Investment

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Dr. Akinwumi Adesina -the Bank’s President asserted when retinue of the Board of Nigerian University of Technology and Management (NUTM) visited him in Abidjan, Côte d’Ivoire, to discuss upskilling of African youths for t...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Tanzania Electric Supply Company (Tanesco) Director for the Eastern Region – Kenneth Boymanda, remarked on April 6th, 2024, that challenges are ongoing, after which the second plant, denoted as plant number eight, will be...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The retire President emphasized on agriculture as the only bet in the sector, that could curb unemployment in Nigeria, stated Nigerian youths are running away from farming because it is not as thrillingly thrilling as the music...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Ministry of Trade and Industry on announced. This circumstance emanated marshalling the publication of the Tariff Concessions and Rules of Origin for imports from participating AfCFTA members. “The commencement of trading...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- “They are just bad, first and foremost, because you can’t price the assets properly. These are the reasons I say Africa should put an end to natural resources-backed loans. These countries renegotiate those loans that are asymmetric,...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Industry Enhancement Center will deliver sector information, customized business advisory, training, and capacity building services for Ugandan SMEs to enable their knowledge and skills within the sector. The purpose is to bolster...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Chief Government Spokesperson and Director of Information Service (Maelezo) in the Ministry of Information, Communication and Information Technology, Mobhare Matinyi said at the inaugural session the government was eying to connect...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Cabinet Secretary remarked that, these digital hubs will retain the capacity to generate 300 jobs and create not less than 1,500 jobs in each constituency. “In each constituency, we are going to create a minimum of 1,500 jobs by...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- The African Development Bank Group has announced a follow-up equity investment of $15 million in the Trade and Development Bank Group’s (TDB Group) pioneering Class C Green plus shares to support clean technology and low carbon projects in its member...