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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- The African Development Bank (AfDB) approved an emergency aid of $686,000 to Madagascar intended to cope with the combined effects of the drought and the Covid-19 pandemic in the far south of the island. This aid should be used for food assistance, vital for the most vulnerable groups and support for the prevention of acute...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- THE Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the Pan-African banking group is facilitating payments across Africa as countries start the implementation of the African Continental Free Trade Area Agreement (AfCFTA). Ade Ayeyemi – Chief Executive Officer...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Zimbabwe mineral exports, ignoring gold and silver, in 2020 spurted by 27%, developing the country $2.4 billion, according to the Minerals and Marketing Authority of Zimbabwe (MMCZ). “Up to December 2020, we managed to surpass target; we had a total sales value of US$2,4 billion against a budget of US$1,86...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- President Magufuli on January 18th, 2021 commence a two-day tour in the Kagera Region where he will examine and inaugurate numerous ventures worth $48.99 billion, Dr. Hassan Abbasi – Permanent Secretary in the Ministry of information, Culture, Arts and Sports revealed. “As you are aware, after October 28th, 2020...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Kenema City Council has unveiled its development plans for 2021 while highlighting the successes and challenges of 2020. Communicating with correspondents at the council’s end-of-year briefing at the Kenema City Conference Hall – Mayor Thomas Karim Baio said the council was able to rehabilitate two markets...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd has stated that its cement expansion plan and fertilizer investments will open new trade routes for the company and Nigeria under the trade deal. Already, the cement company,...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Ethio Telecom, Ethiopia’s National Telecom has announced plans to invest in the financial sector, seeking to boost the company’s operation besides its traditional telecom service. Frehiwot Tamiru, Chief Executive Officer of the Eithio Telecom, he noted that, the corporation has already correlated to the National...