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By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- Africa is expected to recover from its worst recession in half a century and reach 3.4 per cent growth in 2021, the African Development Bank said in its 2021 African Economic Outlook report. The outbreak of the novel...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Dr. John Pombe Magufuli published on March 17th, 2021 disclosed that President Magufuli died of heart disease at about 6:00 PM at Mzena Hospital in Dar es Salaam where he was admitted on March...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– CRDB Bank Plc’s Burundi associate now has Frederick Siwale as the new Managing Director of CRDB Bank Burundi. Siwale (49), has fulfilled as Head of Global Markets in the Department of Treasury...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone–  This undertaking will relate both North and South transmission grids in Angola and let for the diffusion of clean energy between the two regions. According to a press clearance on March 15th,...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- The authorities of Benin Republic dispatched a delegation to hunt President Muhammadu Buhari’s intervention for Nigeria to assist the nation produce rice. The goal was to cease smuggling and rice importation within the two...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Published on Monday March 15th, 2021, Burkina Faso is to obtain a new large-scale renewable energy plant, Located some 250km South-East of the country’s capital city of Ouagadougou, close to...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Zambia’s President Lungu encouraged ZARI to Promote Growers with better seed variations in a bid to foster bumper Harvest on their Farming Enterprise, President Lungu advised...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- Ethiopia and COMESA have signed a 5.6 million Euro sub-delegation agreement to improve coordinated border management, trade and transport facilitation at the Moyale and Galafi border posts. Moyale and Galafi borders link...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The African Development Bank (AfDB) has been dubbed as the “Best Multilateral Financial Institution in the world for 2021”. The US magazine, Global Finance, specializing in financial markets...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- The African Development Bank has approved two grants for research that will increase African women’s access to a range of digital financial services including loans and micro-insurance. The grants, for $1 million and...