After two creatures were found dead in a Freight: The Algerian Administration repudiated the French Wheat Shipment of 27,000 tons of French Milling Wheat as inappropriate for Consumption

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Algeria has dismissed a cargo of 27,000 tons of French milling wheat as incompetent for consumption after two dead animals were found in the cargo, state news agency APS broadcasted on June 16th, 2021 quoting the government’s Agriculture Minister. The government is pursuing a reimbursement for the freight, which is to be transported back to France, Abdelhamid Hamdani was quoted as announcing. The decaying creatures were found in the preceding week in two different assortments of the freight, the Minister announced during a press meeting. Algeria is one of the world’s biggest wheat importers and France one of its major suppliers. The North African nation has also denied a shipment of 33,000 tons of Canadian...
Posted On 17 Jun 2021
, By

Initiative to Equip: Over 50,000 Small Business Entrepreneurs With Digital Skills Kicks off in Nairobi

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- An initiative to equip over 50,000 owners of Micro Small Enterprises (MSEs) with the relevant digital skills by the end of this year has kicked off in Nairobi, targeting to be expanded to multiple counties across the country. The digital skilling initiative dubbed Future Ni Digital is part of the digital program that was launched earlier this year with the key private sector players and government. These partners include the Ministry of Industrialization, Trade and Enterprise Development (MoITED), the Micro and Small Enterprise Authority (MSEA), Stanbic Kenya Foundation, Microsoft Philanthropies and the African Center for Women, Information and Communications Technology (ACWICT). Speaking at the Kariobangi Center of Excellence...
Posted On 15 Jun 2021
, By

Economic Community of West African States (ECOWAS) Parliament approves consensus of accomplishing a Solitary Currency for the Sub-Region as it approved the draft on the Macroeconomic Convergence and Stability

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The ECOWAS Parliament on June 10th, 2021 propelled a notch closer toward fulfilling a single currency for the sub-region as it adopted the draft resolution on the Macroeconomic Convergence and Stability Pact. The agreement, which was approved at the culmination of its First Ordinary Session in Abuja, was a significant overture to accomplishing the norms for Member-States’ adoption of the single currency – the ECO. This following thought at Plenary on the recommendations by its Joint Committee on Macro-Economic Policy and Economic Research and Committee on Administration, Finance and Budget. The resolution, which would be conveyed to the Commission, strived to confirm macroeconomic policy...
Posted On 12 Jun 2021
, By

$300 Million: Level 2 Sustainability notes proposed liftoff by the Ecobank Transnational Incorporated

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Ecobank Transnational Incorporated – a notable Pan-African banking group and parent company of the Ecobank Group, has published its project to increase $300 million from the international debt capital markets through the allotment of Grade 2 entitling sustainability memoranda. According to a disclosure endorsed by the Group Head of Corporate Communications, Adenike Laoye, this proposal was conveyed to a host of regional Stock Exchanges that constitutes of the Nigerian Exchange Group Plc (NGX), Ghana Stock Exchange, and the Bourse Regionale des Valeurs Mobilieres. According to the announcement, ETI aims at to list the Notes on the London Stock Exchange, with the expectation that the Notes will be...
Posted On 09 Jun 2021
, By