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By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- CAPE VERDE, Board of Directors of the African Development Bank on 16th December, 2019 validated €20 million loan to rejuvenate the private sector’s role in Cape Verde’s economic growth.  This will supplement the second phase of the Private Sector Competitiveness and Local Economic Development Programme (PSC-LED-II).  The...

BY ANIN AGYEI- NEW AFRICA DAILY NEWS, Accra- GHANA, RUMOURED fuel price increment by the National Petroleum Authority (NPA) at the fuel pumps has been halted through the intervention of the President of Ghana, Nana Addo Dankwa Akufo-Addo. The NPA had earlier on Monday morning, December 16, 2019, serve notice directing oil marketing companies to effect a 4 pesewa adjustment in the price of...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- ANGOLA,  newest Luaxe Diamond Deposit will commence mining arbitration in the midpoint of next year. And would produce one million carats of diamonds worth $90 million next year according to Alrosia-Diamond Producer. Catoca and Alrosa – Angola’s state controlled diamond miner found Luaxe’s Luele pipe in 2013. In...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- FRANCE, The French Development Agency (AFD) is bent on providing $30 Million via the African Guarantee Fund for Small and Medium Sized Enterprises (AGF), in order to accelerate access credit to small and medium sized enterprises (SMEs) throughout Africa. AFD Chief Executive Officer – Mr. Rémy Rioux and AGF Group...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Agree with to set up a Continental Power System Master Plan between the Africa Development Bank and AUDA-NEPAD was uncovered during a three-day workshop on the perimeter of Programme for Infrastructure Development (PIDA) Week held in Cairo – Egypt. The workshop also produced the Master plan’s terms of referenc...

BY ANIN AGYEI- NEW AFRICA DAILY  NEWS, Accra, Ghana- FOOD SOVEREIGNTY Ghana (FSG) has stated that many farms in the country have lost their natural value because of the continued use of chemicals such as glyphosate and the like on farm products. According to the group, the critical role played by organisms such as earthworms and bees to enrich the soil is increasingly under threat as the use...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- NIGERIA, Presidents of Economic Community of West African States (ECOWAS) are to meet on Saturday 21st December, 2019 in Abuja to bethink suggestions on the single currency administration for the sub-region of both English and French West Africa. Minister of Finance, Budget and National Planning of Nigeria – Zainab...