Investment

By Abdul Rahman Bangura – NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leonne- Administrators in Dodoma has the conviction to satisfy the US$4.4 billion venture target that craves, to boost the proceeds of healthy oil in the Semiarid region – a contemporary scheme that could propel it to an accepted...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- African Development Bank (AfDB) has raised an exceptional US$3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies. The ‘Fight Covid-19’...

By Abdul Rahman Bangura – NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leonne- Zimbabwe Coal mining companies are exempted from the 21-day Covid-19 national lock-down which starts today, since their operations relate to generation of electricity. In a proclamation, Winston Chitando – Mines and Mining...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- Ghana Investment Promotion Centre (GIPC), in collaboration with the International Finance Corporation (IFC) and the European Union (EU) have initiated steps aimed at creating an avenue to regionalize investments in the West African sub-region. The move is...

By Abdul Rahman Bangura – NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leonne- Liberia Petroleum Refinery Company’s Deputy Managing Director for Administration – Stanley A. Ford, the container is on its way from neighboring country capital – Freetown. And will enter in Monrovia with the awaited...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- Gold mining company, Golden Star Resources (GSR), is planning to invest US$10 million to revive operations at its Prestea Mine in the Western region and to position it for profitability. The new capital will be invested in machinery, operation of a...

By Abdul Rahman Bangura – NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leonne- Namibia, subsequently a year of reserving zero in their conventional silos anticipated to the shortage duration, cooperative planters in the Kavanagh West province of Namibia, are forthwith foreseeing a satisfactory proceeds this...

By Abdul Rahman Bangura – NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leonne- Zimbabwe, Ministry of Lands, Agriculture, Water, and Rural Resettlement has bent on to apply a mandatory policy on contract agriculturist with acerbic turf in the next summer to apply agricultural lime to correct the soil pH;...

By Abdul Rahman Bangura – NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leonne- East African Community (EAC) Secretariat has progressed in a bid to accentuate actions to ward off the spread of Coronavirus by establishing migratory laboratories and sampling apparatuses in partner states, as regional ministers...