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By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– In July 2024, African airlines expanded their air cargo capacity—the available space on planes for transporting goods—by 10.5%, even as they faced slower demand growth compared to other regions. Across the board, the requests for air cargo heightened by 6.2% year on-year, noting lesser advancement rate enlisted by...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– In offering port facilities and ensuring that cargo and ships are handled in the most effective and efficient manner. Luguje expressed clarity when a delegation from the Burkina Faso Chamber of Commerce led by its Director General – Mahamady Koussoube paid a working visit to the Ghana Ports and Harbors...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Rupert’s wealth soared by $1.87 billion year-to-date, while Dangote’s fortune declined by $1.7 billion during the same period. Johann Rupert, 74, handles the world’s largest luxury watchmaker – Cie Financiere Richemont, which is based in Bellevue, Switzerland. The company owns prestigious brands such as...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Remarked by Ben Kwadwo Sarfo – a grower, and Project Officer at the PFAG, 11th Hour, an international Non-Governmental Organization (NGO) was funding the implementation of the three-month project which covered growers in the Bono East, Bono, Ahafo, Ashanti and Western Regions. 11th Hour works with farmers and food...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– President of Sokec Wu Song and Managing Director of Nilepet Muhammad Lino Benjamin autographed a Memorandum of Understanding (MoU) that could envisage the Chinese firm to commence investing in South Sudan. Benjamin applauded Sokec for its support to the development of the youngest nation in Africa. “With this...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– …Experts envisaged a minute steadiness of the Shilling against the dollar as these sectors have lessened their dollar purchases. As of August 22, commercial banks were quoting the Shilling at 128.50/129.50 per dollar, unchanged from last week. One expert, asserts hope for high market demand, anticipating potential...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– KawiSafi II Fund enables local enterprises to develop and boost climate projects that support vulnerable neighborhoods. KawiSafi II is a $200 million venture equity fund to take care of acquisition fissures in energy transition, productivity, mobility, and logistics in sub Saharan Africa. It incorporates a $10...