Blog 1 Column

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) 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 furnish safety to Escotel Mauritius against the threats of Transfer Restriction, Expropriation, and War and Civil Disturbance. And MIGA’s pledges will subsidize the...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) 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 far been produced from the Jubilee and TEN fields, since the country began oil production in the year 2011. “So far, just 400mn bbl of oil (gross) has been produced...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) 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 importation of rice – the country’s staple eats. The co-ordinator of the Rice Value Chain Project (RVCP) in the Ministry of Agriculture and Forestry, Abdulai Bun-Wai...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) 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 assistance, vital for the most vulnerable groups and support for the prevention of acute malnutrition. It is thus planned to acquire and distribute 510.52 tonnes of rice, 195...