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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Energy producer KenGen, has announced a Ksh.13.9 Billion profit before tax for the Financial year ended June 2020. This translates to 8.3% growth in profit from the previous financial year where the company announced Ksh 11.6 Billion profit before tax. The increase was mainly attributed to the additional revenue contribution by the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Executive Director of Consultancy Group Wealth Masters, Benjamin Acheampong, asserted the idea of “Africa Rising” will continue a misname until circumstances for accomplishing employment on the mainland with solace are established. At a virtual event on January 29th, 2021 by Wealth Masters Group, which is under the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Established in February in 2019, OVEX delivers South Africa’s heftiest choice of digital investment needs and has connected with various steering cryptocurrency firms and entailing Invictus Capital, Hyperion, and TrueUSD. South Africa. With $270 million in monthly trading percentage and a valuation of over one...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Nigerian owned businesses and businesses operating in Nigeria recorded over 106 corporate deals valued at over $4.3 billion (N1.63 trillion) in 2020. This is according to data compiled by Nairalytics the research arm of Nairametrics between January and December 2020 all at different stages of completion. Nigeria’s investment...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- MIGA, a partner of the World Bank Group, has published stakes of up to $25.6 million to Escotel Mauritius insulating its enterprises in solar power generation in Liberia and Sierra Leone for ten years duration. The MIGA assurances furnish safety to Escotel Mauritius against the threats of Transfer Restriction,...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Ghana’s oil reserves is left with about 2.5 billion barrels more to be produce if new oil discoveries are not found. This represents about 86% of the total oil reserves. According to Fitch Solutions, only about 400 million barrels of oil has so far been produced from the Jubilee and TEN fields, since the country began oil...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Tractors and supplementary agribusiness machines are being hauled to three locales in Kambia and Bonthe districts to pioneer the vastest scale rice farming project in many years, hoped at reducing Sierra Leone’s dependence on the importation of rice – the country’s staple eats. The co-ordinator of the Rice Value...