Investment

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– Equatorial Guinea has been through a difficult year due to the travel restrictions imposed by the Covid-19 pandemic, coupled with a historic crash of oil prices, have sent its hydrocarbons industry in a deep crisis of uncertainty. However, the...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone-  The Power Transmission Network Reinforcement and Interconnection Project in Madagascar (PRIRTEM-II) comprises the construction of a 135-km, 220 kV interconnection cable between the capital – Antananarivo and the central...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The Economic Commission for Africa (ECA) launched its flagship Economic Report on Africa (ERA), empowering the continental private sector to thrive and drive economic growth and recovery. The report titled: “Innovative Finance for Private...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone-  Fatou gold project, has a chronological compliant NI 43-101 reserve of over 350 000 oz which is anticipated to improve, founded on a funded nine month drilling programme. In concurrency with the obtainment, Kodal Minerals has...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Talking at the virtual “Future Proof Palm Oil” forum, Hisamuddin Mohamad Aspar, Regional Manager of product development for Central Asia at the Malaysian Palm Oil Board, explained that with most regions banking on imported oil and...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– Agriculture is important not only for food security issues but also for inter-regional food integration, African Development Bank Director of Macroeconomic Policy, Forecasting and Research, Hanan Morsy, has said. Speaking during a news...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Zimbabwe slates to stabilize a base metal refinery in 2025 and a valuable metals refinery by 2027 to distill platinum from all the state’s platinum mines, according to the Mines Minister – Winston Chitando. Coming up, prior to a...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The National Bank of Malawi (NBM) declared, it is willing to give allotment to enable them recognize their visions of building a socio economic viability for their enterprises that will entirely effect on their neighborhoods and the...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Pan-African financial institution, United Bank for Africa (UBA) Plc, hauled two highly wanted honors at the Business Day’s Bank and other Financial Institutions Awards (BAFI) achieving the Bank of the Year and the International...