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By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Tony O. Elumelu remembers and greeted the African Development Bank and AfDB President Akinwumi Adesina on their commitment to African entrepreneurship, with the allotment of $2.5 million seed capital to the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. The money was disclosed on Monday,...

By Richard Adorsu- NEW AFRICA DAILY NEWS, Accra, Ghana- The Bank of Ghana has been recognized by the Central Banking Awards as the Central Bank of the Year following series of reforms it implemented over the past couple of years to strengthen the financial sector. The awards, which will be held on March 19, 2020, in Brussels, Belgium, said the bank had an impressive record of achievement, but...

By Abdul Rahman Suagibu – NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- The U.S Agency for International Development (USAID) through and through the Prosper Africa initiative, is basking with the United Bank for Africa (UBA) to proliferate trade and investment atwix the United States and the nations of Africa. This two-way trade and investment, will see to it that; businesses are dressed...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- ETHIOPIA, Leading provider of aircraft engine maintenance, repair and overhaul (MRO) solutions and part of Sanad – a wholly owned subsidiary of Mubadala Investment Company (Mubadala), has promoted its business expansion motivations in Africa by validating a notable agreement with Ethiopian Airlines – t...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- TANZANIA and TURKISH investors have bent on to exploit an amiable relations between the two nations by jointly executing economic projects. Zanzibar’s Second Vice President – Ambassador Ali Iddi, speaking to senior management teams from two Turkish companies -GÖKYOL and DAYK noted, it was high time the diplomatic...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- LIBERIA, African Development Bank’s (AfDB) Country Manager Dr. Orison Amu in Liberia and Samuel Tweah Jr – Liberia’s Minister of Finance and Development Planning, approved financing agreements for two projects. Primarily, the Renewable Energy for Electrification in Liberia, about US$33 million firstly in the form...

By Richard Adorsu-  NEW AFRICA DAILY NEWS, Accra, Ghana- The Bank of Ghana says it will soon begin the purchase of gold from small scale mining firms as part of the bank’s plans to shore up part of its reserves which is held in gold. Governor of the central bank, Dr. Ernest Addison, speaking at the MPC press briefing last Friday stated that the bank will be doing the purchase via selected...