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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The agreement reaches completion at a time when business impatience are soaring across much of the rest of the world. The 55-nation Africa Union (AU) will reflect the event in a ceremony that appears just hours after the UK evacuates the European Union’s single market and a new post-Brexit trade agreement immigrates into force. The primary goods will start to seep under an African–wide free-trade agreement on Friday, the completion of more than five years of negotiations on slicing cross-border tariffs. Africa is envisaged to be the world’s vastest free-trade zone by area when its covenant comes to be fully functional by 2030. The union has a probable market of 1.2 billion people and an incorporated gross...

By Abdul Rahman Bangura– NEW AFRICA DAILY  NEWS (NADN) Freetown, Sierra Leone- Algeria maintains significant role twitched in 2020 a key, thus giving rise to visions higher within the Organization of the Petroleum Exporting Countries (OPEC) and its supporters OPEC+, in proclamation to attain a mutual effort intended for at stabilizing again the oil market which has suffered a drastic drop in demand and prices because of the Novel Coronavirus (Covid-19) pandemic. This stance was flirted through Algeria’s presidency, in 2020 of four international and regional energy organizations, namely OPEC, the Organization of Arab Petroleum Exporting Countries (OAPEC), the Organization of African Petroleum Exporting Countries and the Gas Exporting Countries Forum (CECF). In effect, ,...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Ministry of Economy and Planning is to relate on Monday December 28th, 2020 in Luanda, the Assessment Report on the enactment of the Programme to Support Production, Diversify Exports and Replace Imports (Prodesi2020). According to a note that has appear ANGOP, in this presentation the administration of Angola is to clarify the five pillars of Prodesi, namely “Access to Credit”, “Increase of production and productivity”, “Accesses to internal and external markets”, “Training and Upgrading” and “Improving business environment and perspectives for the first semesterer of 2021″. The session, to be chaired by the minister of Economy and Planning, Sérgio dos Santos, will include the award of distinction...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana-  Africa must leverage investment to unleash the potential and ingenuity of its youth, its most important asset, African development Bank, President Akinwumi Adesina said at the Montreal fireside chat event. The three-day virtual event was organized by the international economic forum of the Americas, under the theme, a sustainable recovery for people and planet. During the fireside chat, Adesina engaged in discussion with Inger Andersen, Under-Secretary-General of the United Nations; Executive Director of the UNEP Jean Lebel, President of the International Development Research Centre (IDRC) moderated the discussion, which covered three areas: the current state of affairs with respect to COVID-19 and climate change, stimulus...