Blog 1 Column

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA – Ghanaian businesswoman and entrepreneur Roberta Annan launched a €100 million fund to channel investment into small and medium African creative and fashion enterprises in Africa. The Impact Fund for African Creatives (IFFAC), will award grants of up to €50,000 to selected projects to accelerate development of the continent’s creative sector. The fund was launched during Paris Fashion week. The Africa...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The African Development Bank said it will support trade valued at $7 billion over the next five years in a bid to spur the growth of the world’s biggest free-trade area. Established in 1964, the AfDB will ensure loans provided to corporations to peddle their products across the African continent in a motion that will promote the improvement of the African Continental Free Trade Area that ran...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA – Angola has signed a Memorandum of Understanding (MoU) with solar project developer, Sun Africa, and U.S.-based AfricaGlobal Schaffer, for a $1.5 Billion mini-grid project to supply solar electricity and drinking water to the southern provinces of Cunene, Namibe, Cuando Cubango and Huíla in Angola. During a visit to the U.S. in September, Angola’s Minister of Energy and Water, H.E. João Baptista Borges,...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The search engine giant, a unit of Alphabet Inc., inaugurated the Africa Investment Fund, that will subsidize $50 million in startups and empower those corporations with access to Google employees, its network, and other technologies. In partnership with the nonprofit organization Kiva, Google announced, it will contribute $10 million in low-interest loans to enable small business entrepreneurs...