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By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- SOUTH AFRICA, shortly after President Cyril Ramaphosa announced that, the Novel Coronavirus pandemic lockdown will be ease on May 1st, 2020 Political parties and trade unions all touted President Cyril Ramaphosa for his timely statement in an overture; for the South Africa government to strengthening the balancing of saving lives and granting the economy an opportunity to huff after serious suffocation under a total lockdown since March 2020. Similarly, Ramaphosa declared openly that, the country would ameliorate some regulations, with various businesses awaited to open, enclosing the allowances and the permission of the sale of cigarettes. D A leader – John Steenhuisen – Official opposition DA...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- The African Development Bank and SA Taxi Development Finance Proprietary Limited, a wholly owned subsidiary of SA Taxi Holdings Proprietary Limited, have signed a $100 million loan agreement to support the firm’s growing strategy to empower taxi operators with limited access to finance from traditional financiers. The loan agreement, which carries an eight-year tenor and includes a six-month grace period, was signed between the Bank’s Director of Infrastructure & Urban Development Amadou Oumarou, and Lorenzo Cardoso, Chief Financial Officer and Director of SA Taxi. “The funding transaction entered into with the African Development Bank is instrumental to SA Taxi’s medium- and long-term strategy. The tenor and size of the...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- On Monday April 27th, 2020 the Mines Ministry and Hydrocarbons and the African Energy Chamber will host an upright webinar on the prevailing state of the accepted oil desires in the oil trade. H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea will oversee the conversation on the topic ‘The State of Oil Markets and Global Rebound’; The webinar will be mediated by Concepcion Esuba – Founder of Evicon and Caty Hirst – Director of Programming at Africa Oil & Power. Featured on ‘The State of Oil Markets and Global Rebound’, the forthcoming to the civil webinar will talk about the incessant challenges in the international oil enterprise and what it will...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Renowned gold producer in Guinea, Nordgold Group has ratified an engineering, procurement and construction agreement to design and construct a 33 MW power plant at Lefa Mine, which is believed; it’s the biggest gold mines in Guinea. Yet, the approval is with China’s manufacturing service group SUMEC – a key partner of China National Machinery Industry Corporation (SINOMACH). The recent heavy fuel oil (HFO) power plant will reinstate the prevailing power, virtually lessening both fuel consumption for electricity production by 15% and engine oil by 30%. Apparently, this will emerge in a 17,000 deduction of greenhouse gas emissions per year, which is in a string with Nordgold’s climate change...