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By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- Ethiopia and COMESA have signed a 5.6 million Euro sub-delegation agreement to improve coordinated border management, trade and transport facilitation at the Moyale and Galafi border posts. Moyale and Galafi borders link...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The African Development Bank (AfDB) has been dubbed as the “Best Multilateral Financial Institution in the world for 2021”. The US magazine, Global Finance, specializing in financial markets...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- The African Development Bank has approved two grants for research that will increase African women’s access to a range of digital financial services including loans and micro-insurance. The grants, for $1 million and...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The scheme to localize the possession of Namibian mining licenses discerns them culmination 2020 of an assessment of the Mining Act which encompasses prospecting and mining activities. The...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone–  The South African Department of Mineral Resources and Energy (DMRE) has announced the merger of Central Energy Fund (CEF) subsidiaries iGas, PetroSA and the Strategic Fuel Fund (SFF). The...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- Tanzania’s State power utility firm will supply 70 megawatts of electricity to power first phase of the standard gauge railway (SGR), and will start operations in the coming months. Energy Minister Medard Kalemani...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Allied Air of Nigeria, begets a Boeing 737-800 freighter jet, greatly to the pleasure of the Minister of Aviation – Hadi Sirika and the Central Bank Governor, Godwin Emefiele, amongst...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- The Secretary General for AfCFTA Secretariat, Wamkele Mene is expected to headline the maiden Africa Private Sector Summit for this year slated for March 8 to March 12, organizers of the summit have announced. The five day...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The ECOWAS Bank for Investment and Development (EBID) has approved a €40 million framework agreement with the ODDO BHF Aktiengesellschaft, a Franco-German financial services group with a...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- Ghana has on March 3, 2021 signed a trade partnership agreement with UK that secures tariff-free trade and provides a platform for greater economic and cultural cooperation. The deal supports a trading relationship wort...