Blog Medium Without Sidebar

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Zambia’s President Lungu encouraged ZARI to Promote Growers with better seed variations in a bid to foster bumper Harvest on their Farming Enterprise, President Lungu advised agriculturist to take advantage of the increasing population by harvesting enough food to feed the people. “All of us involved in farming should be rich people because the market is always there. When talk about farming everybody eats, so I do not see why a farmer should be poor when market is always there,” President Lungu stated. “What is making us poor is lack of innovation and lack of scientific research and approach to farming business, I want to thank ZARI, please keep it up continue helping the farmers to add value to their...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The African Development Bank (AfDB) has been dubbed as the “Best Multilateral Financial Institution in the world for 2021”. The US magazine, Global Finance, specializing in financial markets and investment banking, did the appraisal and published the honor. It is an accepted commendation for the path-breaking undertakings of the Bank as it renovates itself into a solvents bank for Africa through a variety of its operations, knowledge services, and investment positioning, which proceed to expedite Africa’s development. Exactly in February 2021, Standard & Poor – a universal rating agency asserted the African Development Bank’s “AAA/A-1+” foreign currency issuer credit rating with a stable outlook. Also,...

By Richard Adorsu- NEW AFRICA DAILY  NEWS (NADN) Accra- The African Development Bank has approved two grants for research that will increase African women’s access to a range of digital financial services including loans and micro-insurance. The grants, for $1 million and $300,000 respectively, will be disbursed through the Africa Digital Financial Inclusion Facility, a blended finance vehicle supported by the Bank, to two financial technology firms, Pula Advisors Kenya Ltd., and M-KOPA Kenya Ltd. Pula Advisors will use the $1 million for research of social, cultural and economic factors that impact women farmers’ access to micro-insurance in Kenya, Nigeria and Zambia. Research findings will inform the design and implementation of gender-centric insurance products. The project will be...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The scheme to localize the possession of Namibian mining licenses discerns them culmination 2020 of an assessment of the Mining Act which encompasses prospecting and mining activities. The ministry declared openly in a press release that all “applications by Namibian nationals for the transfer, cessation, assignment of mineral licenses to foreign companies or persons may be granted provided 15% interest in the company to retained locally”. Namibia is a household to many corporations committed in research and actual mining. Very few of these companies have Namibian owners. In some cases where Namibians had holding, they ended up selling their interest to multinational corporations. Andreas Simon,...