Blog Medium Without Sidebar

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Microsoft partners with the Ministry of Education in Kenya as well as governments across Africa to transform the education sector. During an event in London by The Global Partnership for Education (GPE) and hosted by hosted by the UK Government and President Kenyatta of Kenya, Microsoft acknowledged the importance of public and private partnership to enable educators and education leaders to best use technology to dramatically enhance learning and improve outcomes. “Microsoft has formidable partnership with the Kenya’s Ministry of Education and all its stakeholders that spans over two decades,” said Angela Nganga Microsoft Education Industry Lead, MEA Emerging Markets. “We affirm our commitment to addressing the urgent...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Reserve Bank of Zimbabwe (RBZ) is proceeding to wipe a $1.7 billion foreign currency backlog which has been scolded for retrogressing growth in the manufacturing sector. This publishes that, the central bank’s foreign currency system is subdued as it strives with growing pressure, overseeing to a two-month backlog. Governor John Mangudya – Reserve Bank of Zimbabwe in his Mid-Term Monetary Policy Statement on August 05th, 2021 asserted, the bank has now created sufficient reserves to clear the backlog. “The Bank has put in place measures to deal with the residual foreign exchange auction allotment backlog, utilization existing letters of credit facilities for the importation of strategic...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The ECOWAS Bank for Investment and Development (EBID) has officially launched the maiden editions of its West African Development Outlook (WADO) and RENDEZ-VOUS quarterly newsletter under the auspices of Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID. In partnership at the virtual launching liturgy, were fellows of EBID’s Board of Governors, Board of Directors, ECOWAS institutions and agencies, bilateral and multilateral partners, and the press corps. The liftoff of the Bank’s knowledge products is intended for at improving the socio-economic homily of the sub-region, inform and send integrity to the ECOWAS Member States, and label the Bank not only as a Development...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- With-it a press announcement, the International Monetary Fund noted that “the key objective of the proposed program is to support the authorities’ efforts to restore macroeconomic stability and debt sustainability while strengthening the post-COVID-19 recovery.” Tao Zhang – IMF’s Deputy Managing Director mumbled, “Seychelles’ Economic outlook is positive, but risks remain high. Tourist arrivals since March 2021 point to a strong recovery. Nonetheless, the outlook is uncertain and contingent on the pandemic path, the effective rollout of vaccines in Seychelles’ key tourist markets, and the expected recovery in external demand.” “The new arrangement...