Investment

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- The African Union Commission’s Department of Agriculture, Food and Agriculture Organization of the United Nations (FAO), Rural Development, Blue Economy and Sustainable Development (AUC-DARBE) have launched a blueprint to boosting intra-African...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- MTN Group affirmed on April 26th, 2021 that it is taking part with equity partners in a bid for a telecoms license in Ethiopia – Africa’s second-most populous nation that exemplifies the final and biggest telco liberalization...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The project finance facility is fostering Karpowership to regulate its 235MW powership alongside the shores of Dakar since August 2019.The MCB’s subsidy is part of a huger $140 million syndicated program finance facility to maintain...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra-  The African energy sector has seen several encouraging developments, in the form of both Foreign Direct Investment (FDI) and strategic partnerships, that have advanced the sustainable development of its natural resources. Despite a global downturn in...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Debswana Diamond Co will expend 65-billion pula (about R85bn) to assemble the world’s biggest underground diamond mine at Botswana’s Jwaneng, which is already the wealthiest mine by value for the previous stones. Thus, the mine will...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The African Export-Import Bank (Afreximbank), in alliance with the United Nations Economic Commission for Africa (ECA), the African Development Bank (AfDB), and Making Finance Work for Africa Partnership (MFW4A) previously published...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Archbishop, John Baptist Odama signed the deal on behalf of the Gulu Archdiocese while Pravin Kekhal, represented the Nwoya based Bukona factory at Cathedral Church in Bardege-Layibi division in Gulu City. According to the...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra- The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) have commended President/CEO of Dangote Industries Limited, Aliko Dangote for the initiative and contributions to the Nigerian economy. A representative of Dangote Fertilizer, Ekene...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- On April 19, 2021, the Kenya National Bureau of Statistics and the Kenya Institute of Public Policy Research and Analysis on April 19th, 2021 inaugurate the National Information Platform for Food and Nutrition (NIPFN). NIPFN is a...