nigeria
    Cameroon braces up to Accelerate Mining activities The President of Cameroon’s National Assembly disclosed
    $3 Billion Special Agro-Industrial Processing Zones (SAPZ) has disclosed in new Investment to remake Africa’s underdeveloped rural areas into Agroindustry aisles of Wealth
    Ugandan elected as the Chair of African Union’s 5th Session of the Specialized Technical Committee (STC) on Agriculture, Rural Development, Water and Environment (ARDWE)
    The Roadway to Wealth on the Landmass of Africa is from the Export of value-added Farming products AfDB President Dr. Adesina divulged
    In Tanzania, Kerry formally Established a recent Manufacturing Establishment in the reinforcement of Local Food and Beverage Manufacturers
    Togo and the AfDB acquiesced to rev of 2021-2026 26 Strategy Pape…Structural Transformation and Diversification of Togo’s Economy
    Kwacha of Malawi debauched by 30% against the $ USD based on Supply-Demand Imbalances in the Currency Market
    In a quest of a better Integrated Mainland to rival Europe’s Schengen zone Rwanda’s President Paul Kagame announces Visa-Free Travel to all Africans in a bid to strengthen Free Movement and Trade

    $1 Billion to be Allotted in a bid to subsidize Development Projects in Africa Prime Minister Aimene Benabderrahman noted at the African Union Summit

    Posted On 23 Feb 2023
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Bangura-

    Photo Credit: Worldometer

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Algerian President Abdelmadjid Tebboune said on last Sunday the North African country will allot billion dollars to fund development programs across the landmass through the Algerian Agency of International Cooperation for Solidarity and Development.

    According to sources, the President’s opinion was declared openly in a speech read by Prime Minister Aimene Benabderrahmane at the annual African Union summit of leaders in the Ethiopian capital, Addis Ababa.

    “I have decided to inject one billion US dollars for the benefit of the Algerian Agency of International Cooperation for Solidarity and Development to finance development projects in African countries.”

    It is asserted interest would be paid to “integration projects or those able to contribute to accelerating development in Africa”.

    Tebboune announced, the agency’s approach was based on Algeria’s conviction that “security and stability in Africa are linked to development”.

    Algeria is Africa’s top gas exporter.

    APS mumbled, the administration agency, ascertained in 2020, would relate with African nations striving to advantage from the industry.

     

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Growers in Botswana hopeful about the Local Production of Apple…the overture of Semi-Arid variations of Apple Plants for Local Conditions

    Next Story

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia’s Prime Minister Dr. Abiy Ahmed

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    East African Community (EAC) to Develop Health Data Governance to Foster Digital Transformation of the Health Sector in East Africa

    Posted On 30 Nov 2023

    $2.2 Billion being committed by Sun Africa and its Partners for Power Infrastructure in Nigeria

    Posted On 29 Nov 2023

    Cameroon braces up to Accelerate Mining activities The President of Cameroon’s National Assembly disclosed

    Posted On 28 Nov 2023

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia's Prime Minister Dr. Abiy Ahmed

    Posted On 24 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Facebook

    Latest Posts

    East African Community (EAC) to Develop Health Data Governance to Foster Digital Transformation of the Health Sector in East Africa

    $2.2 Billion being committed by Sun Africa and its Partners for Power Infrastructure in Nigeria

    Cameroon braces up to Accelerate Mining activities The President of Cameroon’s National Assembly disclosed

    Recent Posts

    • East African Community (EAC) to Develop Health Data Governance to Foster Digital Transformation of the Health Sector in East Africa
    • $2.2 Billion being committed by Sun Africa and its Partners for Power Infrastructure in Nigeria
    • Cameroon braces up to Accelerate Mining activities The President of Cameroon’s National Assembly disclosed
    • $3 Billion Special Agro-Industrial Processing Zones (SAPZ) has disclosed in new Investment to remake Africa’s underdeveloped rural areas into Agroindustry aisles of Wealth
    • Ugandan elected as the Chair of African Union’s 5th Session of the Specialized Technical Committee (STC) on Agriculture, Rural Development, Water and Environment (ARDWE)

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.