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By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- The World Bank Group is rolling out US$14 billion fast-track package to strengthen the COVID-19 reaction in improving nations and lessen the period to healing. The quick response encompasses financing, policy advanced technical assistance to enable countries to survive with the health and economic consequences...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- United Bank for Africa Plc (UBA) has announced a donation of over US$14 million through the UBA Foundation, to a comprehensive Pan-African response to the fight against the Coronavirus (COVID- 19) pandemic. The donation will provide significant and much-needed support to Nigeria and 19 other African countries. A statement issued in...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- US$825 Million has been paid by the Board of Directors of African Development Bank to the Olivine Industries Limited – a local unit of Wilmar International, seemingly to construct two plants in concert with the company’s aim to expand its food portfolio with recent products. Wilmar, being recorded on the...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Administrators in Dodoma has the conviction to satisfy the US$4.4 billion venture target that craves, to boost the proceeds of healthy oil in the Semiarid region – a contemporary scheme that could propel it to an accepted provincial crossroad for broiling oil. Dr. Binilith Mahenge – Dodoma Regional...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- African Development Bank (AfDB) has raised an exceptional US$3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies. The ‘Fight Covid-19′ social bond, with a three-year maturity, garnered interest from central banks and...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Coal mining companies are exempted from the 21-day Covid-19 national lock-down which starts today, since their operations relate to generation of electricity. In a proclamation, Winston Chitando – Mines and Mining Development validated the deadest development. “Reference is made to the announcement...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Ghana Investment Promotion Centre (GIPC), in collaboration with the International Finance Corporation (IFC) and the European Union (EU) have initiated steps aimed at creating an avenue to regionalize investments in the West African sub-region. The move is expected to be initiated through instituting key policy framework and guidelines to...