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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The pre-series An enterprise was overseen by Enza Capital with participation from Swiss Impact investors Elea Foundation, and Harvest, the local enterprise fund of the worldwide Endeavor entrepreneurs. Other re-investments have moreover been attained from existing investors incorporating E4EAFrica, Yebo Fresh’s biggest investor. Private investment vehicle Simple Capital was the lead consultant on the deal. Yebo delivers groceries and food on order to South African townships, with the corporation hoping to thrive its market to march the increasing township population. “This funding will allow us to grow into new product categories and market segments, expand our systems and warehousing infrastructure, and...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- There remains only one year to reach the target yet the country has not even produced half of the projected demand, a situation that has left officials scratching their heads for major interventions. Solange Uwituze, the Deputy Director-General of Animal Research and Technology Transfer at Rwanda Agricultural Board (RAB) – Solange Uwituze said: “It presents therefore a great opportunity for investment for anyone interested including Victory Farms.” Uwituze said that aquaculture is a thriving sector in Rwanda with a subsidy of 10% to the national fish production, strengthening that, it is targeted to be navigated by the Private Sector for it to be the fundamental basis of fish production....

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Dr. Ashatu Kijaji – Tanzania’s Minister of Investment and Trade, revealed to The Citizen a Tanzanian news agency that: “We have yet to identify the products. We have only recently begun discussions with members of the business community in order for them to tell us which products they want to trade under the AfCFTA arrangement,” the minister noted. She asserted her notion that beginning July 2023, Tanzania will authorize the traffic of ten items. The first betrothal meeting between the public and private sectors took place last week, and the Minister pledged that successive follow-up meetings between both sectors would occur. Dr. Kijaji proceeded by mumbling that attendees of the meetings will use them as a...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Discovered South of the capital of Dakar, the port was establish to evolve the biggest port enterprise DP World has ever made in Africa. The administration of Senegal in 2022 and DP World placed the initial boulder marring what they let out was the outset of the construction of the port. Nonetheless, twelve months delayed, undertaking has stayed in stand still thus, to the letdown of the administration of Senegal to deliver its percentage of financing for the project after agreeing on to boost Senegal’s investment in the project from 10 to 40% Macky Sall – Senegalese President has immediately declared openly that financing is in position and building of the port that is formulated to improve the nation’s...