Investment

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– With lots of businesses being affected by the global pandemic, mining was not left out as it saw a big decline in revenue in the 2020 fiscal year. According to data and analytics company Global Data, the pandemic had a significant impact on...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– In completion of administration’s of Sierra Leone ambition to improve digitalized operations in Ministries, Department and Agencies, (MDAs) that would strengthen Egovernance, efficient and effective service delivery, the...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone–  Despite the funds budgeted by the Federal Government, the Dangote Group is the second largest donor to education in Nigeria. And also the nation’s biggest private sector employer. Through a paper discerned by newsmen indicates...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. Benedict Oramah,...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Since the African Union thrusts for its fresh flagship 2063 schedule — initiatives for prosperity and peace on the continent –Investment in Agriculture will take advantage of a key part for advancement announces the...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Rwanda’s Minister of Foreign Affairs has disclosed that, the nation has preserved a preliminary obligation of $200 million from the African Export-Import Bank to finance the country’s preparations to host the Fund for Export...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– Kenya Electricity Generating Company (KenGen) signed a $6.5 million contract with Office Djiboutien De Development De lenergie Geothermique (Djiboutian Office of Geothermal Energy Development) (ODDEG), to drill three geothermal wells in...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Gawking for the direction the gust is banging and the sun is glowing, please twirl to Egypt’s Benban solar park. This gigantic project, will have the capability to generate 1.8GW on fulfillment, is recommending to peddle...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The World Trade Organization (WTO) has summoned an important general council seminar, at which the retired Nigerian Finance Minister and World Bank vet is believed to be officially assigned as the global trade body’s new...