Investment

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Nobel Coronavirus (COVID-19) pandemic has plummeted Africa into its prime recession in 25 years, the African Union (AU) Thursday underscored the desire to discourse challenges of African integration to expedite the economic...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The (NEITI), on July 13th, 2021 in Lagos divulged that, Dangote Cement Plc donated 25.40% of the Royalties obtained from Nigeria’s solid mineral sector with a payment of N635.52 million, in the year 2019. NEITI, said overall, Nigeria...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Session, was wielded via videoconference, evaluated the actions of the Bank for the second quarter of 2021 and analyzed key public and private sector projects for allotment within ECOWAS Member States, according to an assertion...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- TradeMark East Africa (TMEA) and the Eastern and Southern African Trade & Development Bank (TDB) have signed a Memorandum of Understanding (MoU) that establishes a framework for collaboration ultimately seeking to boost trade in the region served...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The National President of the Potato Farmers Association of Nigerian (POFAN), Daniel Okafor, asserted this development in a talk with the News Agency of Nigeria (NAN) on Monday July 12th, 2021 in Minna. “We have signed agreements with...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Southern African country strives to deter gold smuggling according to, Central Bank Governor John Mangudya. He revealed that administration is developing regulation that will stimulate small-scale gold miners to enroll their...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- Kenya Airways PLC (KQ) has launched the Fahari Innovation Hub, a center for innovation that acts as a springboard for new ideas and data-driven innovations to accelerate impact-driven solutions that address some of the societal and business...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Graphite miner, Lindi Jumbo Limited will subsidize $32 million in the generation of graphite minerals, which shall enable to generate hundreds of jobs at its Ruangwa site in Lindi Region. The mineral is utilized for several objectives...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- Green Gold Farms, a Ghana-based, African-led agribusiness start-up has completed raising $1.6 million from Absa Bank Ghana, Diaspora Capital, Channel Ventures, EPMT Fund, and a number of early-stage seed investors. Green Gold Farms is tackling the...