Investment

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra Ghana- The head of the Africa Investment Forum, African Development Bank Senior Director Chinelo Anohu, has called for stronger strategic partnerships and greater involvement of African sovereign wealth funds to rebuild the continent’s economies following...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – The President of Guinea-Bissau and Chairman of the Economic Community of West African States (ECOWAS) – Umaro Sissoco Embalo, and different global someone’s on Monday expended a solidarity visit to Sierra Leone...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Nigeria’s Central Bank Governor – Godwin Emefiele has made a new announcement about the eNaira, that the eNaira is a central bank digital vouched by law and issued by the CBN as a legal tender. And it’s the digital...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Africa Continental Free Trade Area (AfCFTA) was ratified in 2018, in Kigali Rwanda and 44 African member nations approved to carry out the deal as a path to smudge into the landmass’s trade chances and strengthen intra-Africa...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Ashok Chakravarti, a fellow of the Reserve Bank of Zimbabwe’s Monetary Policy Committee (MPC), on Thursday told “the issue of the currency board is being looked at”. Lecturing an economic meeting in the resort city of Victoria...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra Ghana- A new report that includes the surveyed opinions of 4,500 Africans from Kenya, Nigeria and Ghana has revealed that the recent wave of technology innovation coming out of Africa is changing how Africans view the continent. When asked if recent...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra Ghana- The Ghana Exim Bank has said it will invest $10 million into the exports of yam. This comes after Ghana emerged as the highest exporter of yam within the sub region in 2021. To maintain this feat, Chief Executive Officer of the Ghana Exim Bank,...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra Ghana-The Secretariat for the Common Market for Eastern and Southern Africa (COMESA) and the African Development Bank have launched phase one of the Africa Cloud Ecosystem Project, to be financed with a $550,000 grant from the NEPAD Infrastructure Project...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Since trust in Zimbabwe’s moolah is bad after people saw their savings snuffed out by hyperinflation in 2008 that attained five billion per cent, according to the IMF, some Zimbabweans crave to rush on the illegal market for...