Blog 1 Column

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- From agro-processing initiatives to energy, transportation and water and sanitation services, transformative investments by the African Development Bank are paving the way to unlock Africa’s economic potential, according to the 2020 Annual Development Effectiveness Review (ADER). The report, which analyzed the Bank’s contribution to Africa’s development in 2019 is themed Building resilient African economies....

By Abdul Rahman Bangura–  NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The United Bank for Africa (UBA) restated its obligation to grassroots banking embodying by improving its agency banking network. At a virtual media briefing with journalists from across African countries, the bank’s Group Head – Retail Liabilities, Ogechi Altraide, admitted it has organized agent networks across twenty African countries, to provoke banking nearer to the people....

By Abdul Rahman Bangura–  NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- As a facet of its workouts to record Africa Industrialization Day 2020, the African Development Bank (AfDB) has exhorted the African mainland to expedite industrialization for the modification of African thrifts. “Industrialization, where we add value to what we competitively produce and then export, and also trade among ourselves on the back of the African Continental Free Trade Area (AfCFTA)...

By Abdul Rahman Bangura–  NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- However, from an assertion broadcasted by the Ministry, Soraz Refinery in Zinder, Niger Republic, has an established refining facility of 20,000 barrels per day correlated to the nation’s 5,000bpd household requirement. And this takes off a surplus of 15,000 barrels per day. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari endorsed the MoU on behalf...