Sixteen Billion Leones: Virtually Procured by China Friendship Salone and General Services of Seven Forty Feet Containers Comprising of Water Connection Equipment

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Sierra Leone Water Company (SALWACO) has collected seven 40ft containers comprising connection equipment worth over Sixteen Billion Leones. The materials were procured by China Friendship Salone (CFS) &...

Central Bank of Liberia: Divulged the Entrance of L $4 Billion Banknotes in order to Soothe Liquidity Burden on the Liberia Thrift

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Central Bank of Liberia (CBL) says in a release that, the safe coming of extra four billion Liberian dollar banknotes were secured in the vaults of the Central Bank of Liberia Headquarters on July 7th, this year....

President Uhuru Kenyatta of Kenya: Endorsed the Resumption of Domestic Flights Ambling toward Next Week

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- July 15th, 2020-domestic flights in Kenya shall restart operations regulated to diverse precluding procedures, President Uhuru Kenyatta has declared openly. In his speech to the country on the position reopening of...

Ghana and World Bank: Partner to Create Jobs, Skills Development and Digital Transformation

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- The World Bank’s Board of Executive Directors approved US$315 million from the International Development Association (IDA) to support job creation, skills development and digital transformation in Ghana. This financing includes...

Ivory Coast: Coffee and Cocoa Council Begins New Reforms

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Ivory Coast’s Coffee and Cocoa Council (CCC) is introducing reforms aimed at boosting domestic exporters, by reducing fees they pay when acquiring beans, CCC and industry sources said. The new measures also limit stockpiling of beans...

Morocco: Ports Agency and French Development Agency Ratified a Loan of €10.8 Million

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Moroccan Ports Agency (ANP) and the French Development Agency (AFD) on July 2nd, 2020 endorsed a loan partnership of €10.8 million (1.1 billion DH), correlated with a specialized subsidy grant of €813,000 (8.7...

New Deal on Energy for Africa: Steadied to Bestow Electricity Access to over Thirteen Million People

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- A little over five years into the African Development Bank’s ambitious New Deal on Energy for Africa (NDEA), the Bank’s investments are assign to deliver electricity entrance to approximately thirteen million people...

$20 Million to be saved Yearly: Upon Construction of a Multi Million Dollar Mining Plant in Zimbabwe

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The administration of Zimbabwe has complimented improvement made on the building of a multi-million dollar mining consumables factory by Intrachem Pvt Limited in Kwekwe. Winston Chitando – Mines and Mining...

Ghana Finance Minister: Commissions Digital Petroleum Measurement Project to Increase Government Revenue

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- In order to realize its full revenue from various tank farms across the country, the Ministry of Finance and the Ghana Revenue Authority in collaboration with Strategic Mobilization Company, has commissioned a digital downstream...

Zimbabwe’s Money Policy Satisfactorily Subsidized by $1 Billion in their Foreign Currency Accounts

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Zimbabwe’s  Mangudya confirmed that, local lenders have almost $1 billion in their Foreign Currency Accounts (FCA). “It’s about adequate reserves utilization of resources,” Mangudya was quoted in...