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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The United Bank for Africa Plc (UBA) on of the prominent pan-African financial services institutions in the African continent, has endorsed the nominations of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley Ulinfun, and Usman Isiaka as Chief Executive Officers of six of its twenty associates...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- On the 24th July 2020, the African Development Bank endorsed $27.4 million in grants to improve the African Union’s (AU) undertakings to marshal continental retort to deter the Novel Coronavirus Virus (COVID-19) plague. The authorization reaches on consensus at a committee of the expansive Bureau of the African...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Dangote Group’s fertilizer plant, now under construction in Nigeria’s biggest city of Lagos, will be ready to start production late this year. Owned by Aliko Dangote, Africa’s richest man, the facility located in the Lekki district of Nigeria’s commercial hub, has a name-plate capacity of 3 million tons a year of urea and ammonia,...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Botswana based coal miner – Minergy, that owns and operates the Masama Coal Mine in the Mmamabula coalfield, sent abroad its first coal by rail to South Africa on July 17th, 2020. The coal was loaded onto trucks and transported 60km to the rail at Tshele Hills, where the first of three trains – bound for an...

By Abdul Rahman Bangura– NEW AFRICA BUSINESS DAILY (NADN) Freetown, Sierra Leone- The Big Brother Naija (BBN) reality TV show that’s incessant, started on July 19th, 2020 will generate an approximate Two Billion Naira into the Nigerian economy, according to financial sector stakeholders. MultiChoice – producers of the show told sources, have had to assure that, the show proof in the middle of...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- A certain top diamond producer – Russia’s Alrosa (MCX:ALRS), has started up exploring and prior expedition works for deposits in Zimbabwe as part of a cooperation with the nation’s Consolidated Diamond Company (ZCDC). This is an acceptable upswing to the Southern African nation’s endeavors to expand diamond...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Liverpool have announced a three-year partnership with the Mauritius Tourism Promotion Authority and Economic Development Board as their tourism and economic development partner. The island nation want to boost their drive in becoming a leading global tourist destination and business hub of Africa. A year ago, Liverpool who are the...