Blog Medium Without Sidebar

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Council of Ministers of the Southern African Development Community (SADC) will join on August 13th, 2020 in rehearsal for the 40th Ordinary SADC Summit of Heads of State and Government which will be held on August 17th, 2020. Literally, during the meeting; the Minister of Foreign Affairs and Cooperation of the Republic of Mozambique – Honorable Verónica Nataniel Macamo Dlhovo will bogart the Chairpersonship of the SADC Council of Ministers from the outgoing Chairperson – Honorable Professor Palamagamba John Kabudi – Minister of Foreign Affairs and East African Cooperation of the United Republic of Tanzania. Thus, the Ministers will examine enactment of the 39th SADC Summit “A...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The United Bank for Africa – a Pan African financial services group with its headquarters in Lagos – Nigeria, has dissemble as a preliminary mandated forefront arranger with a consortium of Nigerian retail banks in $1.5 billion naira pre-export finance facility for Eagle Export Funding Limited to foster the sale of crude by the Nigerian National Petroleum Corporation and National Petroleum Development Company (NPDC) The United Bank for Africa is giving $200 million in naira equivalent to the crude oil sale to finance investment growth and liquidity regulations. “The forward sale will provide much-needed capital for investment in NNPC production capacity which is of strategic importance to...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- August 7th, 2020, geriatric administrators at the Sierra Leone Civil Authority (SLCAA), the Ministry of Transport and Aviation (MTA), and the Ministry of Lands, Housing, and Country Planning (MLHCP) wielded meetings with key decision-makers in Sierra Leone’s second capital city of Bo, Southern Sierra Leone about the opening of domestic commercial flights in the country, after touring the defunct Bo airstrip which is being deemed for the resumption of domestic flights. Ministers say that, the resumption of domestic flight operations in Sierra Leone will support enormously to the growth of the country’s Tourism Industry. Sadiq Silla – Deputy Minister of Transport and Aviation let out that, the main...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Marathon Motor Engineering, a local automotive firm, said that electric cars would be roaring in the capital sooner than later as it has finalized its preparation to assemble 36 ultramodern, cost-effective and environment-friendly electric vehicles in daily operation. The firm also reiterated that the vehicles would be sold at affordable price for individual and enterprise customers capitalize on the government’s tax reduction and other incentives for the automotive industry. Approached by The Ethiopian Herald, Marathon Motor Founding CEO Melaku Assefa said that the commencement of the new electric cars’ assembly line is aligned with the government’s priority to build a climate-friendly economic growth as...