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By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- The government of Tanzania, the African Development Bank, and the French Development Agency (AFD) have signed agreements for two development project loans worth $300 million. The funds will finance the construction...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Chairperson Yakubu Dadu the Ad Hoc Ministerial Committee on the construction of the New ECOWAS Community Institutions Headquarters Ministerial Committee said this at a meeting at the experts level...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The agenda is a component of the African Union’s binding layouts for expanding commerce and transportation on the African Landmass, and would certainly give a six lane expressway, which would cost...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Ghana is investing US$108 million over the next 5 years to drive self sufficiency in soybean production for the domestic market and increase competitiveness in the value chain. According to Ankobia, the Director...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Communications Officer – Wealth Dickson Ominabo on Wednesday, April 12th, 2023 revealed on Goodluck Jonathan Foundation, announced the delegation also encompasses past President Goodluck Jonathan and...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Kenya Space Agency (KSA) has announced that the country will launch its first operational satellite in a landmark achievement for the country’s space program. Codenamed Taifa-1, or Nation-1 in Swahili, the project is...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The Benban Park expands over an area of 37 square kilometers near the “desert road” between Aswan and Cairo. Initiated in 2018 with the commissioning of the first photovoltaic plant, this...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Cheaitou Brothers have founded Liberia’s first mayonnaise factory – the Blue Lake Mayonnaise. It’s placed on the Freeport Road in Monrovia. The Chief Executive Officer of Blue Lake...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The cooperation strives to broaden Access Africa’s remittances, which is a benefit that enables clients to transfer and receive money from anywhere in the world. The coalition will streamline...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- To support economic activity and job creation in 10 countries across sub-Saharan Africa, IFC has announced an investment in a risk-sharing facility for the Bank of Africa Group (BOA) that will ease access to finance...