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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Africa is set to be the second-fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple global shocks. But the projected growth will depend on...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – He made these remarks during the ongoing AfDB Annual Meetings in Sharm el-Sheikh, Egypt. Dr. Adesina emphasized that Africa should know from prior blunders and venture on its reserves to vigorously...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The informal sector in South Africa is showing signs of a movement away from cash, a new Mastercard study has found. In a white paper titled ‘Driving Financial Inclusion In South Africa’s Informal Economy: The Landscape...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Etienne Bailey – the Director of the Project Implementation Unit at the TRANSCO CLSG steered the team followed by TRANSCO’s Engineering Coordinator – Erik Achi, and the Procurement and Contract...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – The Dangote Petroleum Refinery, which covers an area calculated at 2,635 hectares— about times the size of Victoria Island in Lagos, Nigeria—is anticipated to be Africa’s biggest oil refinery and the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – In the opening of Tanga City’s largest Liquefied Petroleum Gas (LPG) depot constructed by Lake Gas Limited – a branch of the Lake Group of Companies Managing Director/CEO of Absa Bank Tanzania...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Akinwumi Adesina’s – President of AfDB started on Monday, May 15th, 2023, shows up after retired growers declined a preliminary bargain to obtain an expenditure within 10 years via treasury bills,...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Following years of delays and regulatory hurdles, Dangote Industries Limited is preparing for a ceremonial opening this month at its Lekki Refinery in Lekki, Nigeria, which will be the biggest refinery in Africa. The...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Captan addressed correspondents over the weekend during the commissioning of the LEC Unit power plant at the maintenance at the LEC Mount Coffee Hydro in Harrisburg. Captan noted that the Liberia...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – …about two-thirds of a pipeline that will carry gas produced in the South of Nigeria to the power-deprived in the North, has been completed. The 614- kilometer project is advancing slower than...