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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Ghana has been elected as the Vice Chairman of the United Nations Commission on International Trade Law (UNCITRAL) for 2020- 2021 during the 53rd Session held  in New York, USA. UNCITRAL is the core legal body of the United Nations system in the field of International Trade Law. A legal body with universal membership specializing in commercial law reform worldwide for over 50 years, UNCITRAL’s business is the modernization and harmonization of rules on international business. The Commission is active in negotiating and producing texts including conventions, model laws and legislative guides in a range of subject areas. There are currently six Intergovernmental Working Groups within UNCITRAL negotiating texts in the following...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- In an overture to strengthen production breadth and further boost its market share, shareholders of Dangote Sugar Refinery Plc (DSR) have approved for the formal allowance of Savannah Sugar Company Limited. Shareholders of DSR during their Extraordinary General Meeting, which was gone in advance by the 2019 Annual General Meeting, elected in favor of the consolidation of the two companies as sub-Saharan Africa’s largest sugar sifting firm, undertook on the next stage of its backward integration plan to revolutionize the sugar sub-sector of the nation’s economy. The Chairman of the company – Alhaji Aliko Dangote noted the DSR, a top tier performer in the enterprise with an installed ability to produce...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Mining Sector in the Eastern Africa nation is among the vital areas that have been felt by reforms and have participated to the development of Tanzania’s thriftiness during the first phase of the government of President John Pombe Magufuli. Data from the National Bureau of Statistics (NBS) indicates that mining provided 15.3% to the country’s Gross Domestic Product (GDP) in the first quarter (from January to March 2020), appreciation to the reforms that have been made. Also, the reforms have boosted small-scale miners, as the government through the Ministry of Minerals has been bringing mining silences to small-scale miners and put in place policies and policies for their empowerment. Thus,...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Economic Community of West African States (ECOWAS) in a statement thrown its weight behind the candidature of Dr. Okonjo-Iweala for the position after Nigeria formally nominated Dr. Okonjo-Iweala, the economist, for the position for the period 2021-2025. A statement signed by the chairperson of the ECOWAS Heads of State and Government Mahamadou Issoufou also called on other African countries and non-African countries to support her candidature. “…since the creation of the World Trade Organization (WTO) on 1 January 1995, which is a successor to the General Agreement on Tariffs and Trade (GATT) established on 1 January 1948, no African has assumed the position of Director-General of the Organization,” the...