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By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Lekoil, an oil and gas exploration and production company with a focus on Nigeria and Western Africa, said it has attained an authorization with Optimum Petroleum Development Company – the Operator of the OPL...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Mulling over the significant part that, the Africa Trade Insurance (ATI) influences in the nation’s financial growth, the European Investment Bank (EIB) donated $12.5 million authorization loan to cover Togo’s...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Policy and advocacy think tank, AfroChampions, is urging African Trade Ministers to convene a virtual summit under the aegis of the African Union to keep on track the operation of the African Continental Free Trade Area (AfCFTA)...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Wamkele Mene, the scribe of the Africa Continental Free Trade Area (AfCFTA) disclosed the postponement of the undertaking of the AfCFTA authorization slated for July 1, 2020, recounting the Novel Coronavirus...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Windfalls to the Maritime Sector of Nigeria, as the sector earned a prominent upswing as the recently developed multimillion dollars state of the art Mobile Harbor Cranes (MHCs) by APM Terminal and were...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- The Executive Board of the International Monetary Fund(IMF) has recommended the allotment of $130 million (SDR 95.680 million) to be brought out under the Rapid Credit Facility to boost Mauritania to withstand with...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- AUDA-NEPAD Chief Executive Officer Dr. Ibrahim Assane Mayaki and Ecobank Group Chief Executive Officer Mr. Ade Ayeyemi have agreed to collaborate on a Continental initiative to support African Micro and Small-Medium Enterprises...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- A department of the Commercial International Bank (CIB) Egypt – the lender has earned majority stake in Mayfair Bank. The Commercial International Bank of Egypt (CIB) has finalized the 51% obtainment of Tier...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- SOUTH AFRICA, shortly after President Cyril Ramaphosa announced that, the Novel Coronavirus pandemic lockdown will be ease on May 1st, 2020 Political parties and trade unions all touted President Cyril Ramaphosa...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- The African Development Bank and SA Taxi Development Finance Proprietary Limited, a wholly owned subsidiary of SA Taxi Holdings Proprietary Limited, have signed a $100 million loan agreement to support the firm’s growing strategy to empower...