Angola: Strives to Consolidated Affiliation with Sao Tome and Principe

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The President of Angola – João Lourenço on July 9th, this year, underscored the necessity to extend and exacerbate partnership between Angola and São Tomé and Príncipe. In an announcement expressed to his counterpart – Evaristo do Espírito Santo Carvalho, observing the 45th anniversary of the National Independence of Sao Tome and Principe, the Angolan Head of State reassured that, both nations have an identical narrative and political trajectory, that perform as a component of nearness between the two nations. According to President Lourenco of Angola, a combined excursion is essential as away to attain a wide frame of undertakings of public interest, intending for at the progress, development...

African Customs officials: Set for Intensive Capacity Building Exercise Prior to the Implementation of African Continental Free Trade Area (AfCFTA)

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Plans are ongoing by all member states under African Continental Free Trade Area (AfCFTA). The Headquarters of the Secretariat, to begin rigorous capacity building of all customs officials prior to the implementation of the agreement early next year. This follows an assessment conducted recently by the United Nations Conferences on Trade and Development which recommended the need for the AfCFTA Secretariat to embark on rigorous training of customs officials of all member countries. The assessment concluded that most African customs lack the capacity and the ability to effectively monitor the application and collection of Value-added Tax (VAT). The training of customs officials is expected to build capacity of member...

Sixteen Billion Leones: Virtually Procured by China Friendship Salone and General Services of Seven Forty Feet Containers Comprising of Water Connection Equipment

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Sierra Leone Water Company (SALWACO) has collected seven 40ft containers comprising connection equipment worth over Sixteen Billion Leones. The materials were procured by China Friendship Salone (CFS) & General Services and ceded to the agency at Degremont, Kissy in Freetown. In the Third State Opening of the Sierra Leone Parliament, President Bio certainly asserted that, there will be development in water connectivity in all the municipalities where water antidote plants have been obtained. The Minister of Finance, Jacob Jusu Saffa ameliorated the expenditure to the contractor for the quick delivery of the connection materials. Joseph Munda Sandi – Managing Director of SALWACO received the materials...

Central Bank of Liberia: Divulged the Entrance of L $4 Billion Banknotes in order to Soothe Liquidity Burden on the Liberia Thrift

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Central Bank of Liberia (CBL) says in a release that, the safe coming of extra four billion Liberian dollar banknotes were secured in the vaults of the Central Bank of Liberia Headquarters on July 7th, this year. All this is a way to relieve tension of the liquidity stress faced by the West African nation in recent times. The CBL, in alliance with Kroll, shall administer over the coming days to embark on a  full technical verification procedure of the new banknotes, in order to confirm, they admit with the contractual specifications. Preceding to circulating the additional Liberian dollar banknotes, the banking system had encountered awful liquidity problems, including injured and inadequate banknotes in...