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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Zimbabwe’s  Mangudya confirmed that, local lenders have almost $1 billion in their Foreign Currency Accounts (FCA). “It’s about adequate reserves utilization of resources,” Mangudya was quoted in Harare according to reports. “The first thing is that we do not expect the exchange rate to...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Lazarus McCarthy Chakwera took a vow as Malawi’s newly enacted president on Sunday, June 28th, 2020 at Lilongwe’s Parliament Building; swearing to render the country undivided to all. “Time has come for Malawians to go beyond their dreams and make them come true. I am duty-bound by God and all of you to...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- President of Dangote Group, Aliko Dangote, said despite the challenging, economic situation in 2019, Dangote Cement was able to sustain 54,000 jobs in four African countries, where the company has its operations. The countries are Nigeria, Ethiopia, Senegal and South Africa. The business mogul who disclosed this to shareholders at...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Nigeria’s World Trade Organization hopeful, Ngozi Okonjo-Iweala to supersede Roberto Azevedo as Director General , argues to have the political leverage and marketing mastery to unite the US and China on trade. The erstwhile Minister of Finance of Nigeria – Ngozi Okonjo-Iweala declared that she had a trace...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Science, technology and innovation will be at the heart of Africa’s recovery from the devastating coronavirus (COVID-19) pandemic and the continent’s ability to create sustainable jobs, Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe, has said. In remarks at the beginning of a five-day virtual COVID-19...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Federal Administration of Nigeria has divulged the expectation of the federal government to compliance of the airfields of Murtala Muhammad International Airport, Nnamdi Azikwe International Airport, Aminu Kano International Airport and Port Harcourt International Airport for adequate management motives. The...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Uganda has identified avocado as one of the high economic potential crops beside coffee that will be promoted and grown throughout the country for export. This was revealed during a meeting of top officials from Agriculture ministry, technocrats from National Agriculture Research Organization (NARO) and a private farm; Musubi Farm,...