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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The Nigerian Content Development and Monitoring Board, (NCDMB) is set to increase indigenous capacities, capabilities and competencies in the oil and gas industry, the Executive Secretary, Engr. Simbo Kesiye Wabote commissioned a block of Quality Control and Assurance Laboratories christened, Nigerian Content Laboratories by Laser Engineering and Resources Consultants Limited. Speaking at the commissioning, Engr. Wabote commended Laser Engineering for being an indigenous company of repute, rendering premium services to the oil and gas industry in the areas of reservoir management, pressure-volume-temperature, (PVT) and environmental services, well intervention services (Slickline), and Research and Development services in a...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Zimbabwe registered its largest wheat harvest in 2022,  with 375,000 tons, making the austral African country a self-sufficient agricultural powerhouse. With 375 thousand tons of wheat harvest registered for 2022, Zimbabwe is set to become a self sufficient agricultural powerhouse. A unique performance in Africa. The harvest in 2022 was 13% higher than the previous year, breaking a half-century old record. The area sown to wheat has increased by 10% and, above all, the state has set up a policy of distributing fertilizer and buying crops via a public body, the Grain Marketing Board, which has won over farmers. The country no longer needs to import wheat to meet its needs, saving up 300 million dollars in import costs. In the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Kenya incorporated 102.34 megawatts to its installed capacity for electricity generation in the fiscal year 2021/22, bolstering efforts to provide stable power at a time when peak demand reached a new high. According to Epra data, Kenya’s established capacity sat at 3,074.34 megawatts in June 2022 up from 2,972 megawatts the last year. The boost was influenced by the expansion of four new plants that provide the national grid. “The installed electricity capacity increased by 102.34 megawatts from 2,972 megawatts also June 2021 to 3,074 megawatts as of June 2022.Geothermal and solar generation increased by 86 megawatts and 120megawatts, respectively,” Epra divulged in their report. The plants augmented to the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The pound’s deterioration provoked supposition as to how the moolah might ultimately decline, with some critics striving at least some foreign investors may retreat to the Egyptian market and Egyptians working overseas transmitting more of their savings. Egypt whirled to the IMF for subsidy after Russia’s war in Ukraine pushed up its laws for wheat and oil while bargaining a hit to tourism from two of its biggest markets, Ukraine and Russia – a key source of hard cash. The pound plunged as low as 32.14 to the dollar from about 27.60 at the space of opening Wednesday, January 11th, 2023, Definitive data showed. The dough has plummeted by an incremental 51% against the dollar since last...