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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- African Development Bank ( AfDB ) and Government of Nigeria have launched National Electrification Project (NEP), to address critical energy access deficits by channeling private sector investments into mini-grid and off-grid solutions. The project, which will be implemented by Nigeria’s Rural Electrification Agency, is a boost to efforts to achieve the target of universal energy access by 2030. Joint financing of  US$200 million from Africa Development Bank and Africa Growing Together Fund (AGTF) will help to scale-up private sector investment in the off-grid sector, nurturing a business ecosystem conducive to the rapid electrification of Nigeria’s off-grid communities. Speaking at the launch, Nigeria’s Minister of State...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Lawmakers in the House of Representatives in Liberia, have approved a $40 million consensus as a direct budgetary subsidy with the International Development Association (IDA) to literally fund the fiscal year 2019/2020 national budget. Anyhow, the financing agreement, the “First Inclusive Growth Development Policy Operation”, has already been endorsed between the Liberian Government, which was characterized by Finance and Development Planning Minister – Samuel Tweah and the World Bank Country which was affected by its Manager- Dr. Khwima Nthara. Nonetheless, in congruence with a constitutional prerequisite, President George Weah is pursuing Legislative endorsement to consummate the...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Nigeria’s Ecobank Managing Director – Patrick Akinwuntan meant, the Ecobank Express Save and Express Loan is a digital merchandise modeled to accelerate micro-savings in the thrift. This resourceful commodity is a fraction of the bank’s comprehensive blueprint to navigate economic inclusion and render full banking will certainly accessible to all and sundry in Nigeria. Akiinwuntan underscored Express Save and Express Loan will broaden it entrance for qualified clients in order to attain a temporary stint of micro-credit loans to bridge cash progression gaps, consequently endorsing to the national accomplishments to heighten financial inclusion. Ecobank Nigeria previously displayed a recent stock...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Ghana Shippers’ Authority (GSA) has developed a number of projects to aid in the facilitation of transport logistics in both the export and import value chain. The aim is to ease congestion at Ghana’s seaport where importers and exporters have met with numerous challenges in the course of the business. Chief Executive Officer (CEO) of the GSA, Benonita Bismarck, in a speech, announced this at a forum held in Tamale. The forum which was held on the theme ‘Overcoming Trade Barriers to Enhance Export in the Northern Sector: the Role of Stakeholders’, brought together stakeholders in the shipping industry; freight forwarders, importers and exporters, security agencies as well Small and Medium Enterprises (SMEs) to address...