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By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- MIGA, a partner of the World Bank Group, has published stakes of up to $25.6 million to Escotel Mauritius insulating its enterprises in solar power generation in Liberia and Sierra Leone for ten...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– Ghana’s oil reserves is left with about 2.5 billion barrels more to be produce if new oil discoveries are not found. This represents about 86% of the total oil reserves. According to Fitch Solutions, only...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Tractors and supplementary agribusiness machines are being hauled to three locales in Kambia and Bonthe districts to pioneer the vastest scale rice farming project in many years, hoped at reducing...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The African Development Bank (AfDB) approved an emergency aid of $686,000 to Madagascar intended to cope with the combined effects of the drought and the Covid-19 pandemic in the far south of the island. This...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- THE Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the Pan-African banking group is facilitating payments across Africa as countries start the...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Zimbabwe mineral exports, ignoring gold and silver, in 2020 spurted by 27%, developing the country $2.4 billion, according to the Minerals and Marketing Authority of Zimbabwe (MMCZ). “Up to...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- President Magufuli on January 18th, 2021 commence a two-day tour in the Kagera Region where he will examine and inaugurate numerous ventures worth $48.99 billion, Dr. Hassan Abbasi – Permanent...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Kenema City Council has unveiled its development plans for 2021 while highlighting the successes and challenges of 2020. Communicating with correspondents at the council’s end-of-year briefing at...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd has stated that its cement expansion plan and...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Ethio Telecom, Ethiopia’s National Telecom has announced plans to invest in the financial sector, seeking to boost the company’s operation besides its traditional telecom service. Frehiwot Tamiru,...