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By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The African Development Bank (AfDB) approved financing for $14.96 million project to help women in Sudan access finance and grow their businesses. The financing comes in the form of a grant. The Accelerating...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone-  The Global port operator – DP World has ratified approvals with the administration of Senegal to improve a deep-water port at Ndayane worth a sum of $1.127 billion, its massive venture in...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The African Continental Free Trade Area (AfCFTA), slated to liftoff in January 2021, is inclined to be a godsend for African regional and international agri-food trade, according to reports. Agrarian...

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...

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 –...

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 title...

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...

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...

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...

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 –...