Blog 1 Column

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- US$825 Million has been paid by the Board of Directors of African Development Bank to the Olivine Industries Limited – a local unit of Wilmar International, seemingly to construct two plants in concert with the company’s aim to expand its food portfolio with recent products. Wilmar, being recorded on the Singapore Stock Exchange owns 65% regulating equity in Olivine through its local...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Administrators in Dodoma has the conviction to satisfy the US$4.4 billion venture target that craves, to boost the proceeds of healthy oil in the Semiarid region – a contemporary scheme that could propel it to an accepted provincial crossroad for broiling oil. Dr. Binilith Mahenge – Dodoma Regional Commissioner maintains that, Dodoma has the nicest ground for groundnuts and sunflower...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- African Development Bank (AfDB) has raised an exceptional US$3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies. The ‘Fight Covid-19′ social bond, with a three-year maturity, garnered interest from central banks and official institutions, bank treasuries, and asset managers including Socially...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Coal mining companies are exempted from the 21-day Covid-19 national lock-down which starts today, since their operations relate to generation of electricity. In a proclamation, Winston Chitando – Mines and Mining Development validated the deadest development. “Reference is made to the announcement of the national lockdown by President Mnangagwa and the following Statutory...