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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Confirmed by the National Authorizing Officer (NAO) the Administration of Sierra Leone has fulfilled the prerequisites of the European Union for a first allotment of €10 million reliable slice of fund; aid for the 2020 Financial Year; under the Third Stat Building Contract for Sierra Leone. Despite the challenges masqueraded by the Covid-19 pandemic, this will deliver much-needed flexibility for Government initiatives to enhance macro-economic resilience and assistance livelihoods, as a way of to alleviate funding rifts established by the desire to deflect substantial general improvement aids towards the Coronavirus response. The Third State Building Contract is prominent to the EU’s growth cooperation, with...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- On June 4th, 2020, the Federal Government of Nigeria announced, it would generate about five million employment and insert over $10 billion into the thrift of Nigeria in the subsequent ten years through its Agriculture Revolution Program labeled “The Green Imperative.” Moreover, this would also establish a bearable merchandise string of raw materials for the country’s huge manufacturing corporations, to stream locally, this saving billions of dollars in food-related foreign exchange. The country’s Minister of Information and Culture – Lai Mohammed expressing in a mutual media briefing in Abuja; in attendance of the Sabo Nanono – the Minister of Agriculture and Rural Development, that; the program...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone-  African Import-Export Bank (Afreximbank) and International Trade Centre (ITC) are co-operating to assist enterprises earn the most of the African Continental Free Trade Area. An assertion from the Bank, and made accessible to the media on June 3rd, 2020, that the training programme, tagged How to Export within the AfCFTA, is being inaugurated as the new free-trade area arrives on stream and amid the financial burden of climate change and the the Novel Coronavirus pandemic. The training will give business holders, the proficiency and abilities they wish to commit effectively in cross-border trade under terms of the arising free-trade area for Africa. Intra-African trade is structurally low at 15% (compared...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Uganda’s coffee exports continue to surge despite the coronavirus pandemic with April  first quarter figures showing growth compare to last year. Uganda Coffee Development Authority (UCDA) said in a report released coffee exports were 359,973 60 kilogramme bags worth $36.93 million compare to 305,643 bags exported in April 2019 valued at $30,048,530 million. This was an increase of 18 per cent and 23 per cent in quantity and value respectively, compared with the same period last year. For the coffee authority, the increase in exports has been attributed to higher production on account of fruition of the newly planted coffee and not necessarily the harvest season. “Coffee exports for the first 10 months of the financial year...