Investment

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- In its first year of undertakings in Uganda, the business intends to attain 10,000 planters and aggregate 15,000 metric tons of commodities, while expanding its accumulation, storage, and financial inclusion services to Ugandan...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- The Nigerian Content Development and Monitoring Board, (NCDMB) is set to increase indigenous capacities, capabilities and competencies in the oil and gas industry, the Executive Secretary, Engr. Simbo Kesiye Wabote commissioned a block of Quality...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Zimbabwe registered its largest wheat harvest in 2022, with 375,000 tons, making the austral African country a self-sufficient agricultural powerhouse. With 375 thousand tons of wheat harvest registered for 2022, Zimbabwe is set to become a self...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Kenya incorporated 102.34 megawatts to its installed capacity for electricity generation in the fiscal year 2021/22, bolstering efforts to provide stable power at a time when peak demand reached a new high. According to Epra data,...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The pound’s deterioration provoked supposition as to how the moolah might ultimately decline, with some critics striving at least some foreign investors may retreat to the Egyptian market and Egyptians working overseas...

NEW AFRICA BUSINESS NEWS (NABN) Denver COLORADO, UNITED STATES of AMERICA-  Professor Lumumba is a Pan-Africanist who is enthusiastic about fostering equal rights, good governance, and African unity, being competent to strike the usefulness of veering the center of sobriety to enable Africa to own and interpret...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Nigerian billionaires Abdul Samad Rabiu and Aliko Dangote, along with Greek investor John Coumantaros, have committed a total of $1 billion in investments to sugar production. The investments were made as part of the Nigeria Sugar Master Plan (NSMP),...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Edwin Mhede – Chief Executive let out, World Bank had broadened $97.7 million (Sh219 billion) for the commission of the fourth phase between Tegeta through Bagamoyo and Ali Hassan Mwinyi boulevards and Bibi Titi Road in the city...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The cost of crude oil sanded bigger on Monday January 02, 2022, as China began again to open up after the Novel Corona Virus (COVID-19) while Russia inferred at a generation cut amidst winter storm across North America. The 1.7...