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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Tietto Minerals has embarked on an enormous, partly underwritten A $62.5m capital lifting up to launch its 2.2Moz African Gold project in West Africa’s Cote d’Ivoire through the Definitive Feasibility Study stage and beyond. Incline toward numerous aspiring Perth-based gold developers absorbing cash during the recent gold price surge, Tietto has clocked its run perfectly, pitching its recent success with the drill bit to a swag of new and existing investors. The sequence was led together by local broker – Hartleys and the Australian Arm of Global Wealth Management Group, Canaccord. The capital raise was made up of a healthy $45 million that was underwritten, an additional $12.5million placement which...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The appraisal was administered with the technical assistance of Carbon Trust, in alliance with the Government of Angola, and in talks with key stakeholders such as development partners and private sector proxies. The report evaluates key enabling components expected for large scale mini-grid development, as well as the general, capacitates the mini-grid market in Angola, in alignment with the nation’s energy sector development strategy. The document rates that 9.9 million people, exemplifying 32% of Angola’s total population, and 47% of the non-electrified population, could be best satisfied by mini-grid solutions. It also accentuated the regulatory chasms that subsist in the mini-grid market,...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Chief Executive Officer of Nigerian Stock Exchange (NSE) – Oscar Onyema has asserted that, domestic investors are placid inclined to influence the Oil and Gas Sector. Nonetheless, Onyema pointed out that, the sector would proceed to tolerate outward tension throughout 2020 due to the Novel Coronavirus (COVID- 19) pandemic. The NSE Chief – Onyema enunciate at the Seplat Energy Summit 2020 with the theme: “Business Sustainability and Strategic Leadership in Africa,” where symposia were held on contributing useful understandings on the demanding circumstances on the function of energy systems by way of building a tolerable African economies. The first occurrence wielded basically on July...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- OpenText has announced the Department of Social Development of South Africa has deployed OpenText Documentum xCP, a case management framework to digitize its social assistance appeals process. The solution enables the department to provide a more effective, efficient, and accessible social assistance appeals service for its citizens and reduce legal expenditures. “Implementing OpenText Documentum xCP shifted the department’s operations into the 21st century. We have successfully transformed from a paper-based processing system to a fully digital system that has improved our efficiency and productivity,” said John Mokoele, Director, Pre-Adjudications and Operations in the Chief Directorate: Social...