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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Tanzania’s State power utility firm will supply 70 megawatts of electricity to power first phase of the standard gauge railway (SGR), will start operations in the coming months. Energy Minister Medard Kalemani said, construction of power lines between Dar es Salaam (Kinyerezi) and Morogoro (Kingorwira) were completed. Tanzania...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Allied Air of Nigeria, begets a Boeing 737-800 freighter jet, greatly to the pleasure of the Minister of Aviation – Hadi Sirika and the Central Bank Governor, Godwin Emefiele, amongst others. Specifically, the recent accession plops the IATA authorized cargo airline on top other freight operators on the...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- The Secretary General for AfCFTA Secretariat, Wamkele Mene is expected to headline the maiden Africa Private Sector Summit for this year slated for March 8 to March 12, organizers of the summit have announced. The five day event is primarily meant to fashion out strategies to improve the ease of doing business in Africa and is under the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The ECOWAS Bank for Investment and Development (EBID) has approved a €40 million framework agreement with the ODDO BHF Aktiengesellschaft, a Franco-German financial services group with a longstanding track record and expertise in trade financing. The account in question would be utilized to enhance the chances for...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Ghana has on March 3, 2021 signed a trade partnership agreement with UK that secures tariff-free trade and provides a platform for greater economic and cultural cooperation. The deal supports a trading relationship worth £1.2 billion and reinstates the terms of the economic partnership agreement between the two sides when the UK was part...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- As rampant smuggling of different products threatens to cripple the local manufacturing industry, economics professor at the Polytechinic —a constituent college of the University of Malawi— Betchani Tchereni, has urged government to seriously consider strong measures that can help to curb the malpractice. Professor...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Customers in Singapore and across the world will now have easy access to some of Rwanda’s traditional products following a move by the country’s leading online supermarket, RedMart, to trade them online. The development was announced by Jean de Dieu Uwihanganye, Rwanda’s High Commissioner to Singapore on Monday, March 1. According...