Blog 1 Column

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- UGANDA, Annual performance report of the House of Parliament, Shs 6.15 trillion has been given as loans in 2019. Inclusively , Shs768 billion ($210 million) loan from the Islamic Development Bank (IDB) for the upgrade of Rwekunye-Apac-Lira-Acholibur Road, $110 million also from IDB for the upgrade of Muyembe- Nakapiripirit Road, Shs18.29 billion ($5 million) from the Export-Import Bank of India and...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- TANZANIA, The African Development Bank (AfDB) has signed US$ 55 million facility to revamp implementation of reforms to improve Tanzania’s economic competitiveness and private sector participation in the country’s growth. These reforms will serve as a catalyst to lead to viable and more stronger economy, that will enhance proper living conditions of Tanzanians, with particularity to the ordinary...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- NIGERIA, African Development Bank’s investments in West Africa are remarkably showing good dividends. As disclosed. The President of the Economic Community of West African States (ECOWAS) – Jean Claude Kassi Brou, announced in Abuja, at the bloc’s Fifty-Sixth Ordinary Session, attended by regional heads of state and governments that; the Bank had provided “invaluable technical and...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown Sierra Leone- United States-based manufacturer of solar panel, lighting and batteries - Triton Solar has disclosed that, it would be spending $300 million or more in Nigeria. It’s recorded that, the Company’s Managing Partner, Global Head of Business – Bhagi Sandilya stated on the on the main item of his visit with the Chairman/Chief Executive Officer of Silicon Valley Nigeria Economic Development Inc...