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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The African Development Bank Group has formally introduced its new initiative that will join hands with the African Union to boost Africa’s capacity to produce drugs, vaccines, diagnostics, and therapeutics all along the value chain, to help build its pharmaceutical sector. The African Pharmaceutical Technology Foundation (APTF) was the focus of a forum hosted by the African Development Bank under the theme: “Technology Access for Pharmaceutical Manufacturing: The African Pharmaceutical Technology Foundation.” The event was part of the 2nd International Conference on Public Health in Africa in Kigali, Rwanda. According to the African Development Bank, the continent imports more than 70% of the medicines it needs at the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Kihara reported on Monday, December 26th, 2022 that a kilo of macadamia was being sold at not less than Sh90, associating the reasonable prices to a healthy business rivalry by the various processors. Accordingly, the Chairman discerned that a segment of coffee growers particularly in parts of central Kenya have changed positions to macadamia agriculture after prices of the nuts went up. “The number of macadamia farmers has gone up. This has led to more production and equally increased processors, who have occasioned competition, thus better prices,” he noted. There are roughly 6,000 macadamia planters in the nation, with the bulk of them entering from the Mount Kenya area. Kihara told, 2022 prices were far...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Ethiopian Agriculture Authority asserted that the country is helping to send abroad twenty right tons of meat to the worldwide market during the current Ethiopian fiscal year that commenced on July 7th, 2022. Ayalew Shumete who’s the Export Abattoir and Certification Director notified ENA that, Ethiopia retains a produced tune of $41.8 million by exporting 5,900 tons of meat to the international market during the first five months of the current Ethiopian fiscal year. Dubai, Saudi Arabia, and Kuwait are the leading market destinations for Ethiopia’s meat products, it was understood. Shumete noted Ethiopia is working to export 28 tons of meat to the international market and ensure more than $150...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- On Wednesday, December 21st, 2022 the petroleum regulator announced after Africa’s top oil exporter approved new fiscal administrations for its oil and gas sector. Marginal careers are smaller oil blocks discovered onshore and in surface waters and are commonly expanded by local firms. Nigeria schedules to carry a mini-bid round for seven offshore blocks in 2023 to prompt recent exploration, the petroleum regulator said, after the first round after Africa’s top oil exporter ratified new fiscal administrations for its oil and gas sector. The last mini-bid round was carried on April 2007 under the former regulatory administration giving forty-five blocks, Gbenga Komolafe – Head of the Nigerian Upstream...