Business

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The African Development Bank (AfDB) approved an emergency aid of $686,000 to Madagascar intended to cope with the combined effects of the drought and the Covid-19 pandemic in the far south of the island. This...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- THE Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the Pan-African banking group is facilitating payments across Africa as countries start the...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Zimbabwe mineral exports, ignoring gold and silver, in 2020 spurted by 27%, developing the country $2.4 billion, according to the Minerals and Marketing Authority of Zimbabwe (MMCZ). “Up to...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- President Magufuli on January 18th, 2021 commence a two-day tour in the Kagera Region where he will examine and inaugurate numerous ventures worth $48.99 billion, Dr. Hassan Abbasi – Permanent...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Kenema City Council has unveiled its development plans for 2021 while highlighting the successes and challenges of 2020. Communicating with correspondents at the council’s end-of-year briefing at...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd has stated that its cement expansion plan and...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Ethio Telecom, Ethiopia’s National Telecom has announced plans to invest in the financial sector, seeking to boost the company’s operation besides its traditional telecom service. Frehiwot Tamiru,...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– About 100 African and European actors have signed a charter of commitment to the development of the agro-pastoral sectors in Africa, particularly in the Sahel; The original initiative aims to resize and...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Half a year after their first E2 order, Congo Airways has put in a firm commitment for two E195-E2 jets, Embraer has published. This is in expansion to their present two aircraft order for the...