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By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Thermal coal miners have been striving to get at investor blessing amidst the thriving climate skepticisms and a switch towards sustainable investing, with global mining giants unlade such assets as...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- Kenya Electricity Generating Company PLC (KenGen) has started drilling the first geothermal well for Ethiopia Electric Power (EEP) company, setting in motion Phase II of Ksh.7.6 billion contract. The company has so far...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Memorandum of Understanding between the Sierra Leonean Envoy on Entertainment & Investment and the Maryland based firm, GsVictory International LLC would boost investment in Entertainment, a...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The grant sought at establishing the 50-megawatt Malagarasi hydropower plant and an evacuation transmission line and expanding 4,250 rural electrification connections. The grant comprises a $120...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- Dangote Sugar Refinery Plc has urged, the Nigerian government to faithfully follow through with the Backward Integration Policy in the sugar industry as the nation stands to rake in foreign exchange up to $700millon yearly...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Ratified by the administration of Burkina Faso, the single-cross hybrid also suited the first of its kind to be approved in West and Central Africa (WCA). Nafagnon harvests as much as 45% loftier...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- In an announcement, the ministry remarked that the figure exemplified an improvement of about 250,000 tones over the same period in 2020. Among the main crops that have been sent abroad during that...

By Richard Adorsu-   NEW AFRICA BUSINESS NEWS (NABN) Accra- Agriculture plays an integral role in East Africa’s economy as it accounts for over 30% of the region’s gross domestic product (GDP). The sector also employs over 80% of the region’s labor force and accounts for...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- More than 100 years and more after the vices perpetrated by the German colonial power in what is now Namibia, Germany has formally acknowledged the monstrosities inflicted against the Herero and Nama...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Governor of the Nigeria Central Bank – Emefiele announced this development on Thursday May 27th 2021 in Port-Harcourt at the liftoff of the Rivers Cassava Processing Company. According to...