Blog Medium Without Sidebar

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The cargo captions a crucial stride in the motion to establish an achievable regional natural gas trade network, wherein, resources could be effectively monetized – through the modification into LNG, power and petrochemicals – and utilized to drive regional economic growth and industrialization. Facilitated by the African Continental Free Trade Agreement (AfCFTA), carried out in January 2021, the methanol delivery is anticipated to stimulate a substantial improvement in regional petrochemical and LNG trade. Therefore, as Africa’s deluxe energy event, African Energy Week (AEW) 2021 in Cape Town will not barely facilitate the importance of regional trade and cooperation in propelling energy sector growth, but...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Carlo Chokhoto informed columnists in Lilongwe on August 26th, 2021that the MITC, through embassies, market research and contacts; has recognized markets for a number of agriculture commodities and livestock. “There is a high demand of legumes in large volumes to be supplied to these markets which have already been secured as well as livestock like poultry,” he explained. Several of the legumes contain 218 tons of sesame seeds primarily liked in China and the United Arab Emirates. 98,000 tons of beans in Tanzania, South Africa and Zimbabwe. 35,000 tons of rice in DRC, tea, macadamia nuts and coffee in Japan. In upswing, cow peas, pigeon peas, soya, and sunflowers are wanted in nations like India...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Cryptocurrencies are being rapidly traded by Kenyans with each other (“peer to peer transactions” better still P2P) on earth. Citizens of different African regions are similarly plummeting at the alternative to ease remittances and cross-border enterprises from expensive transfer taxes and the dangers of deterioration of moolahs. Chainalysis, Global Crypto adoption Index 2021 has placed Kenya as the top country in the world in terms of peer-to-peer exchange trade, before the other 154 nations according to a census. The chart renders options for buying power equivalence per capita and the internet-using population. Moreover, indexed in this component are Togo (2), Tanzania (4) and Ghana (10). An extensive...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Executive Vice President for Afreximbank – Denys Denya, divulged that, the pilot will be finalized by the end of 2021. Denya announced, the Pan African Payment and Settlement System formulated by the Afreximbank and the African Union is anticipated to eradicate questions of multiple currencies trading under the continental free trade area. Subsequently expressing the Ghana Roadshow for the forthcoming intra African Trade in Durban – South Africa, Executive Vice President of the Bank, meant that six nations are now conducting the platform and hopeful, they will infer that by the end of 2021. “The system is already in place and currently going through piloting in the West African Monetary Zone...