Kenya: To favor Dealings in hard cash despite a Digitization ringlet.. giving drift to Mobile Money and Internet Banking

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– According to data from the Central Bank of Kenya (CBK), aggregate currency in circulation attained an all-time high of Sh315.97 billion in June 2023, comprising Sh30 billion in bank notes and Sh10.56 billion in coins....
Posted On 22 Dec 2023
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$1.03 billion budget: Has been endorsed by the Somalia Administration for the Fiscal Year 2024 to Finance Development Projects

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Hamza Abdi Barre – Prime Minister of Somalia let out the budget was authorized by the cabinet during an extraordinary meeting carried in the national capital of Mogadishu. “The government’s budget this year has...
Posted On 21 Dec 2023
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Tanzania: Exertions to acquire reforms in agriculture, the Agricultural Markets Development Trust (AMDT) has to provide Education on ethical Irrigation system to boost Production

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The AMDT has also urged growers to decrease dependency on rain-fed agriculture, rather they should welcome dry husbandry. The advice was made by MDT Chief Executive Officer, Charles Ogutu, when called upon the...
Posted On 20 Dec 2023
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East African Community (EAC): To Develop Health Data Governance to Foster Digital Transformation of the Health Sector in East Africa

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The East African Community (EAC) Secretariat, the East African Legislative Assembly (EALA) and the Pan African Health Informatics Association (HELINA) have concluded two days of a Consultative Forum on Health Data Governance in...
Posted On 19 Dec 2023
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Africa Development Bank (AfDB): Signs €70 Million Financing Agreement with BOAD to Strengthen Support for the Private Sector

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The African Development Bank Group and the West African Development Bank (BOAD) have signed an agreement on granting a EUR 70 million line of credit to strengthen BOAD’s support. to the private sector in the West African Economic and...
Posted On 18 Dec 2023
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Kenya: Starts trials for New Digital ID Cards for its Citizens

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The Kenyan government has started a pilot scheme for the new digital identification cards. According to a statement released on Wednesday, first-time ID applicants will now be issued with the new cards. Also set to receive the new...
Posted On 15 Dec 2023
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AfDB donates: €73.44 Million Financial aid to Cameroon for the Construction of a Bridge…River Ntem

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Construction of this bridge is component of the Regional Trade and Transport Facilitation Project for the economic corridor between Cameroon, Equatorial Guinea and Gabon. The bridge building is part of the Regional...
Posted On 14 Dec 2023
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President Emmerson Mnangagwa of Zimbabwe: Formerly opens Lithium Processing Plant

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Formerly…the President authorized China’s Sinomine Resource Group’s processing plant and an expanded petalite processing plant at Zimbabwe’s Bikita Lithium Mine. “I commend Sinomine Resource Group for taking heed of...
Posted On 13 Dec 2023
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African Finance Corporation: Signs US$350 Million Long-Term Line of Credit with African Development Bank for Infrastructure

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, today announced that it has signed a US$350 million long-term line of credit with the African Development Bank (AfDB). The agreement,...
Posted On 12 Dec 2023
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$196.43 Million: Ratified by the AfDB as a Loan for the Implementation of Namibia’s 2nd Phase of its Transport Infrastructure Improvement Project

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The AfDB let out in a declaration that the loan describes 51.8% of the project’s aggregate cost, while the Namibian government, the Namibian Administration will provide the 48.2%. The project incorporates constructing...
Posted On 16 Nov 2023
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