Investment

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Rio Tinto Limited announced on February 12th, 2021 it has given aptitude to its Guinean counterpart to assist resolve a controversy with local neighborhoods over resettlement for a bauxite mine. Moreover, Guinean burgher in towns...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The African Development Bank has extended financial support to a project that will strengthen the efforts of West African countries to meet their Nationally Determined Contributions (NDCs) targets under the Paris climate accord. The Bank will...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Dr. Brima Baluwa Koroma, the Executive Chairman of the Petroleum Regulatory Agency has announced that the Sierra Leone Oil Refinery at Kissy which had lingered for decades will start again operations in April 2021. The establishment...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC) and DSV Engineering have signed the Final Investment Decision (FID) for the construction of 10,000 tonnes/day methanol production...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The African Development Bank (AfDB) has approved a pact with South Sudan to lend Juba a $14 million subsidy to improve agribusiness. From an announcement discerned by The East African, The Agricultural Markets, Value Addition, and...

NEW AFRICA BUSINESS NEWS (NABN) Denver, Colorado- Vested for his great contributions in promoting the African continent through the media. And his unswerving abidance to humanity and proficient epitomai of the NEW AFRICA BUSINESS NEWS and its constructive management in the field of journalism; the Chief Executive...

New Africa Business News, REPORTER of the Year 2020-2021, Goes to Richard Adorsu   NEW AFRICA BUSINESS NEWS (NABN) Denver, Colorado- Vested for his great contributions in promoting the African continent through the media. And his unswerving abidance to humanity and proficient epitomai of the NEW AFRICA...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone-  Coca-Cola is scheming to peddle approximately 30% of its South African bottling member to local non-White investors in an agreement worth about R10 billion ($669 million), in connection with a consensus with local regulators,...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– Investing in the next generation of African scientists, African Women in Agricultural Research and Development (AWARD) has announced that the call for third cohort of the One Planet Fellowship is now open. Inspired by the AWARD Fellowship...