Investment

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Dr. Umakhihe communicated at the induction of the Technical Working Group (TWG) of AfCFTA in Abuja on August 13th, 2021. He told that, the ambition would establish a single continental market as well as decrease tariffs and the...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Sariki Auwalu, Director of DPR while evaluating the enactment of the Nigerian Gas Transportation Network Code (NGTNC), initiated in 2020, told the investors are contemplating interests in the domestic gas value chain. Auwalu asserted,...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Sophie Chitedze, Country Director of AGRA brought in the statements previously during the blastoff of the Malawi Agribusiness Deal Room under the African Green Revolution Forum (AGRF) 2021. Chitedze noted, the significance of farming...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- Microsoft partners with the Ministry of Education in Kenya as well as governments across Africa to transform the education sector. During an event in London by The Global Partnership for Education (GPE) and hosted by hosted by the UK Government and...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- August 05th, 2021 Mekonen told, this is the increased earnings from energy exports the East African nation has received, with earlier fiscal years’ surpassing the prior revenue by almost $70 million. EEP similarly published proposals...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Reserve Bank of Zimbabwe (RBZ) is proceeding to wipe a $1.7 billion foreign currency backlog which has been scolded for retrogressing growth in the manufacturing sector. This publishes that, the central bank’s foreign...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- Safaricom shareholders have given their nod for the setting up and incorporation of the Safaricom Telecommunications Ethiopia PLC, the company that will begin operation in Ethiopia by next year. Safaricom Telecommunications Ethiopia PLC was set up...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The ECOWAS Bank for Investment and Development (EBID) has officially launched the maiden editions of its West African Development Outlook (WADO) and RENDEZ-VOUS quarterly newsletter under the auspices of Dr. George Agyekum Donkor,...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Bio-technology firm, Oil Castor, says it has paid over US$1 million to castor bean farmers this year alone. Alvaro Arellano – co-founder of the Bio-technology firm, noted, “the firm runs a programme where rural castor bean...