Investment

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Utilizing the Egyptian currencies will promote the rising costs of the utilization of foreign currencies as a result of high global inflation, Egypt’s Ministry of Foreign Affairs remarked, referencing Ragy El Etreby –...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- The African Guarantee Fund (AGF), a player in promoting financing of Small and Medium-sized Enterprises (SMEs) across Africa and FSD Africa, a pioneering development agency committed to reshaping Africa’s long-term financial landscape, have...

By Brian M’Bowe- NEW AFRICA BUSINESS NEWS (NABN) Denver Colorado USA- In 2023 of September, the three military Administrations founded the Alliance of Sahel States a defensive and economic agreement. Burkina Faso’s Defense Minister – General Kassoum Coulibaly, asserted that, the negotiations in Ouagadougou...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Dedicated to leading digital solutions for Africa’s progress, MTN Group committed to investing US$215 million in infrastructure in Benin over the next three years and building a state-of-the-art office for subsidiary MTN Benin. These pledges were made...

By Brian M’Bowe- NEW AFRICA BUSINESS NEWS (NABN) Denver Colorado USA- Ilhan Omar, member of the US Congress, has been beckoned to resign from her position…Minnesota’s 5th Congressional District for purportedly brandishing the African Continent’s interests ahead of those of the United States. On...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Selu Limited- a critical investor has bent on to widen its operations to over 20,000 acres within the project to pilot phase that enlisted record-breaking maize yields of up to 35, 90kg bags per acre, the highest in Gala...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- The Board of Directors of the African Development Bank (AfDB) has agreed that the Bank should take a stake of $10.50 million in the capital of Seedstars Africa Ventures S.L.P. venture capital fund to enable it to invest in innovative African...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Ministry for Minerals Communication Unit and the conference (Mining Indaba) disclosed that, it would galvanize about 900 investors, 40 sectoral institutions, and approximately 1,000 executives from large firms from across the...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- In his visit, Blinken went to the Stade Olympique Alassane Ouattara D’Ebimpé in Côte d’Ivoire for an Admiral’s Cup of Nations soccer game, where he was gifted with a shirt bearing his surname. Blinken hailed Ivory Coast...