Investment

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – The Southern Africa nation of Botswana has ventured on an enterprising stint of transitioning from over dependency on coal for electricity generation toward boosting the share of renewable energies, Lefoko Moagi asserted...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra Ghana- The African Development Bank (AfDB), has issued a $100 million 7-year ”Feed Africa” theme bond due September 2029. The new issuance was arranged by Citigroup Global Markets and sold in a Private Placement format to a single Japanese...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – In an interview with BBC, the Head of State told that, he will ponder all druthers in a motion to lessen the cost of fuel prices after the fuel subsidy was removed. “All options are available to us as a country. East Africa...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – The National Elections Watch (NEW) Marcela Samba Sesay has exhorted on the public to accept and understanding the current abnormalities experienced in the incessant voter registration process, remarking that, they will engage...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Akinola George Taylor, will be supervising all Heritage’s banking operations across Nigeria. And will bogart from Dr. Ifie Sekibo who fulfilled a ten (10) years term at the bank. Being a competent banker with over two decades...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra Ghana-In line with its mission to promote access to reliable, clean, and affordable electricity, the Government of Ghana has signed a Memorandum of Understanding (MoU) with the African Trade Insurance Agency (ATI) for the roll-out of the Regional Liquidity...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – The West Africa nation of Liberia is assembling to ratify all commercial framework documents with Cote d’Ivoire, which provides with the electricity, and TRANSCO CLSG. The administration of Liberia is toiling nearly with...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – The $1billion Mpatamanga dam on the Shire River is a public-private cooperation that beholds Scatec and EDF financing, building and operating the 350MW plant. Scatec and EDF will together carry a 55% equity stake in the...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Dr. Akinwumi Adesina – The President of the African Development Bank Group, approved the new diplomats of the 20-member Board of Directors. They formerly enlisted the Board on 1 August 2022 and began a four-day induction...