Investment

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The administration of Zimbabwe has complimented improvement made on the building of a multi-million dollar mining consumables factory by Intrachem Pvt Limited in Kwekwe. Winston Chitando – Mines and Mining Development Minister...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- African Development Bank (AfDB) through its Director of the Gender, Women and Civil Society Department – Vanessa Moungar with the psyche of enabling fashion entrepreneurs, summoned the economic challenges due to the COVID-19...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- In order to realize its full revenue from various tank farms across the country, the Ministry of Finance and the Ghana Revenue Authority in collaboration with Strategic Mobilization Company, has commissioned a digital downstream petroleum products...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Zimbabwe, Mangudya confirmed that, local lenders have almost $1 billion in their Foreign Currency Accounts (FCA). “It’s about adequate reserves utilization of resources,” Mangudya was quoted in Harare according to reports....

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Lazarus McCarthy Chakwera took a vow as Malawi’s newly enacted president on Sunday, June 28th, 2020 at Lilongwe’s Parliament Building; swearing to render the country undivided to all. “Time has come for Malawians to go...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- President of Dangote Group, Aliko Dangote, said despite the challenging, economic situation in 2019, Dangote Cement was able to sustain 54,000 jobs in four African countries, where the company has its operations. The countries are Nigeria, Ethiopia,...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Nigeria’s World Trade Organization hopeful, Ngozi Okonjo-Iweala to supersede Roberto Azevedo as Director General , argues to have the political leverage and marketing mastery to unite the US and China on trade. The erstwhile Minister...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- Science, technology and innovation will be at the heart of Africa’s recovery from the devastating coronavirus (COVID-19) pandemic and the continent’s ability to create sustainable jobs, Executive Secretary of the Economic Commission for Africa (ECA),...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Saniniu Laizer, a small scale miner in Tanzania made history to excavate the largest Tanzanite stones in the Eastern Africa nation. In the circumstance of mining, Laizer found two jagged Tanzanite stones which he traded to Tanzania’s...