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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd has stated that its cement expansion plan and fertilizer investments will open new trade routes for the company and Nigeria under the trade deal. Already, the cement company, despite an installed capacity of 29.3Mta in Nigeria, is targeting an expanded entity in-country and in Cameroon, while new plants will soon be ready for commissioning in Niger, Benin, Ghana, Cote d’Ivoire, and Togo. According to President/Chief Executive, Dangote Industries Ltd, Aliko Dangote, Africa needs to deliberately improve its per capita consumption of cement in order to aid infrastructural...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Ethio Telecom, Ethiopia’s National Telecom has announced plans to invest in the financial sector, seeking to boost the company’s operation besides its traditional telecom service. Frehiwot Tamiru, Chief Executive Officer of the Eithio Telecom, he noted that, the corporation has already correlated to the National Bank of Ethiopia, financial firms’ regulatory body, to initiate a mobile banking service in the country. Likewise, the regulatory body has lent the green light to start enterprise on the new sector. Presently, the Ethiopian administration is staring to partially vend the interest of Ethio Telecom to foreign and local investors, with the primary investment staying under the administration custody....

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- About 100 African and European actors have signed a charter of commitment to the development of the agro-pastoral sectors in Africa, particularly in the Sahel; The original initiative aims to resize and strengthen agricultural cooperation between Europe and Africa while ensuring the protection of biodiversity, a global common good. The recent health crisis has revealed the resilient capacities of African agriculture. Faced with the closing of borders, the drop of the purchasing power in urban areas, the major disruptions in the international market of raw materials and the availability of agricultural labor generally unaffected both by the virus and the traffic restrictions, the high demand for food products in cities has...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Half a year after their first E2 order, Congo Airways has put in a firm commitment for two E195-E2 jets, Embraer has published. This is in expansion to their present two aircraft order for the smaller E190-E2. The four airliner transaction has a total value of $272 million at established list prices. This current firm order will be encompassed in Embraer’s 2020 fourth-quarter backlog. Chief Executive Officer, Desire Bantu of Congo Airways announced, “We see an opportunity in our market and the crisis we are all facing for Congo Airways to emerge stronger – which is why we are not waiting to place this further order. These new jets will allow us to extend our passenger and cargo operations regionally to high...