Investment

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Executive Director of Consultancy Group Wealth Masters, Benjamin Acheampong, asserted the idea of “Africa Rising” will continue a misname until circumstances for accomplishing employment on the mainland with solace are established. At...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Established in February in 2019, OVEX delivers South Africa’s heftiest choice of digital investment needs and has connected with various steering cryptocurrency firms and entailing Invictus Capital, Hyperion, and TrueUSD. South...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– Nigerian owned businesses and businesses operating in Nigeria recorded over 106 corporate deals valued at over $4.3 billion (N1.63 trillion) in 2020. This is according to data compiled by Nairalytics the research arm of Nairametrics between...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- MIGA, a partner of the World Bank Group, has published stakes of up to $25.6 million to Escotel Mauritius insulating its enterprises in solar power generation in Liberia and Sierra Leone for ten years duration. The MIGA assurances...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– Ghana’s oil reserves is left with about 2.5 billion barrels more to be produce if new oil discoveries are not found. This represents about 86% of the total oil reserves. According to Fitch Solutions, only about 400 million barrels of oil has so...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Tractors and supplementary agribusiness machines are being hauled to three locales in Kambia and Bonthe districts to pioneer the vastest scale rice farming project in many years, hoped at reducing Sierra Leone’s dependence on the...

By Richard Adorsu- NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The African Development Bank (AfDB) approved an emergency aid of $686,000 to Madagascar intended to cope with the combined effects of the drought and the Covid-19 pandemic in the far south of the island. This aid should be used for food...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- THE Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the Pan-African banking group is facilitating payments across Africa as countries start the implementation of the African...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Zimbabwe mineral exports, ignoring gold and silver, in 2020 spurted by 27%, developing the country $2.4 billion, according to the Minerals and Marketing Authority of Zimbabwe (MMCZ). “Up to December 2020, we managed to surpass...