$5 Billion: Capital Percolates in surveying 185 Banks from across the African Landmass

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The African Export-Import Bank (Afreximbank), in alliance with the United Nations Economic Commission for Africa (ECA), the African Development Bank (AfDB), and Making Finance Work for Africa Partnership (MFW4A) previously published the African Trade Finance Survey Report that contributes to an adequate awareness of the trade finance topography across Africa, and how it has unfolded during the COVID-19 pandemic. The surveying of 185 banks from across Africa, exemplifying more than 58% of cumulative investments held by African banks. Professor Benedict Oramah, President of Afreximbank, while noting on the report, highlighted how the tightening transnational financial circumstances accelerated enormous equity...
Posted On 23 Apr 2021
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Dangote: To Collaborate with  Farmers in Nigeria

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) have commended President/CEO of Dangote Industries Limited, Aliko Dangote for the initiative and contributions to the Nigerian economy. A representative of Dangote Fertilizer, Ekene Obiefuna, in his presentation at the 2021 Enugu International Trade fair said that with the training on the best ways of applying fertilizer, farming will become very lucrative and attract more people to embrace it as a means of livelihood. He explained that the fertilizer company which has commenced operations has the capacity to meet and exceed the domestic demand for fertilizer across the country. According to Obiefuna, farmers in the country especially in the South East are to...
Posted On 21 Apr 2021
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The Kenya National Bureau of Statistics and the Kenya Institute of Public Policy Research and Analysis: Unmasked the National Information Strategy for grub and Nutrition Security

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- On April 19, 2021, the Kenya National Bureau of Statistics and the Kenya Institute of Public Policy Research and Analysis on April 19th, 2021 inaugurate the National Information Platform for Food and Nutrition (NIPFN). NIPFN is a global ambition of the European Commission, funded by the Foreign Commonwealth Development Office and the Bill and Melinda Gates Foundation. Precisely, the strategy centralizes information from numerous organizations that have a consequence on nutrition developments. One of the key principles it reacts to is dearth of a reconciled platform for nutrition-related information. Bit many establishments and generate and use nutrition-related information, there is a rift as information is...
Posted On 20 Apr 2021
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3.27 Billion CFA Francs: Venture Inducted by a Swiss Tropical Fruit Processing and Drying Plant in Cote d’lvoire

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- A Swiss tropical fruit processing and drying plant undertaken in April 15th, 2021 in Asse (Bonoua) – a town located 60km South-East of Abidjan, with an enterprise toll of 3.27 billion CFA francs. Emmanuel Essis Esmel – The Ivorian Minister of Investment and Private Sector Development and the Swiss Ambassador to Cote d’Ivoire – Anne LuginMoulin heeded the conventional commencement of the factory. The food processing unit is got at the heart of Ivorian pineapple production, refines 7,700 tons of mangoes, pineapples, coconuts, and bananas per year. It similarly distills 800 tons of premium quality dried fruit, 400 tons of which are organic. And this apparently, has generated 450 jobs. Essis Esmel...
Posted On 17 Apr 2021
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