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    BREAKING NEWS
    $1.1 Billion Senegal’s postponed Ndayane Deep Waterport to be Constructed in Coalition with DP World
    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa’s established Broadband Coverage by 2030
    Nigeria Launches National Domestic Payments Card Program
    In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States
    $30 Billion has been pledged by the African Development Bank and Development Partners to Finance Food and Farming in the Next Five Years
    $7.9 Billion in Exports glid in 2021 from the East African Community (EAC) Bloc to Africa amidst the Novel Corona Virus (COVID -19) Consequence
    President William Ruto of Kenya has Urged fellow African Rulers to address on Agribusiness beyond Production to Value Addition and Manufacturing
    Africa’s Economic Growth to Outpace Global Forecast in 2023-2024, AfDB Report
    Growers in Uganda to succeed from Nigeria’s AFEX’s Tech-Enable Products having expanding its Products Exchange Business in Nigeria’s AFEX from Kenya

    By

    //New Africa Business News, Staff Correspondent
    10

    $73.81Million Endorsed by the AfDB Board of Directors Group to subsidize the Sudan Emergency Wheat Production Project

    By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– …the AfDB’s African Emergency Food Production Facility, Sudan has got windfall from the Bank to improve wheat production. Reckoning for 60% of total nationwide exports and producing a...
    Posted On 15 Dec 2022
    , By New Africa Business News, Staff Correspondent
    8

    Nigeria’s Federal Controller of Works in Delta disclosed the Second Niger Bridge would Open to traffic on December 15th 2022

    By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– According to Babatunde Fashola, the Minister of Works and Housing mandated the opening of the bridge, which is 95% finished, to lessen traffic during the Christmas and New Year celebration...
    Posted On 14 Dec 2022
    , By New Africa Business News, Staff Correspondent
    8

    …to Celebrate 4th Anniversary of the Hands Off Our Girls Campaign President Maada Bio of Sierra Leone and First Lady Dr. Fatima Bio hosted Namibia President Hage Gottfried Geingob and First Lady Monica Geingos as Special Guests by way of strengthening Bilateral Relations

    By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– On December 10th, 2022 President Bio and President Geingob carried a fruitful bilateral discussion at the Presidential Lodge…discussed social history, and thoughtful linkages between Namibia...
    Posted On 13 Dec 2022
    , By New Africa Business News, Staff Correspondent
    18

    Morocco Makes Historic Semi Final Qualification as Walid Regragui, Becomes First African Coach to Qualify for World Cup Semi-final

    By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Morocco is the first African team to make history by entering the last four of the world cup, thanks to coach Walid Regragui who turned the story of the team around following the team’s failure at the AFCON....
    Posted On 12 Dec 2022
    , By New Africa Business News, Staff Correspondent
    16

    The African Development Bank and World Bank inaugurated Electricity Regulatory Index Reports for Africa and the World

    By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The announcements to catch up with the state of the power sector regulation in Africa and across the improving world. The AfDB and the World Bank carried a virtual blastoff circumstance on...
    Posted On 11 Dec 2022
    , By New Africa Business News, Staff Correspondent
    14

    $109 Million Kunzvi Dam Construction to the North Eastern of Harare Crumples Tempo as the 2nd Republic Resuscitate Protracted Forgotten Dam Project

    By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– In Zimbabwe, the edifice is advancing agreeably with a pit of the dam outlet having attained 45% while construction of site roads is 55%. The multi-million dollar project will enhance water...
    Posted On 09 Dec 2022
    , By New Africa Business News, Staff Correspondent
    10

    Over US$170 Billion Needed to Finance Africa Sustainable Infrastructural Development- Report

    By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Africa needs to mobilise a staggering US$170 billion annually in long term financing to develop infrastructure key sectors, agriculture included to accelerate growth dwarfed by the COVID 19, conflicts and climate...
    Posted On 08 Dec 2022
    , By New Africa Business News, Staff Correspondent
    8

    Of N4.2 Million being slated by the National Employment Directorate of Nigeria as Loan to 42 Unemployed Youths in Adamawa State to enhance Agricultural Production

    By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The Director-General of the National Directorate Employment – Mallam Abubakar Fikpo rendered the statement at the orientation course for successors of agricultural empowerment scheme in Yola on...
    Posted On 07 Dec 2022
    , By New Africa Business News, Staff Correspondent
    8

    Kenya State Power Generation Company – KenGen has commenced a project in a bid Purchase all its Caravan from Fossil Fuel to Electricity-Powered

    By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– This project has begun, with the company buying four electric units – two SUVs from South Korea and two dual cabins from China – as initial instalment to fulfill as the pilot phase of the...
    Posted On 06 Dec 2022
    , By New Africa Business News, Staff Correspondent
    8

    For Liberia, $2.28 million and a loan of $2.84 Million has been Signed by the Board of Directors of African Development Bank’s Transition Support Facility to boost Climate Resilient Food Production

    By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Agriculture is an important realm in Liberia’s economy, providing approximately 26% to the GDP. The primary crops are rubber, rice, cassava, bananas, and palm oil. Cassava and rice are the...
    Posted On 05 Dec 2022
    , By New Africa Business News, Staff Correspondent
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    $1.1 Billion Senegal's postponed Ndayane Deep Waterport to be Constructed in Coalition with DP World

    Posted On 07 Feb 2023

    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

    Posted On 06 Feb 2023

    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa's established Broadband Coverage by 2030

    Posted On 03 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

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    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

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    Recent Posts

    • $1.1 Billion Senegal’s postponed Ndayane Deep Waterport to be Constructed in Coalition with DP World
    • A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
    • $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa’s established Broadband Coverage by 2030
    • Nigeria Launches National Domestic Payments Card Program
    • In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States

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