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By Abdul Rahman Bangura– NEW AFRICA DAILYNEWS (NADN) Freetown, Sierra Leone- Seemingly, the $450 million agreements were formulated in cooperation with the government of Burkina Faso and shall subsidize in the power sector to stretch and maintain the country’s economic growth. “We are marking a new chapter in the partnership between the United States and the people of Burkina Faso with the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Prior to the Africa Development Bank General Meeting slated for August 27th, of this year, Nigeria has virtually made twice as much its franchise sovereignty in the African Development Bank (AfDB) to 16.8% before August 27th 2020. The English West Africa nation’s voting power was recently 8.5%, according to...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Leadership of the African Travel and Tourism Association (ATTA) says it is creating synergies among trade industries to promote Africa as the destination for health, and investment tourism. The newly formed group which launched the Ghana chapter, will harness the huge tourism potentials in Ghana and Africa into economic development for...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- The University for Development Studies (UDS) has collaborated with the United Kingdom (UK) and Economic Commission of West African States (ECOWAS) to develop a project that will help establish a food systems and export network for peasant farmers to help boost agricultural business in the sub-region. The six-month project, dubbed...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Governor of the Reserve Bank of Zimbabwe authorized mobile money corporations to stave off the registration of multiple individual wallets, that are being utilized as a chutes for escaping regulatory agreement limits by illegal money dealers in its latest mid term monetary policy statement released August 21st, 2020...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- According to release from the Nigerian Content Development and Monitoring Board (NCDMB) that, between 2014 and 2018, the nation’s oil sector disbursed a total of $3.047 billion on marine vessels. And that NCDMB divulged that 73% of the total $3.047 billion was paid on crew boats, security vessels, diving support...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Ghana has approved a total of 598.7 million Euros loan agreement with the Deutsche Bank to finance the construction of sections of the Western railway lines. The agreement covers the proposed construction of  Standard Gauge from Takoradi Port to Huni Valley. With loan comprises facility agreement of €523,000,000 and Commercial Loan ...