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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- World Bank has ratified a $1 billion loan for Kenya, as a road map to enable the East African nation to finish off a gaping allotment depletion and by extension, to grasp the financial traumas from Coronavirus Novel Coronavirus pandemic. The loan, begun before the health emergency commenced, is the succeeding ever...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The South Africa-based African Business unveiled in a hierarchy of the continent’s lid 250 corporations that, TBL Plc and Vodacom Tanzania Plc are the two extensively expensive companies in the country. At the continental level, TBL Plc has been indexed 75th while Vodacom Plc stance at 98th. The scales, which are...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Two Eastern African nations – Kenya and Tanzania are adored to be recorded among sixteen African nations verify to profit from 2Africa – a subsea 4G and 5G internet operation, that will connect them to Europe and the Middle East. It is believed that the project is a 37,000-kilometre project; that...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The administration of Uganda and the UK has approved a convenient consensus that gears towards the country’s devotion to nurturing and broadening enterprises in off-grid solar alternatives for people as rejected to reliance on hydro and fossil fuel-based grid. It was accepted that, the grid electrification...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Ghana, AngloGold Ashanti bolstered its available liquidity to more the US$2bn, improved leverage and more than treble first quarter cash flow from operating activities as key mines delivered solid performances. However, free cash flow before growth capital increased 231% year on year to $94 million, the company said. “Cash flow is...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Volt Resources project constitutes six warrants in the spawning Siguiri Basin with a cumulative area of 388 km2. The Firm is also confirming an equity of $800,000 before expenses through an investment placement to elegant investors. The authorizations are found in the Suguiri Basin which constructs fraction of...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Airtel Africa owing to its productive service delivery across Africa, has registered dividend g from migratory money and data services across its performances in Africa, though a one-off tax payment to Nigerian approvals blunted net profit in its first annual results since IPO. Airtel which regulates in fourteen...