Investment

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- African Union Members States have been called upon to adopt policies to encourage intraAfrican trade in food production by among other things removing Non-tariff Barriers (NTBs) that currently make imports from outside the continent costly compared to...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Dr. Kalibata underscored during the Institute for New Economic Thinking asserted that the incessant Russia-Ukraine war fulfills a wake-up call for Africa’s food systems. Since the war drives a surge in food prices and hardships...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Congolese President Felix Tshisekedi’s office noted on that an Emirati administration committee had approved an agreement worth $1.9 billion with Societe Aurifere du Kivu et du Maniema (Sakima) in the capital Kinshasa. According...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– He was the first black head of state and was the first elected President in a fully democratic election in South Africa. According to reports, Nelson Mandela day is empirical on July 18th every year by the United Nations(UN). The UN...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The construction project of the artificial turf was brought to the nation through the association’s Twitter. The pitches that are fixed to succeed from…comprise the Bo Coronation field in Bo City Second Capital The City of Sierra...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– It was endorsed after a gathering between Afreximbank President Professor – Benedict Oramah and Omar Guelleh – President of Djibouti on the ongoing Summit of Heads of State of the African Union. It’s a fraction of a cumulative...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The business contract bestows some African nations priorities or rightful tax free access for their exports to the U.S. market. The agreement is due to end in 2025, and African delegates at the summit want the deal resuscitated....

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The AU’s 5th Mid-Year summit holds from July 13th to 16th and will be heeded by 51 Foreign Ministers from the AU member states. On Sunday, 15 Beads of State will convene at the United Nations African Headquarters in Gigiri, Nairobi....

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Ethiopian and Nigerian central banks have agreed to swap funds trapped in their respective states, which will see Ethiopian Airlines (ET) recover up to $100 million trapped in Nigeria. Both countries have blocked a significant amount of airline funds,...