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By Abdul Rahman Suagibu – NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- The IFC – a member of the World Bank Group has pronounced approximately $15 million loan to Stanbic Bank Zambia, a wholly owned Subsidiary of Standard Bank Group. This investment will aid Stanbic Bank expand its...

By Abdul Rahman Suagibu-   NEW AFRICA DAILY NEWS, Freetown, Sierra Leone-  On August 28th, the seventh Tokyo International Conference on African Development (TICAD 7) is in motion in Yokohama. Commencing on 28th August 2019 to 30th August 2019, TICAD 7 is being co-chaired by Prime Minister...

By Abdul Rahman Suagibu –     NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- As record has it, China has many lessons for African nations, in how it has alleviated over 850 million people out of poverty over the last forty years, partly by expanding infrastructure rapidly with a focus...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Kenya exported its first ever batch of crude oil on Monday, with President Uhuru Kenyatta declaring the shipment of 200,000 barrels a “special moment” in the country’s history. The President released the Kenyan flag...

By Brian Moses MBowe- NEW AFRICA DAILY NEWS, Denver, Colorado- 45th annual gathering of G7 Nations Leaders of United States, Canada, United Kingdom, Japan, Italy, with representation  jointly by the European Council and the President of the European Commission, will participates in all...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Dr. Akinwimi Adesina President of the African Development Bank said, (AfDB) current portfolio size of Tanzania has reached $2.1 billion (more than $4.8 trillion) of which 75% is directed to infrastructure financing. The...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Rwanda’s Central Bank possibly would be the first African Central bank to bethink the issuance and implementation of its own digital currency in the African economy. The bank ettles at making transactions more efficient...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- The Southern African state Mozambique has been in a little constraints from debt crisis after conceding in 2016 to $ 1.4 billion of undisclosed lending, suggesting the IMF to cut off support and experiencing a currency...

BY YESMAN ANTOH-   NEW AFRICA DAILY NEWS, Accra, Ghana- Tanzanian President, John Magufuli assumed the chairmanship of the Southern African Development Community (SADC), outlining industrialization as his top priority. The Tanzanian leader took over the SADC chairmanship from President...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Zimbabwe has bent on to allocate more spectrums for mobile services to heighten it to 5G which is the next generation of mobile internet connectivity offering faster speeds and more reliable connections. This emanates as...