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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- The African Development Bank and SA Taxi Development Finance Proprietary Limited, a wholly owned subsidiary of SA Taxi Holdings Proprietary Limited, have signed a $100 million loan agreement to support the firm’s growing strategy to empower taxi operators with limited access to finance from traditional financiers. The loan agreement,...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- On Monday April 27th, 2020 the Mines Ministry and Hydrocarbons and the African Energy Chamber will host an upright webinar on the prevailing state of the accepted oil desires in the oil trade. H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea will oversee the conversation on...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Renowned gold producer in Guinea, Nordgold Group has ratified an engineering, procurement and construction agreement to design and construct a 33 MW power plant at Lefa Mine, which is believed; it’s the biggest gold mines in Guinea. Yet, the approval is with China’s manufacturing service group SUMEC – a key...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Tailoring as part of it elephantine treks – MultiChoice Group’s (MCG’s) proceeded endeavors to empower the local video entertainment industry. MultiChoice will be helping three of South Africa’s community TV stations with a cumulative investment of R4.5 million. Each of the selected stations will use the R1.5...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Ghana Standards Authority (GSA), certified solar automated hand washing machine, innovated by a young Ghanaian, which will enable people to wash their hands under running water without touching the knob of the water receptacle, in the Coronavirus (COVID-19) era.       The Director-General of the GSA, Professor Alex Dodoo, presented the...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- African Utility Week and POWERGEN Africa have approved that a complimentary and essential convention will take place in May. “Although the circumstance was previously deferred to November,” asserts by Evan Schiff – Event Director, “we realize that the demand for information, expert opinion, and...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- NIGERIA expects $2.8 billion additional revenue from expected gains in oil prices after OPEC members agreed to cut crude production, if the market is right. “This historic intervention when concluded will see crude oil prices rebound by at least $15 per barrel in the short term, thereby enhancing the prospect of exceeding...