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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 Exim Bank, Lawrence Agyinsam, explained that, his outfit would support the entire value chain of yam...

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 Infrastructure Project Preparation Facility Special Fund (NEPAD-IPPF) to support the market analysis and...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - Since trust in Zimbabwe’s moolah is bad after people saw their savings snuffed out by hyperinflation in 2008 that attained five billion per cent, according to the IMF, some Zimbabweans crave to rush on the illegal market for scarce US dollars to keep at home as savings or for daily transactions. The Central Bank...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Dangote Industries Limited, has successful completed its $452 million (N187 billion) series 1 bond issuance which is the largest corporate bond ever issued in the history of the Nigerian capital market. This landmark transaction represents the first issuance by DIL at Group level and comprises of a 7-year Tranche-A bond issued at...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The World Travel & Tourism Council (WTTC) has revealed the Travel & Tourism sector in Nigeria is expected to create 2.6 million new jobs over the next decade, doubling the number of those employed within the sector by 2032. The forecast from WTTC’s Economic Impact Report (EIR) shows an average of nearly 260,000 new jobs will...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Angola’s national oil company Sonangol has announced the addition of a production unit at the country’s only operating oil refinery, the 65,000 barrel per day (bpd) Luanda Refinery. Built with support from Italian energy major, Eni, the unit will significantly improve the production of refined fuel products in Angola, enhancing...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The East African Community has unveiled the Regional Bioeconomic Strategy 2021/22-2031/3 at the EAC Headquarters in Arusha, Tanzania. The strategy will offer an opportunity for Partners States to achieve their individual aspirations, making use of the region’s abundant natural resources, including underutilized agricultural waste...