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    African Agricultural Technology Foundation (AATF) in alliance with SEEDAN, National Agricultural Seed Council (NASC) and supplementary stakeholders inaugurated a start-up Company in Nigeria

    By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – The company, ‘EcoBasic Seed’ with its functional headquarters in Kaduna will, be the second AATF funded business set up to in a bid to finance first generation seed advancement. The first is...
    Posted On 28 Nov 2021
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    …$450 Billion hovered to enhance potential growths according to the World Bank, and other partners, Women motivated to tap into the African Continental Free Trade Area

    By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Bent on the African Continental Free Trade Area (AfCFTA) steadied to yield possible profits of up to $450 billion according to the World Bank, the International Trade Centre (ITC) and the...
    Posted On 27 Nov 2021
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    $40 Million Fund Approved for Ghana to Establish the Development Bank by Board of Directors of The African Development Bank

    By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- The Board of Directors of the African Development Bank Group approved a grant of $40 million from the African Development Fund to the Republic of Ghana to further capitalise The Development Bank Ghana (DBG), a newly...
    Posted On 26 Nov 2021
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    Over $24 Million Funds by Tony Elumelu Foundation to Support Entrepreneurs of Small Medium Enterprises (SMEs) in Africa for it 2021 Programme

    By Richard Adorsu-   NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA-  Over $24 Million Funds by Tony Elumelu Foundation to Support Entrepreneurs of Small Medium Enterprises (SMEs) in Africa for it 2021 Programme. The Tony Elumelu Foundation (TEF), the leading philanthropy...
    Posted On 26 Nov 2021
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    18

    $410 Million agreed to be subsidized by South Africa’s MTN Group Limited and IHS Holdings Limited in providing Health Services in Nigeria

    By Abdul Rahman Bangura– 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...
    Posted On 22 Nov 2021
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    14

    $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)

    By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – An analysis of the pacts, was completed in every facet in Durban, South Africa, implied that $750 million agreement was approved in the name of Eroton Exploration and Production Company...
    Posted On 20 Nov 2021
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    18

    Ghana Confident Production of Its Cocoa Beans Will Hit 1.5m Metric Tonnes

    By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra – CEO of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has announced that the ongoing rehabilitation of all areas which have been affected by the cocoa swollen shoot virus disease will increase cocoa production...
    Posted On 19 Nov 2021
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    12

    $150 Million has been approved by the Board of the AfDB Group to the ETC Group Limited in enhancing Capital requirements and support of its Food Production Across 10 regions in the Landmass of Africa in bolstering for Smallholder Farmers

    By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – The venture will assume the contour of a trade and agri–finance package encompassing a $75 million soft merchandise finance facility to finance the group’s pre and post– shipment...
    Posted On 16 Nov 2021
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    14

    The Registrar of Financial Institutions, Reserve Bank of Malawi (RBM) Governor endorsed Press Corporation Group Pension Fund to enhance Programmed Withdrawal Service

    By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Press Corporation Group Pension Fund’s Principal Officer, Bidronce Chiphaso, in a consultation on Thursday, November 11th, 2021 announced, the improvement mean a lot. He explained that their...
    Posted On 13 Nov 2021
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    11

    Discerning the footpath of Aliko Dangote and Abdul Samad Rabiu, lessors of Dangote and BUA Cement Plants, Investment baron Alhaji Dahiru Barau Mangal is put to construct a Cement Factory and a Power Plant

    By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Dahiru Mangal Industries has approved a $600 million (about N246.3 billion) pact with China Sinoma International Engineering, to construct a three–million metric ton per annum cement...
    Posted On 12 Nov 2021
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