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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Trending to its enterprise, the leading transnational terminal operator – APM has financed $348 on in Apapa Port. In a not too distant feature, the corporation previously developed two new multimillion dollars state-of-the-art Mobile Harbor Cranes (MHCs) to increase service delivery at the port, which was commissioned by the Managing Director of Nigerian Ports Authority (NPA) – Hadiza Bala Usman, in Lagos. Nonetheless, the contemporary cranes were obtained as part of APM Terminals’ following enterprise of $80 million (N33.6billion) for the 2020-2021, generating the total involvement by the firm in Apapa since 2006 to $438 million (about N184billion), which is the highest by any private terminal...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- $100 million has been approved to Egypt by the International Islamic Trade Finance Corporation (ITFC) with the General Authority for Supply Commodities (GASC) by way to encircle the Egyptian Government’s important strategic entity that are lacking during the eruption of COVID-19. Authorization of the financing constitutes fraction of the ITFC’s Master Murabaha Agreement, that promotes Egypt’s General Authority for Supply Commodities to mitigate the nastiest mortal traumas of the Novel Coronavirus scourge, by ensuring food product substances. H.E Dr. Ali Al-Mesilhi – Minister of Supply and Internal Trade, substantiated that; the Ministry of Supply affected by the General Authority for Supply...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- The contemporary accession of StorEx as a notable supplier of Third-Party Maintenance (TPM) for enterprise-sized establishments by Evernex, a prominent multinational provider of Third-Party Maintenance aids for data center infrastructure, has facilitated the locally assembled consultant to considerably enhance its African imprint and operations. Founder and Chief Executive Officer – Jan Beukes StorEx, lets out the corporation will maintain its limited branding, level one B-BBEE reputation and South African-based team as it proceeds to navigate TPM perception and adoption across the African continent: “As an Evernex company, StorEx will expand its industry-leading solutions and services...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- The Board of Directors of the African Development Bank has approved a $40 million financial package to support Angola’s Banco Millennium Atlântico (BMA) to bolster local production and job creation through its portfolio of small and medium-sized enterprises. The package consists of a $32 million line of credit from the Bank and an additional $8 million in parallel financing from the Africa Growing Together Fund (AGTF), a co-financing fund sponsored by the People’s Bank of China and administered by the African Development Bank. The facility will provide the long-term financing required by BMA to support the expansion needs of growth-oriented small and medium-sized enterprises (SMEs) operating mostly in agriculture,...