Multilateral Investment Guarantee Agency(MIGA): A retinue of the World Bank Group, prioritize the usage of Solar to Power Cell Towers in Liberia and Sierra Leone

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- MIGA, a partner of the World Bank Group, has published stakes of up to $25.6 million to Escotel Mauritius insulating its enterprises in solar power generation in Liberia and Sierra Leone for ten years duration. The...
Posted On 25 Jan 2021
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Ghana’s Oil Reserves Left with 2.5 Billion Barrels

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Ghana’s oil reserves is left with about 2.5 billion barrels more to be produce if new oil discoveries are not found. This represents about 86% of the total oil reserves. According to Fitch Solutions, only about 400 million barrels of...
Posted On 24 Jan 2021
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$34.12 Million Scheme: Doled out to Mambolo Chiefdom and Samu Chiedom in Kambia District of Sierra Leone and pari passu to Tomabum in Bonthe – Southern Sierra Leone, in a bid to Pioneer the Largest Scale Rice Planting Venture endeavored at ameliorating the Country’s dependency on the significance of the nation’s staple grub

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Tractors and supplementary agribusiness machines are being hauled to three locales in Kambia and Bonthe districts to pioneer the vastest scale rice farming project in many years, hoped at reducing Sierra Leone’s...
Posted On 23 Jan 2021
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Africa Development Bank: Approves Funds to Combat Adverse Effects of Drought in Madagascar

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- The African Development Bank (AfDB) approved an emergency aid of $686,000 to Madagascar intended to cope with the combined effects of the drought and the Covid-19 pandemic in the far south of the island. This aid should be used for...
Posted On 22 Jan 2021
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Ecobank: Transnational Incorporated Chief Executive Officer asserted…the PanAfrican Group is fostering expenditures across Africa since the enactment of the African Continental Free Trade Area Agreement open

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- THE Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the Pan-African banking group is facilitating payments across Africa as countries start the implementation of...
Posted On 21 Jan 2021
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$2.4 Billion: Mineral Exports rose by 27% in 2020, the Minerals and Marketing Authority of Zimbabwe divulged

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Zimbabwe mineral exports, ignoring gold and silver, in 2020 spurted by 27%, developing the country $2.4 billion, according to the Minerals and Marketing Authority of Zimbabwe (MMCZ). “Up to December 2020, we...
Posted On 20 Jan 2021
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President John Magufuli: To Venture on gigantic Projects in Kagera District of Tanzania

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- President Magufuli on January 18th, 2021 commence a two-day tour in the Kagera Region where he will examine and inaugurate numerous ventures worth $48.99 billion, Dr. Hassan Abbasi – Permanent Secretary in the...
Posted On 19 Jan 2021
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Sierra Leone: Mayor Thomas Karim Baio Disclosed the Development Schemes of Kenema City for 2021 and Underscored the Successes and Challenges of 2020

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Kenema City Council has unveiled its development plans for 2021 while highlighting the successes and challenges of 2020. Communicating with correspondents at the council’s end-of-year briefing at the Kenema City...
Posted On 18 Jan 2021
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Dangote Industries: To take Advantage of Africa Continental Free Trade Area to Leverage Expansion, New Trade Routes

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd has stated that its cement expansion plan and fertilizer investments will...
Posted On 17 Jan 2021
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Ethiopia’s National Telecommunication: Ethio Telecom Disclosed Proposals to Venture in the Financial Realm

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Ethio Telecom, Ethiopia’s National Telecom has announced plans to invest in the financial sector, seeking to boost the company’s operation besides its traditional telecom service. Frehiwot Tamiru, Chief Executive...
Posted On 16 Jan 2021
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