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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Malawi eventually, has approved the ratification of the African Continental Free Trade Area (AfCFTA) after years of ensuring an agreement to uphold the continent’s heftiest solitary market. Mayeso Msokera – Ministry of Trade spokesperson ascertained about the approval to accept the consensus pursuing productive conversations with other stakeholders, comprising the private sector. The authorization arrives two months before the AfCFTA is establish for it approval, Malawi had already ratified the deal on March 21st, 2018 in Kigali, Rwanda. Smokers stated: “Malawi held successful consultations with the private sector through the Ministry of Trade, which led to an endorsement for ratification of the...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration & Energy Production Company (SEEPCO) have signed an agreement for the development and commercialization of gas from the Oil Mining Lease (OML) 143 that could help reduce gas flaring in the country. Speaking at the agreement signing ceremony which was held at the NNPC Towers, the Group Managing Director of NNPC, Malam Mele Kyari, described the execution of the deal as a great milestone as well as a testament to NNPC’s commitment to facilitating the nation’s transformation into a gas-powered economy. He said the deal would not only help reduce gas flaring and its environmental hazards, but would also promote gas production and utilization in the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- A retinue of the energy conglomerate ; Sahara Group – Sahara Energy Resource Limited maintains since 2014 furrowed $450 million into promoting the supply of Liquefied Petroleum Gas (LPG) to Cote d’Ivoire as the country proceeds its pursuit for cleaner cuisine fuel druthers. Nonetheless, the 2014 Population and Housing Census (RGPH 2014) in Cote d’Ivoire expressed that 78% of households use wood and charcoal as their cooking fuel while 22% use gas, the National LPG consumption has grown from 175KT in 2013 to 380KT in 2019, followers increased availability of the butane gas and deliberate policy intervention by the government. According to 2020 YTD schedules, Sahara Energy has capitalized about $84...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Varying from the $155 billion it reinforced to the Sub-Saharan Africa (SSA) thrifts in last year, the movable traffic is anticipated to boost this to $184 billion by 2024. The Global System for Mobile Telecommunications Association (GSMA) SSA Economy report, expressed on September 29th, 2020 at the incessant GSM Thrive Africa Conference. On this note, the body noted, regardless the financial skepticism educe by the COVID19 predicament, operators in the region would invest $52 billion in infrastructure rollouts within the next five years. GSMA remarked that, the COVID-19 pandemic had a serious impact on the digital landscape in SA and around the world, expanding that, the social distancing measures put in...