Malawi: $1 Billion Double Dam Generating Capacity Approved by Malawi, Scatec and EDF Financing

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - The $1billion Mpatamanga dam on the Shire River is a public-private cooperation that beholds Scatec and EDF financing, building and operating the 350MW plant. Scatec and EDF will together carry a 55% equity stake in...
Posted On 16 Sep 2022
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Aliko Dangote’s: $19 Billion Integrated Petrochemical Oil Refinery Complex is rescheduled to start Operations in Mid 2023

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - The announcement was made by the Nigerian National Petroleum Company (NNPC), Nigeria’s only entity licensed to operate in the petroleum industry. The information was made by the Nigerian National Petroleum Company...
Posted On 09 Sep 2022
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British Prime Minister Liz Truss: Appointed Kwasi Kwarteng as Britain’s First Black Finance Minister and James Cleverly as the First Black Foreign Minister

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - Kwasi Kwarteng parents were from Ghana in the 1960s, while Cleverly’s mother hails from Sierra Leone and whose father is white, has in the past spoken about being bullied as a mixed race child and has told the party...
Posted On 08 Sep 2022
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Rwanda: Launches Historical Natural Gas Project to Transform the Industry’s Landscape

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Rwanda launched the GasMeth Compressed Natural Gas project in Lake Kivu. In attendance was delegates from the African Export-Import Bank (Afreximbank). The project, being developed by Gasmeth Energy Limited, has the capacity to...
Posted On 07 Sep 2022
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Kenyan Plant Health Regulatory Agency: Dialogues with its Partners in Malaysia to Attain a Wider Global Market

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - Theophilus Mutui – Kenya Plant Health Inspectorate Service (KEPHIS) said, an audit team from Malaysia’s National Plant Protection Organization (NPPO) surmised pest-risk and field examinations at the integrated...
Posted On 02 Sep 2022
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…Airports Council International Rankings: Entebbe International Airport listed Sixth Position amongst the Top Ten African Nations that dealt with Huge Volumes of Cargo Exports and Imports in 2021

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - This is according to the Airports Council International rankings, Entebbe airport handled 65, 115 tones of cargo is 2021, coming in 6th position. Kenya’s Jomo Kenyatta International Airport is ranked 1st, with 363,...
Posted On 31 Aug 2022
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Africa: Urged to Utitlize Domestic Sovereign Wealth Funds to Fastrack the Economic Recovery

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The head of the Africa Investment Forum, African Development Bank Senior Director Chinelo Anohu, has called for stronger strategic partnerships and greater involvement of African sovereign wealth funds to rebuild the continent’s...
Posted On 23 Aug 2022
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Zimbabwe’s President Emmerson Mnangagwa’s Government: Is hovered to Establish a Currency Board Subsidizing all Units of Domestic Currency in Circulation

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - Ashok Chakravarti, a fellow of the Reserve Bank of Zimbabwe’s Monetary Policy Committee (MPC), on Thursday told “the issue of the currency board is being looked at”. Lecturing an economic meeting in the resort city...
Posted On 14 Aug 2022
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Ghana: To Invest into Yam Production

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The Ghana Exim Bank has said it will invest $10 million into the exports of yam. This comes after Ghana emerged as the highest exporter of yam within the sub region in 2021. To maintain this feat, Chief Executive Officer of the Ghana...
Posted On 06 Aug 2022
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Africa Cloud Ecosystem Project: Phase One Launched

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The Secretariat for the Common Market for Eastern and Southern Africa (COMESA) and the African Development Bank have launched phase one of the Africa Cloud Ecosystem Project, to be financed with a $550,000 grant from the NEPAD...
Posted On 02 Aug 2022
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