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 By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Experiencing organizations of the discussion touted the LPRA for the ambition and asserted concern in operating with the Authority in assuring that, Liberian corporations are entirely encompassed in the petroleum sector particularly; during the 2020 offshore licensing round. Going forward, through a compromises of guaranteeing that Liberian retained firms completely partake in the country’s ongoing offshore petroleum licensing round, the Liberia Petroleum Regulatory Authority (LPRA) on June 5th, 2020, wielded a meeting with diplomats of the Liberia Business Association (LIBA), Liberia Chambers of Commerce (LCC) and the Patriotic Entrepreneurs of Liberia (PATEL) to entirely clarify the procedures and...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- ZESCO Limited of Zambia has permeated into a long-term partnership with Konkola Copper Mines (KCM) pursuing prosperous outcome of after the proclamation of the supply and communication lines on the Copperbelt as common carrier. The agreement between ZESCO and KCM is part of ZESCO’s long-term policy of rectifying inequalities in the energy supply chain, started Zesco Director Strategy and Corporate Services Patrick Mwila. The unnatural unevenness in supply, were the result of the Bulk Supply Agreement ratified between ZESCO and Copperbelt Energy Plc on November 21st, 1997 that had been commercially disadvantageous to ZESCO and which ended on March 31st, 2020. “These inequalities were promoted by...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Past five decades, African Development Bank Group has being at the forefront of driving Africa’s economic transformation, leveraging its diverse resources and unique know-how as an indigenous development finance institution. The Bank has delivered on its goals of reducing poverty and fostering inclusive growth on the continent. We scaled up development support for our 54 regional member countries and recorded remarkable successes in recent years in our renewed push to help deliver life-changing impact to livelihoods. Overall, the Bank’s investments have benefited millions of Africans through its 10-year strategy which it began implementing since 2013. Here are highlights of the Bank’s achievements: Landmark General Capital...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- According to information, Africa’s richest billionaire – Aliko Dangote, Mike Adenuga and Abdul Samad Rabiu have been recorded among top fifty billionaires out of over seventy-seven billionaires across the planet that divulged their contributions to enable the trauma of COVID-19 on their several thrifts across boundaries. The founder and Chairman of Dangote Group – an industrial empire, registered in the 32nd degree among the prime donors in the report; after donating $5.2 million to the Federal Government and other medical supplies. The donation, according to reports, is 0.07% of his net worth which as of May was $8 billion. Globacom ‘s Chief Executive Officer (CEO), Mike Adenuga, listed forty on...