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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- African Development Bank hosted first of its twice-yearly business opportunity seminars to provide information to potential partners and key stakeholders on its strategic priorities, procurement procedures, and to strengthen ties to private sector in all member countries. The seminar, held virtually as a result of the ongoing...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Trending to its enterprise, the leading transnational terminal operator – APM has financed $348 on in Apapa Port. In a not too distant feature, the corporation previously developed two new multimillion dollars state-of-the-art Mobile Harbor Cranes (MHCs) to increase service delivery at the port, which was...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- $100 million has been approved to Egypt by the International Islamic Trade Finance Corporation (ITFC) with the General Authority for Supply Commodities (GASC) by way to encircle the Egyptian Government’s important strategic entity that are lacking during the eruption of COVID-19. Authorization of the financing...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- The contemporary accession of StorEx as a notable supplier of Third-Party Maintenance (TPM) for enterprise-sized establishments by Evernex, a prominent multinational provider of Third-Party Maintenance aids for data center infrastructure, has facilitated the locally assembled consultant to considerably enhance...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- The Board of Directors of the African Development Bank has approved a $40 million financial package to support Angola’s Banco Millennium Atlântico (BMA) to bolster local production and job creation through its portfolio of small and medium-sized enterprises. The package consists of a $32 million line of credit from the Bank and an...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Lekoil, an oil and gas exploration and production company with a focus on Nigeria and Western Africa, said it has attained an authorization with Optimum Petroleum Development Company – the Operator of the OPL 310 License; on postponing the last tranche of expenditure of $7.6 million payable on or before May...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Mulling over the significant part that, the Africa Trade Insurance (ATI) influences in the nation’s financial growth, the European Investment Bank (EIB) donated $12.5 million authorization loan to cover Togo’s shareholding in ATI. The inclusive $37.5 million assortment, completed by European Investment Bank (EIB)...