Investment

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- AFEX, Nigeria’s commodities exchange and commodities market player, has announced its expansion into Kenya, following a successful pilot phase in the most diversified economy in East Africa. As part of the expansion, AFEX Fair Trade Limited...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- A delegation from Nigerian Shippers’ Council (NSC) paid a working visit to the Ghana Shippers’ Authority (GSA) in a move to intensify collaboration to improve the quality of services offered at the various ports in the two countries. The Nigerian...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Tanzania has started distributing subsidised inputs to cashew farmers in its efforts to meet its target of producing 400,000 tonnes in the next season and 700,000 tonnes by 2025. Government aims at increasing the use of Sulphur powder, liquid...

By Abdul Rahman Bangura–  NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – In the lift-off of the 4th, Phase of Nestle Empowering Rural Women across Nigeria. Nestle Empowering Rural Women Project is helping more rural women in Nigeria to build financial security and enhance their precept of living...

By Abdul Rahman Bangura–  NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – A statement disclosed by the World Trade Organization (WTO) has asserted leveraging trade to enhance pandemic defenses needs cooperation beyond trade consensuses. The Multilateral Leaders Task Force on COVID-19 Vaccines,...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- African Development Bank Group President Dr. Akinwumi Adesina wrapped up his official visit to Kenya, meeting with African diplomatic envoys and international development partners in Nairobi. He called for joint collaborative support to help...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- The government of Ghana and development partners, including the African Development Bank(AfDB), the Climate Investment Fund (CIF), and the Swiss Government Federation, have signed a grant agreement worth $69.88 million to improve access to clean and...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- The African Development Bank has approved a $1.5 billion facility to help African countries avert a looming food crisis over the next two years. With the disruption of food supplies arising from the Russia-Ukraine war, Africa now faces a shortage of...

By Abdul Rahman Bangura–  NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Building of the terminal that began in September 2018, is anticipated to improve the port’s annual capacity by 450,000 containers, giving rise to the cumulative annual capacity to 2.1 million containers. Kenya Ports Authority...