Africa’s Financial Rehab: Could be Noteworthy when Policymakers and the Private Sector Amplify their Strategies to Empower Women Chief Executive of Africa Regions at Standard Bank Group discloses

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Sola David-Borha, Chief Executive of Africa Region at Standard Bank Group divulge, Africa’s financial recuperation could be sped if policymakers and the private sector amp up their endeavors to entrust women – a group that accounts for more than half of the landmass’s population. Since the quest of gender parity is largely a moral obligation, it also creates financial sense. By withholding women their full rights and opportunities, we are simply holding back growth and human development. Interventions attempted at excluding the financial impediments that women contend with – such as financial exclusion and unequal access to quality education – contribute positively towards poverty alleviation and social...

Ethiopia and International Fund for Agriculture Development: Launch $305 Million Project to Build Farmers’ Resilience

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- The Government of Ethiopia and the International Fund for Agricultural Development of the United Nations (IFAD) have launched a new US$305.7 million programme to help the most vulnerable farmers increase their resilience. The third phase of the Rural Financial Intermediation Programme (RUFIP III) is beginning at a crucial time. Implemented by the Development Bank of Ethiopia, it will help farmers to access financial services, raise and diversify their incomes, improve nutrition and build their resilience in rural areas threatened by climate change. The virtual launch involved project participants, government officials, UN and IFAD staff, including Solomon Desta, Vice Governor of the National Bank of Ethiopia, Yohannes...

The African Development Bank and EnergyNet, Africa Energy Forum: Organized the African Utility of the Future

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The African Development Bank, and EnergyNet – organizers of the Africa Energy Forum ( AEF ), have established the ‘African Utility of Future’ event, fostering teams to vie for a $5,000 dividend. The Power, Energy, Climate and Green Growth Complex (PEVP) of AfDB will partake at AEF 2020, mainstreaming the theory of: “The African Utility of the Future” – the motive for the 2019 AfDB-APUA CEO Leadership Forum. Apparently, this is a chain on the idea of “The Second Wave of Power Sector Reforms” as it connects to the Sustainable Utility Transformation (SUT) agenda of the Bank – an important element that will proceed to navigate the Bank’s ‘Light Up and Power Africa’ strategic purpose. Precisely, the...

Solomon Quaynor: Maintained the African Landmass has a Strategic Enterprise Alternatives that Nordic will find Remarkable

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Vice President for Private Sector, Infrastructure and Industrialization at the African Development Bank (AfDB) – Solomon Quaynor, has asserted that, there are strategic venture and chances on the African mainland that Nordic enterprises will find desirable. Talking at a webinar held by the Nordic-African Business Association (NABA), he pointed out that, the Bank’s statute to stimulate tolerable economic development and social growth on the African landmass, stemmed in $9 billion in marketable and concessionary lending last year. This according to Quaynor, moved towards the AfDB’s preference High5s, across its fundamental cross-cutting themes – that is mainstreaming gender, support to fragile...