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    BREAKING NEWS
    African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia
    AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution
    Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063
    African Nations Exhorted to take on Modern Sustainable City Planning to enable Stave Off Prospective Emergencies
    South Africa’s Informal Economy Shows Signs of Movement to Switch toward Cashless Economy, Study
    $11.70 million Expended by the Africa Development Bank to Facilitate Access to Fertilizers for African Agricultural Producers
    TRANSCO – CLSG wields Impressive Coordination Meetings for the Development of the Gambia River
    650,000 BPD Dangote Petroleum Refinery and Petrochemicals plant Commissioned by Erstwhile Nigeria’s President Buhari
    …Curtail the usage of Charcoal and save the Environment Immense Liquefied Gas Depot opened in Tanga City of Tanzania
    $3.5 Billion in reimbursements to White Agriculturalist by the African Development Bank as Financial Instruments to “Fast Track and Front Load” to White Agriculturalist land…was taken from them by the Zimbabwe Administration President of AfDB disclosed

    $410 Million agreed to be subsidized by South Africa’s MTN Group Limited and IHS Holdings Limited in providing Health Services in Nigeria

    Posted On 22 Nov 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 18

    By Abdul Rahman Bangura–

    Photo Credit: Fine Art America

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – The sale-and-lease back agreement covers 5,709 sites, as well as power and affiliated services to MTN’s accepted tower portfolio in the nation, the telecoms provider noted. The money from the sale will be reinvest in obtaining more spectrum in South Africa, and also give it the more, flexibility with its finances.

    The pact gives IHS an access into Africa’s supreme improved economy, and extra dividend of about $220 million in the first year of operations, it asserted. The marketing will see IHS evolve the biggest autonomous tower operator in South Africa.

    MTN’s cross-town competitor – Vodacom announced last week it intends to segregate its telecoms towers portfolio into a recent unit, while South Africa’s third-largest operator Telkom schedules to catalog its towers and masts business before March 2022. MTN investments have swelled to 161% in 2021 and outweighed rival Vodacom’s
    market capitalization along the aisle.

    In the meantime, MTN Nigeria, through its Foundation in an announcement started, it will give free medical care to Lagos, Anambra, Rivers, Kano, Gombe and Kwara in the third phase of the ‘MTN Y’ello Doctor Medical Intervention Scheme’.

    Dwellers in assigned neighborhoods and markets shall get medical screening, diagnosis, consultations, treatment and drug prescription, as well as referral services.

    Odunayo Sanya – Executive Secretary; MTN Foundation at the commissioning of the project let out, the Foundation will proceed to provide to the proliferation of access to healthcare services by rendering primary healthcare accessible to people in communities nationwide. This is in line with the UN’s Sustainable Development Goal three – ‘Good health and well-being’.

     

    Invest in Modern Africa
    Africa Fastest Growing Continent. Six of the World’s Ten Fastest Growing Economies are in Africa. More than Half of Global Population Growth between now and 2050 is Expected to Occur in Africa. This Decade Belongs to Africa as Technology Ripples through the Continent. Africa the Untapped Market. Africa Great Continent to Invest & Grow Business. Africa the Last Frontier for Investment. Africa is the Future.

     

    New Africa Business News Person of the year 2021
    Start Voting for New Africa Business News Person of the year 2021. Nomination Starts July 04 & Ends December 31/ 2021. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 50 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. New Africa Business News Person of the year will be Announced January / 2022. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

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    Start Voting for Africa President of the year 2021. Nomination Starts February 01 & Ends December 31/ 2021. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 100 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. Africa President of the year will be Announced January / 2022. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com

     

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    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
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    Previous Story

    $1.2 Billion Financing undertakings has been endorsed by the African Export- Import Bank (Afreximbank) with quadruple African firms and a MoU with African Union Development Agency (AUDA-NEPAD)

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    18 Comments

    1. George November 22, 2021 at 2:45 am Reply

      Thank you very much for the daily newsletters. Totally in love with them. Monrovia in Liberia. George

      • New Africa Business News, Staff Correspondent November 22, 2021 at 3:20 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Seth November 22, 2021 at 2:50 am Reply

      MTN and other telecommunication companies in Afrika are growing steadily. As our population is growing beautifully, the need would continue to increase. Free town SIERA LEONE. Seth

      • New Africa Business News, Staff Correspondent November 22, 2021 at 3:19 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Joe November 22, 2021 at 2:56 am Reply

      Very important report, Journalist Bangura. Love it. Harare in Zimbabwe. Joe

      • New Africa Business News, Staff Correspondent November 22, 2021 at 3:19 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Felix November 22, 2021 at 2:58 am Reply

      Africa is ready for business, come invest and create more jobs for our young and vibrant youths. Luanda in Angola. Felix

      • New Africa Business News, Staff Correspondent November 22, 2021 at 3:19 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Lisa November 22, 2021 at 3:02 am Reply

      Love it another part of Africa’s economic, manufacturing is starting to grow. Companies are moving to Africa. Cause is cheaper to do business in Africa. Gaborone BOTSWANA.

      • New Africa Business News, Staff Correspondent November 22, 2021 at 3:19 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    6. Alfred November 22, 2021 at 3:05 am Reply

      Love seeing Chinese manufacturing companies moving to Africa. And Africa love seeing them moving to Mama Afrika. Yes, is happening. Toronto, Canada. Alfred

      • New Africa Business News, Staff Correspondent November 22, 2021 at 3:18 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    7. Joseph November 22, 2021 at 3:09 am Reply

      Africa’s great population growth is very good for our great Continent. HOPE IS 10 BILLION PEOPLE OR MORE. Lusaka in Zambia. Joseph

      • New Africa Business News, Staff Correspondent November 22, 2021 at 3:18 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    8. James November 22, 2021 at 3:12 am Reply

      Thank you for your reports. Imagine 1O Billion People in Africa, that’s going to be the greatest. Is going happen. We have the resources and wealth. We can. Juba in South Sudan. James

      • New Africa Business News, Staff Correspondent November 22, 2021 at 3:18 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    9. Eric November 22, 2021 at 3:15 am Reply

      I totally agree. Love reading your daily reports. Love my unlimited access membership of your daily reports. Helsinki Finland. Eric

      • New Africa Business News, Staff Correspondent November 22, 2021 at 3:18 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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