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By Abdul Rahman Bangura–  NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone-  Uganda’s Tullow Oil on November 11th, 2020 announces, it has finished off the transaction of its investments in Uganda to Total at a sum of $500 million. The sale according to an assertion by the Irish oil company, was inferred earlier today from Total pursuing receipt of payment. On the same vein, Tullow explains it foresees to earn a further $75 million when a Final Investment Decision is taken on the development project. It also awaits possible earnings related to the oil price expected after proceeds starts. The announcement discloses the culmination of this transaction fulfills the achievement of all deal conditions, published on October 21st, 2020, which comprised the undertaking of the binding Tax...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana-  The first of the regional conferences on the implementation of the Africa Continental Free Trade Area (AfCFTA) Agreement and the National Export Development Strategy held November 10 in the Ashanti Region, Ghana. Mr. Robert Ahomka-Lindsay, Deputy Minister for Trade and Industry, gave the keynote address on the conference theme: “Empowering Ghanaian Businesses to harness the benefits of the African Continental Free Trade Agreement under the framework of the National Export Development Strategy (NEDS)”. The conferences are to sensitize relevant stakeholders from the private and public sectors, especially Ghanaian businesses in the various regions, about export development interventions aimed at empowering the private sector....

By Abdul Rahman Bangura–  NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The ultimate session gives youthful entrepreneurs in Africa’s agrarian sector, the alternative to toss their agribusiness recommendations online to a committee of experts and investors that will have to select the champs. Thus, AgriPitch organizers collected over 2,500 applications and assessed 605 propositions from thirty nations. The finalists, from twelve African nations, delivered reasonable proposals that best caressed the 2020 theme of “Driving Sustainable Nutrition and Gender Inclusivity in Africa’s Agri-Food Systems: Youth Agripreneurs Seize the Decade.” Finalists, all aged under 35, were selected under the competition’s Start-Up,” “Mature Business” and “Women-Empowered Business” groups. “It is...

By Abdul Rahman Bangura–  NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The week protracted circumstance, strived to highlight FinTech as an antidote to the dilemmas across diverse businesses including health, agriculture and logistics. Ade Bajomo – the Executive Director for Information Technology and Operations at Access Bank Plc, asserted, “Access Bank is committed to positively impacting lives and building the economy through technology. For years, the Bank has invested in several initiatives geared towards improving access to technological innovations while providing platforms for tech enthusiasts to innovate and make a massive impact on society.” One such innovation is Facepay which is a forerunner solution in Africa that snags the face of an individual and effects...