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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- MOROCCO, Industry Ministry  has confirmed mass production of its own ventilators with oxygen masks, with 500 expected to be ready by mid-April to help meet demand caused by the COVID-19 pandemic. The North African kingdom has confirmed 1,431 cases of the novel Corona Virus, including 105 deaths, and is seeking to raise the number of its intensive care beds to 3,000 from 1,640. The pandemic has led to a global shortage of ventilators and other medical equipment. Morocco has asked aeronautics and electronics suppliers in the country to develop and manufacture both non-invasive ventilators, where an oxygen mask is secured over the patient’s face, and invasive models where a tube feeds oxygen straight to a sedated patient’s...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- NIGERIA, African Development Bank (AfDB) has bidden Nigeria a thorough procedure to handle monetary challenges emanating from the Novel Coronavirus (COVID-19) pandemic. Ebrima Faal, Senior Country Director of the bank, helped what Nigeria should do for an emotional financial rescue, Faal said the measures would comprise short-term and long-term responses to address difficulties that the country would be facing as a result of COVID-19. He said it had been observed in many countries where this kind of crisis occurred required quick and decisive actions as well as policy coordination to reverse the potential challenges to the economy. He noted that around the world, countries at more advanced stages of the...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Subject to the unparalleled latch fluff of the flight enterprise, it is not a secret that; it has removed airlines keeping up a forthcoming invoice of $35 billion as compensation to passengers for sold but unused tickets. This appeared as a result of the Novel Coronavirus predicament that insert airline resources, with a contemporary survey by the International Air Transport Association (IATA), forecasting the airlines could be brought so low to as much as $61 billion of their currency substitutes during the next quarter ending June 30th, 2020. They will also post a net loss of $39 billion for the quarter. “In addition to unavoidable costs, airlines are faced with a refunding sold but unused...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Rwanda and Germany beget autographed of a financing agreement worth better than €52.1million (Rwf53billion) to bolster sustainable urban development, decentralization, and promotion of growth and export-oriented small and medium-sized businesses. The contract was electronically endorsed on Monday, April 8th, 2020 between Minister of Finance and Economic Planning – Dr. Uzziel Ndagijimana of Rwanda and the German Ambassador to Rwanda – Dr. Thomas Kurz. is also expected to bring hope to a small export business that has been affected by the global coronavirus epidemic. This financing partnership will render to facilitate preeminence sectors such as decentralization and good governance, employment...