Ecobank: Transnational Incorporated Chief Executive Officer asserted…the PanAfrican Group is fostering expenditures across Africa since the enactment of the African Continental Free Trade Area Agreement open

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- THE Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the Pan-African banking group is facilitating payments across Africa as countries start the implementation of the African Continental Free Trade Area Agreement (AfCFTA). Ade Ayeyemi – Chief Executive Officer of Ecobank Transitional Incorporated (ETI) noted in an talk with journalists, brought up that, Ecobank has been competent to influence global compensations across the 33 countries where it regulates on the landmass of Africa through its Rapid Transfer program. Ayeyemi regurgitated that, the bank’s policy could be weighed to acclimate other African countries under the AfCFTA founded on their...
Posted On 21 Jan 2021
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$2.4 Billion: Mineral Exports rose by 27% in 2020, the Minerals and Marketing Authority of Zimbabwe divulged

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Zimbabwe mineral exports, ignoring gold and silver, in 2020 spurted by 27%, developing the country $2.4 billion, according to the Minerals and Marketing Authority of Zimbabwe (MMCZ). “Up to December 2020, we managed to surpass target; we had a total sales value of US$2,4 billion against a budget of US$1,86 billion,” MMCZ general manager said in an interview. “We have done relatively well. We are 29% above budget for this year and compared to 2019 we are 27% better off.” This puts Zimbabwe on course of attaining a $12 billion mining thrift in the following two years, told Muzenda. The mining sector is Zimbabwe’s hugest foreign dough earner, accounting for 70% of the nation’s export stubs. In two...
Posted On 20 Jan 2021
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President John Magufuli: To Venture on gigantic Projects in Kagera District of Tanzania

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- President Magufuli on January 18th, 2021 commence a two-day tour in the Kagera Region where he will examine and inaugurate numerous ventures worth $48.99 billion, Dr. Hassan Abbasi – Permanent Secretary in the Ministry of information, Culture, Arts and Sports revealed. “As you are aware, after October 28th, 2020 general election, President Magufuli carried a lot of time to form his new government, as well as coming up with other operational preparations in the second five-year term. Therefore, the visit shows the work has begun and it will continue,” Dr. Abbasi said this on January17th 2021, amidst the president’s visit in the region. First, Kagera Regional Commissioner Marco Gaguti warned columnists at a...
Posted On 19 Jan 2021
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Sierra Leone: Mayor Thomas Karim Baio Disclosed the Development Schemes of Kenema City for 2021 and Underscored the Successes and Challenges of 2020

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Kenema City Council has unveiled its development plans for 2021 while highlighting the successes and challenges of 2020. Communicating with correspondents at the council’s end-of-year briefing at the Kenema City Conference Hall – Mayor Thomas Karim Baio said the council was able to rehabilitate two markets to modify the business environment. He announced that, among other things, they also constructed twenty-two trenches and organized solid waste well in 2020. The trench, he explained, “was meant to link new communities to the center of the city since the city is expanding day by day. This is in line with strives to help mitigate the rate of road accidents on deplorable roads connecting to the city...
Posted On 18 Jan 2021
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