Solidaridad Liberia: Reveals 1,500 Smallholder growers to gain from enriched Cocoa Seedlings under the Cocoa Value Chain Development Programme

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The allotment, according to the establishment, is fraction of undertakings to improve the productive output of the goods and enhance agriculturalists trades. Each planter will earn a minimum of 400 seedlings. “Under the Cocoa Value Chain Development Programme (COVADEP), Solidaridad in collaboration with private cocoa growers will supply 600,000 hybrid cocoa seedlings to farmers in Grand Gedeh and River Gee counties at a small fee,” Solidaridad Liberia deciphered in a press release. The Cocoa Value Chain Development Programme (COVADEP), which is a four-year program, begun in 2020 and is co-funded by the European Union and Solidaridad. Forthwith, about 40,000 smallholder growers rely on cocoa production for...
Posted On 09 Apr 2021
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Egypt: Set to Receive €145m from the Africa Development Bank to Bolster Railway Safety and Reliability

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- The African Development Bank (AfDB), approved a loan of €145 million to finance reliability and performance upgrades to the country’s rail system under the Egypt National Railways Modernization Project (ENRMP). The funding will be used to enhance operational safety and to increase network capacity on national rail lines. Dr. Rania A. Al-Mashat, Egypt’s Minister for International Cooperation said, “Safe, accessible, convenient and green transport systems will be crucial to achieving sustainable development. The improvement and expansion of Egypt’s rail system through the ENRMP allows for active mobility and enables the urban and rural development through an inter-modal linked system. Technology and innovation, and a robust...
Posted On 08 Apr 2021
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Mining Company: South32 to expend $250m to finish off South African Energy Coal Enterprise Trade Bargain

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Mining firm South32 has conceded to disburse $250m in cash to mining group Seriti Resources in order to finalize the sale of South African Energy Coal (SAEC) enterprise. Mining firm South32 has agreed to pay $250m in cash to mining group Seriti Resources to complete the sale of South African Energy Coal (SAEC) business. In order to enhance favor the sustainability of the SAEC corporation under Seriti holding, South32 will render a payment of $200m to Seriti for the improvement of coal assets, with the first instalment scheduled to be made in July 2020. Besides, South32 ratified a $50 million facility with Seriti to principally finance the expenses of restructuring specific loss-making mining areas. Seriti is...
Posted On 06 Apr 2021
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Angola: Rejoices 19 Years of Peace and the Stop of Armed Catastrophes

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone-On Sunday April 04th, 2021 Angola commemorated 19 years of peace and the verge of long-armed disputes. On April 4 2002, the Angolan administration and the main opposition party – UNITA settle an end to 27 years of war, with the signing of the peace and national reconciliation consensuses. A national public holiday adored across the Angola. The 2021 major event took place in Cabinda province and was steered by the Vice President of the Republic of Angola – Bornito de Sousa. He addressed the Angolan population: “After the National Independence on November 11, 1975, peace is certainly the greatest achievement of the Angolan people. After long years of destruction of lives and economic and...
Posted On 06 Apr 2021
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