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    BREAKING NEWS
    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent’s Food Security
    Ghana & Nigeria to Improve Cross-Border Trade
    Tanzania Seeks to Reach New Record Cashew Production by 2025
    Nestle Nigeria Capitalized Rural Women to enable Financial Capacity and boosting Standard of Living
    World Trade Organization published…Trade plays an Important facet in Access to Medical, Goods and Services
    African Development Bank Group President Calls for More Partnerships to Build Africa’s Social Infrastructure
    Ghana, Key Stakeholders: Sign a Renewable Energy Agreement Worth US$69.88 Million to Improve Access and Socio-Economic Development
    Africa Development Bank Approves $1.5 Billion Facility to Counter Food Crisis on the Continent
    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and…commissioning in June of 2022
    Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report

    $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’.

     

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    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.

     

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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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    $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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