Blog 1 Column

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - The $1billion Mpatamanga dam on the Shire River is a public-private cooperation that beholds Scatec and EDF financing, building and operating the 350MW plant. Scatec and EDF will together carry a 55% equity stake in the project. The Malawian government will own 30% and the World Bank Group’s International Finance Corporation (, IFC) will own 15%. The IFC is providing $350 million towards...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - The announcement was made by the Nigerian National Petroleum Company (NNPC), Nigeria’s only entity licensed to operate in the petroleum industry. The information was made by the Nigerian National Petroleum Company (NNPC) two months after Dangote Industries Limited opened an application to raise N300 billion ($723 million) in a bid to finance the group’s integrated petrochemical complex. Mele...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - Kwasi Kwarteng parents were from Ghana in the 1960s, while Cleverly’s mother hails from Sierra Leone and whose father is white, has in the past spoken about being bullied as a mixed race child and has told the party needs to do more to attract Black voters. Suella Braverman, whose parents migrated to Britain from Kenya and Mauritius six decades ago, succeeds in Priti Patel as the second Ethnic...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Rwanda launched the GasMeth Compressed Natural Gas project in Lake Kivu. In attendance was delegates from the African Export-Import Bank (Afreximbank). The project, being developed by Gasmeth Energy Limited, has the capacity to rapidly transform the industrial and trade landscape of Rwanda and the broader East African sub-region. Afreximbank’s involvement in the project dates back to 2020, when the Bank...