Business

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- A notable effort towards a thriving digital Africa was brought this week with the blastoff of the Federation of African Digital Businesses (FADB). This unique ambition, cropped up by administrators...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- “Arranged and coordinated by Afreximbank, the accordion arrangement saw the raising of a combined total of US$925 million from a consortium of crude oil off-taker lenders including but not limited to...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Museveni asserted, Ugandan exports to EAC were in $2.140b in 2023 while those to the COMESA countries were $2.157b. The production of cement 6.4million Metric tonnes with an internal demand...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The CEO of BKG Exhibitions asserted in a notable auto hub in Africa, there is an utmost desire to begin the local manufacturing of auto parts. “Let us initiate this with auto parts, as it will have a...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Minister beckoned for the establishment of Regional Funds to draw financial resources for infrastructure development to navigate intra-Africa trade, and enable to ameliorate the crystal financial...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been announced as the Best Regional Bank – West Africa at the prestigious African Banker Awards 2024. The annual African Banker Awards, organised by the...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Growth evolves at a circumstance when the clean tanker market is experiencing sustained advancement. The naphtha exports from Dangote are bolstering the ton-mile demand in the clean tanker sector....

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Nicholas Agbo Ella – Perm. Secretary to the Federal Ministry of Petroleum Resources divulged in a statement issued on past Friday, remarked the validation currently fixes Nigeria conveniently to win...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Convened by the International Plant Protection Convention (IPPC) and the Food and Agriculture Organization of the United Nations (FAO), the meeting gears to notify the early warning, detection and...