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By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Rwanda’s Minister of Foreign Affairs has disclosed that, the nation has preserved a preliminary obligation of $200 million from the African Export-Import Bank to finance the country’s...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– Kenya Electricity Generating Company (KenGen) signed a $6.5 million contract with Office Djiboutien De Development De lenergie Geothermique (Djiboutian Office of Geothermal Energy Development) (ODDEG), to...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Gawking for the direction the gust is banging and the sun is glowing, please twirl to Egypt’s Benban solar park. This gigantic project, will have the capability to generate 1.8GW on...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The World Trade Organization (WTO) has summoned an important general council seminar, at which the retired Nigerian Finance Minister and World Bank vet is believed to be officially assigned as...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– South Africa continues to be Zimbabwe’s enormous trading backer, after Zimbabwe’s imported 39% of the $4.39 billion total exports from the neighboring nation in 2020. Irrespective of the...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– Burundi export products are set to access the larger regional market following improvement of their quality standards, made possible through the provision of laboratory equipment to the agency responsible for...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Rio Tinto Limited announced on February 12th, 2021 it has given aptitude to its Guinean counterpart to assist resolve a controversy with local neighborhoods over resettlement for a bauxite mine....

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The African Development Bank has extended financial support to a project that will strengthen the efforts of West African countries to meet their Nationally Determined Contributions (NDCs) targets under the...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Dr. Brima Baluwa Koroma, the Executive Chairman of the Petroleum Regulatory Agency has announced that the Sierra Leone Oil Refinery at Kissy which had lingered for decades will start again operations...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC) and DSV Engineering have signed the Final Investment Decision (FID) for the construction of...