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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...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- NIGERIA, Emeka Emuwa – Managing Director and Chief Executive Officer of Union Bank Plc, has pronounced that, gender equality and women empowerment are of the essence to the bank. During the launching of Alpher,  the bank’s women banking proposition targeted at enhancing women for success, Emuwa stated, with our...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Members of the board directors of the African Development Bank (AfDB) has dispensed the sum of US $22 million as loan to stout Small Medium Enterprises across (SMEs) agribusiness and food industries, tourism, Information Communication Technology (ICT), clean energy, health, transport and manufacturing sectors. The loan,...

By Richard Adorsu- NEW AFRICA DAILY NEWS, Accra, Ghana- The Ministry of Finance says it is working to ensure that levies and charges placed on imports into Ghana are at par with others within the West African sub-region. The Deputy Minister of Finance, Kwaku Kwarteng, explained that though Ghana is a signatory to several trade treaties, the government will be measured in setting rates and...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- NAMIBIA Airports Company (NAC) has opted in to make do with Namibian companies for contractual work on its airports and other functions with stringent measures that are out of touch with realities. Leake Hangala – Board Chairperson of the Namibia Airports Company (NAC) disclosed on January, 28th 2020 during a media...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- EGYPT, Saudi Telecom Company (STC) has revealed that, it would purchase a 55% controlling stake in Vodafone Egypt for US $2.39 billion on January, 29th 2020. This is a pointer in giving the North African telecom operator a total enterprise value of US $4.35 billion, a statement from STC noted. “The potential acquisition...