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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN), Accra, Ghana- NIGERIA, Dangote Fertilizer Limited has begun the countdown to the inauguration of its US$2 billion Granulated Urea Fertilizer complex located in the Dangote Free Zone. With a capacity of 3 million tones per annum, the plant has been classified as the biggest project in the entire fertilizer industry. Siapem of Italy is the Engineering, Procurement and Supervision (EP) Contractor for the project, while Tata Consulting Engineers, India, is the Project Management Consultants (PMC) for the project. At this time, several critical sections of the plant are going through various stages of pre-commissioning and test-run. Virtually all the section of the plant such as Central Control Room, Ammonia and Urea Bulk Storage, Cooling...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- SOUTH AFRICA, the country’s tariff income is at risk under the deal, which requires African member nations to lessen tariffs. Sources from South Africa Tax Commissioner stated that, South Africa trusts to chance losing taxes on roughly, 70 billion rand ($4.5 billion) worth of trade when a continent-wide free-trade authorization bangs in. Prime business, under the African Continental Free Trade Area, that would encircle a market of 1.2 billion people with a blended gross domestic product of $2.5 trillion, is fixed to commence July 1st. 2020. The agreement expects member states to work toward obliterating or dropping off tariffs on 90% of goods to simplify the tendency of capital and people and...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- The Tunduma-Nakonde merchants at one-stop border post could utilize Tanzanian and Zambian cash on each side of the border without having to change them, thankfulness to a fresh treaty to shave inconveniencies in a bid to promote trading movements. In this respect, on the verge of 2018 Tanzania and Zambia inscribed a Memorandum of Understanding (MoU) for convertibility and repatriation of their currencies. On February 27th, 2020, a geriatric bank official from Bank of Tanzania (BoT) stated that, the conversion and repatriation of Tanzanian shilling and the Zambian Kwacha; is adjusted to accelerate trading between the people of the two neighboring states and prevent informal foreign exchange. Currency...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Multinational, soccer star – Didier Drogba, has improved his motherland, Côte d’Ivoire, strike a compromise of gold by enabling to compile MOUs for a total of $15 billion in obligations to back tourism projects in the West African nation. The godsends UNWTO Forum for Africa, which took place in Abidjan last week. The momentous Forum de l’Investissement Hotelier Africain (FIHA), which takes place in Abidjan next month March 23 – 25, 2020. FIHA is realized for its proficiency to link up the new investors with developers, consultants, contractors, hoteliers, and political leaders. The retired Chelsea striker – and now UN World Tourism Ambassador – was part of a thriving global thrust to nurture the...