Government

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Angola’s Parliament on September 1st, 2021 ratified a law to strengthen the central bank’s sovereignty by rewriting the way the governor is designated and the statute of the bank. During a meeting of the central bank’s monetary...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA – The Government of Mauritania, through the Ministry of Petroleum, Mines & Energy and Chariot, the Africa focused transitional energy company, announced the signing of a Memorandum of Understanding (MoU) to progress a potential green hydrogen...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The African Development Bank (AfDB) asserted in an announcement tagged ‘African Legal Support Facility celebrates achievements as it begins new 14-year mandate.’ The statement read, “African leaders lauded the African Legal Support...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone-  The Pipeline to be constructed from Hoima District of Uganda to the Port of Tanga in Tanzania will cover 1,445km at $3.5 billion. The project is credited to be the lengthiest electrically heated pipeline in the world. It is heated as...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA – The East African Business Council and East African Tourism Platform have signed a memorandum of understanding geared to market the EAC bloc as a single and most attractive tourist destination. Speaking at the signing ceremony in Nairobi, Mr....

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA – The African Development Bank (AfDB), in partnership with the Nordic Development Fund and the Government of Denmark will roll-out a program to strengthen access to climate-resilient water and sanitation resources in Burkina Faso, Ethiopia, Mali,...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone-  …through its marketing facilitation program, The African Export-Import Bank (Afreximbank) has on September16th, 2021 confirmed proposal to give $500 million to back up Ethiopian commercial banks through its business facilitation...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Mthuli Ncube announced, he had seen the transformational power of digital doughs after a visit to Dubai and speculates; Zimbabwe could extremely benefit. Similarly, Zimbabwe, like several other African governments, benefits...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Wellington Takavarasha in a consultation told, small-scale and artisanal miners have a crucial position to influence towards the culmination of the $12 billion mining economy. “Statistics of production indicate that, the $12...