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By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone–  Africa Oil Corp. has disclosed the conclusion of Africa Oil SA Corp.’s (AOSAC) strategic farm down agreement with TotalEnergies EP South Africa S.A.S. and QatarEnergy International E&P LLC. for the Orange Basin Block 3B/4B, offshore South Africa, announced on March 6, 2024. The AOSAC is a wholly-owned subsidiary of Africa Oil and mentains a direct 17.00% interest in Block 3B/4B and transferred the operatorship of the block to TotalEnergies. Africa Oil under the transaction holds a an esteemed value of up to $46.8 million to Africa Oil and will receive, subject to attaining certain milestones qualified in the Agreement, pegged cash payments for a total cash payment of $10.0 million of which $3.3 million...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The Administration of Nigeria congratulated the Angolan Administration on its giant steps in aviation infrastructure. The meeting, strengthening the continued commitment of both nations to extend their aviation sectors and work towards a prosperous and mutually beneficial relationship. The Angola Ambassador to Nigeria – Zau, divulged that the visit is slated at bolstering aviation ties between Nigeria and Angola, especially as Angola embarks on a fresh era for its aviation industry. The Angolan who highlighted the recent overhaul of its airport infrastructure, same informed Keyamo that the new airport, is set to serve as a nucleus for the region, will be officially inducted in one month’s time. “The...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Honestly, these nominations cuts across diverse aspects of airline service, encircling Africa’s Leading Airline, Africa’s Leading Airline in Business and Economy Class, Africa’s Leading Airline Brand, and Africa’s Leading Inflight Magazine for Msafiri. The voting stop for these awards is poised to end on September 8th, 2024. The World Travel Awards, established in 1993, for a quite while, been honored as the apex of excellence in the Travel and Tourism Industry. The awards process unravels through a sets of regional gala ceremonies held across the world, acknowledging and celebrating outstanding achievements in different sectors of the industry. Winners from these regional events...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Speaking during the commissioning of the Lake Basin Development Authority Rice Mill Project in Kibos, Kisumu County, on Saturday, President Ruto underscored the significance of bolstering local rice production and empowering agriculturalists. “We will support our rice farmers so they can produce more, earn more, and feed more Kenyans,” Ruto noted in the state-of-the-art rice mill.” The plant, with a processing capacity of 4,000 tonnes per hour, three shifts in a day, five days a week (excluding weekends) for 12 months, will mill 28,000 metric tons will generate revenue, and revolutionize rice farming in the region. The plant will propagate rice cultivation across more than 6,000 acres in...