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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra – CEO of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has announced that the ongoing rehabilitation of all areas which have been affected by the cocoa swollen shoot virus disease will increase cocoa production to 1.5 million tonnes in the medium term. “The cocoa industry has been plagued with the devastating impact of the cocoa swollen shoot virus disease. Close to 20 percent of the productive cocoa area in the country has been affected by this disease. This has led to low productivity and low incomes for cocoa farmers.” He noted. He continued by urging cocoa farmers and service providers to be ready for the increase in production base. “We are working to rehabilitate all devastated areas including overaged cocoa...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – The venture will assume the contour of a trade and agri-finance package encompassing a $75 million soft merchandise finance facility to finance the group’s pre and post- shipment working capital requirements, with a special emphasis on export-oriented actions. It furthermore comprises a $75 million agriculture value-chain program to boost agriculture production and productivity, by delivering expanded agricultural intakes and agronomic advisory assistance to local growers. ETC is a pan-African agriculture coalition with a speck broadening across Sub-Saharan Africa, North America, Europe, the Middle East, and Southeast Asia, trading millions of tons in soft commodities. The primary heiresses of this...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Press Corporation Group Pension Fund’s Principal Officer, Bidronce Chiphaso, in a consultation on Thursday, November 11th, 2021 announced, the improvement mean a lot. He explained that their programmed withdrawal option is a strategy by which resigning from employees shall, in line with authorized decumulation criteria, collect their retirement benefits in periodic sums spread throughout the length of their computed life span. “Time has come for willing retiring members to take control of their retirement funds and participate in decision making and management of their retirement funds. Eligible retiring employees will have the freedom of choosing between either annuities or our programmed withdrawal...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Dahiru Mangal Industries has approved a $600 million (about N246.3 billion) pact with China Sinoma International Engineering, to construct a three-million metric ton per annum cement plant with 50 megawatts (MW) of captive power plant in Kogi State, same State hosting Dangote’s Obajana Cement. The Chief Executive Officer - Dahiru Mangal Industries, Engr. Fahad Mangal, who confirmed this in a statement, let out the project which is part of its development policy, is foreseen to be finished in 2024. Mangal asserted, the factory will count on the nicest accessible technology for cement production and in line with the increased environmental standards. “It is designed to be one of the most sustainable in...