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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA – Angola has signed a Memorandum of Understanding (MoU) with solar project developer, Sun Africa, and U.S.-based AfricaGlobal Schaffer, for a $1.5 Billion mini-grid project to supply solar electricity and drinking water to the southern provinces of Cunene, Namibe, Cuando Cubango and Huíla in Angola. During a visit to the U.S....

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The search engine giant, a unit of Alphabet Inc., inaugurated the Africa Investment Fund, that will subsidize $50 million in startups and empower those corporations with access to Google employees, its network, and other technologies. In partnership with the nonprofit organization Kiva, Google announced, it will...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Angola’s Parliament on September 1st, 2021 ratified a law to strengthen the central bank’s sovereignty by rewriting the way the governor is designated and the statute of the bank. During a meeting of the central bank’s monetary policy committee since the law was approved, its members evaluated which of its...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The African Development Bank (AfDB) asserted in an announcement tagged ‘African Legal Support Facility celebrates achievements as it begins new 14-year mandate.’ The statement read, “African leaders lauded the African Legal Support Facility for helping governments avert billions of dollars in losses from business...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA – The African Development Bank (AfDB), in partnership with the Nordic Development Fund and the Government of Denmark will roll-out a program to strengthen access to climate-resilient water and sanitation resources in Burkina Faso, Ethiopia, Mali, Niger and Somalia. The initiative is expected to strengthen recovery in the wake...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- - The African Development Bank (AfDB), in partnership with the Nordic Development Fund and the Government of Denmark will roll-out a program to strengthen access to climate-resilient water and sanitation resources in Burkina Faso, Ethiopia, Mali, Niger and Somalia. The initiative is expected to strengthen recovery...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA – The Development Bank of Southern Africa (DBSA) will partner with Invest Africa to generate sustainable finance solutions for the Continent during The Africa Debate 2021. The forum, which will take place from 14-16 September, will see African business, policy and other industry leaders meet to discuss how the region can assert...