Nigeria: Launches National Domestic Payments Card Program

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The Central Bank of Nigeria (CBN) has launched a national domestic payments card program called AfriGo, meant to help the country gain a competitive edge in a market dominated by Visa and Mastercard. The AfriGo card has the potential...
Posted On 02 Feb 2023
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In Guinea-Bissau: ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Dialogues stood around the “Common Currency and Inter-bank Payment System as Promoters of Regional Trade by 2027”. Tunis – the speaker of The ECOWAS Parliament said, they are venturing on these conversations...
Posted On 01 Feb 2023
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$30 Billion has been pledged: By the African Development Bank and Development Partners to Finance Food and Farming in the Next Five Years

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Dakar 2 Feed Africa Summit ended on Friday with a $30 billion pledge by the African Development Bank (AfDB) and development partners to finance food and agribusiness on the continent in the next five years. Of the...
Posted On 31 Jan 2023
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President William Ruto of Kenya: Urged fellow African Rulers to address on Agribusiness beyond Production to Value Addition and Manufacturing

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- President Ruto told, Africa has the probable to produce excess food for export remarking that, it cod generate additional revenue and create jobs, particularly for the youth. Speaking during the Dakar 2 Summit – Feed...
Posted On 27 Jan 2023
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Africa’s Economic Growth to Outpace Global Forecast in 2023-2024- AfDB Report

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024. This is higher than projected global averages of 2.7% and 3.2%,...
Posted On 26 Jan 2023
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Growers in Uganda: To succeed from Nigeria’s AFEX’s Tech-Enable Products having expanding its Products Exchange Business in Nigeria’s AFEX from Kenya

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- In its first year of undertakings in Uganda, the business intends to attain 10,000 planters and aggregate 15,000 metric tons of commodities, while expanding its accumulation, storage, and financial inclusion services...
Posted On 25 Jan 2023
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Nigeria: Sets Quality Control and Assurance Laboratory for the Oil and Gas Industry

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The Nigerian Content Development and Monitoring Board, (NCDMB) is set to increase indigenous capacities, capabilities and competencies in the oil and gas industry, the Executive Secretary, Engr. Simbo Kesiye Wabote commissioned a...
Posted On 20 Jan 2023
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Zimbabwe: Records it’s Largest Wheat Production in 2022

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Zimbabwe registered its largest wheat harvest in 2022,  with 375,000 tons, making the austral African country a self-sufficient agricultural powerhouse. With 375 thousand tons of wheat harvest registered for 2022, Zimbabwe is set to...
Posted On 16 Jan 2023
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Kenya’s Electricity Generation: Capacity Rises at 3,000MW

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Kenya incorporated 102.34 megawatts to its installed capacity for electricity generation in the fiscal year 2021/22, bolstering efforts to provide stable power at a time when peak demand reached a new high. According...
Posted On 13 Jan 2023
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Egypt: Pound diminished by 13% below 32 to the U.S.D as the Central Bank of Egypt started a flexible exchange rate of an International Monetary Fund Financial Support Package

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The pound’s deterioration provoked supposition as to how the moolah might ultimately decline, with some critics striving at least some foreign investors may retreat to the Egyptian market and Egyptians working...
Posted On 12 Jan 2023
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