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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- With “Today, Mozambique enters the annals of world history as one of the exporting counties of LNG” Filipe Nyusi stated. The plant is operated by Italian company Eni, and according to Nyusi, the shipment was ordered by British oil major BP. Mozambique has the largest natural gas residues South of the Sahara Desert, approximately 2.8 trillion cubic meters of proven resources or around 1% of the world’s total. They were found in the nation’s Northern Cabo Delgado Province in 2010. Rates indicate that offered the breadth of the deposits, the nation could come to be one of the world’s ten biggest LNG exporters. According to data from Statista.com, Mozambique could also evolve Africa’s third-largest...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Apparently, during the liftoff in Gaborone on November 07th, 2022; Permanent Secretary to the President and Chairperson of the National Coordinating Committee on Financial Intelligence – Emmah Peloetletse asserted that, she acknowledges the report will be finalized on time and within budget. “This project needs the commitment and support of all the stakeholders, and although the assessment modules have increased from nine to fifteen this time around, with the improved tools we are determined more than ever, to get done within a year, as opposed to the two years we took to complete the first NRA,” she mumbled. She similarly noted that, if the NRA is appropriately carried out, it will boost the Southern...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- This commitment intends for at concentrating on the affiliation between TotalEnergies EP Uganda and the Ministry of Energy and Mineral Development of Uganda in a bid to guaranteeing energy security and energy transition in the nation. This alliance pursues the constitution of a framework approval for the enterprise of large-scale renewable energy projects in Uganda through an MoU entered 1st February 2022. Thereafter, the Administration of Uganda noticed and recommended six feasible locales in: Kapeeka (20MW), Iganga (20MW), Tororo (20MW), Kumi (20MW), Bukedea (20MW) and Paliisa (20MW) for development by TotalEnergies EP Uganda. Mumbling at the signing, Philippe Groueix – General Manager TotalEnergies...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- At the end of the first week of November, Aliko Dangote, the richest man in Africa, saw a significant increase in his net worth as shares of his flagship company, Dangote Cement Plc, rose by double digits, staging a recovery from its fall in October. According to the Bloomberg Billionaires Index, which tracks and compares the fortunes of the world’s 500 richest people, Dangote’s net worth has increased by $700 million in the last week, rising from $17.6 billion on November 1 to $18.3 billion on November 7. The significant uptick in his net worth above $18.3 billion can be attributed to the performance of his 86 percent stake in publicly traded Dangote Cement, as the share price of the leading cement company recovered...