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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The government of Ghana and development partners, including the African Development Bank(AfDB), the Climate Investment Fund (CIF), and the Swiss Government Federation, have signed a grant agreement worth $69.88 million to improve access to clean and reliable electricity services and low-carbon socio-economic development. About 6,890 households, 6,001 small and medium-sized enterprises (SMEs), and 6,890 public buildings will be linked to energy as part of the Scaling-up Renewable Energy Programme (SREP). The project, which includes the design, engineering, supply, building, installation, testing, and commissioning of small grids and freestanding systems, would also assist about 1,350 schools and 500 health centers. It will...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The African Development Bank has approved a $1.5 billion facility to help African countries avert a looming food crisis over the next two years. With the disruption of food supplies arising from the Russia-Ukraine war, Africa now faces a shortage of at least 30 million metric tons of food, especially wheat, maize, and soybeans imported from both countries. The ‘African Emergency Food Production Facility’ is expected to benefit 20 million smallholder African farmers who will receive certified seed and technology to rapidly produce 38 million tons of food, over the next four farming seasons, said the bank’s officials. In a breakdown, the facility will lead to the production of 11 million tons of wheat, 18...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone - Building of the terminal that began in September 2018, is anticipated to improve the port’s annual capacity by 450,000 containers, giving rise to the cumulative annual capacity to 2.1 million containers. Kenya Ports Authority (KPA) verified that, the Japanese contractor, Tokyo Construction Company Limited, has finalized the project that has been characterized by stakeholders as a game changer. Announcement from KPA started, the handing-over ceremony will be done pretty much soon after the Authority and pertinent government agencies examine inspectacility that is located on 100 acres at Kilindini Harbour. Representatives of Tokyo Construction Company steered by Hironari Sahara, Civil Construction Division...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- A new report co-authored by the African Development Bank and the Global Green Growth Institute, has found evidence of growing political commitment to green growth in Africa. The Africa Green Growth Readiness Assessment Report was launched on Wednesday during a side-event at the 15th session of the Conference of the Parties (COP15) of the United Nations Convention to Combat Desertification, being held in Abidjan from 9 to 20 May. The study focused on an in-depth analysis in seven countries, namely Gabon, Kenya, Morocco, Mozambique, Rwanda, Senegal, and Tunisia. The findings are based on nine strategic and operational dimensions, including political commitment, policy and planning, and financing & budgeting. The authors...