Senegal: Established Start-Up Statutes to Promote Women Entrepreneurs

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- The rule legislated in Dakar to improve female-led enterprises; by way of rendering tax breaks and other windfalls, to innovative industries, was inducted in an event where programmers and others meet for collaborative software development by additionally sixty lead Senegalese entrepreneurs in 2018. Exactly, It is foreseen to put up with effect tardily 2020. It is targeted at female and youth-run businesses in particular, as well as other start-up businesses that are doing good. Furnishing a handbook to business operations in the country, the Act is anticipated to innovation and entrepreneurship, and encourage data collection and sharing among entrepreneurs to encourage them evolve better business plans...

Gabonese Custodians: Amassed for Africa’s Free Trade

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Elderly administrators in toll of industrial exhibition, customs and trade matters, as agreeably as proxies of the private sector, civil society, the academia and the media of Gabon, have been assembled to a National Awareness and Sensitization Forum on the African Continental Free Trade Area (AfCFTA), from February 26th, 2020 on to February 27th, 2020, at the King’s Choice Appart Hotel in Libreville. Financed by the European Union, the forum will be promoted by the UN Economic Commission for Africa (ECA) through its African Trade Policy Center (ATPC) and its sub-regional Office for Central Africa, in tight affiliation with the Ministry of Tourism, Trade, Small and Medium-Sized Enterprises (SMEs)...

AngloGold Ashanti: To Sell South African Assets

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN), Accra, Ghana- AngloGold Ashanti said on it will sell its remaining South African assets for about $300 million to Harmony Gold. The gold miner said in May it will review divestment options for its South African assets, which include the world’s deepest mine, as it looks to streamline its portfolio and focus on assets that deliver higher returns. AngloGold said the deal includes a cash and deferred payment totaling about $300 million, subject to subsequent performance, with additional proceeds due if the West Wits assets are developed below current infrastructure. AngloGold said it identified Harmony as the most suitable party to acquire these assets during the nine-month sales process due to its financial capacity and capability of...

Uganda: Stanbic Seposes Small Medium Enterprises for Oil and Gas Sector

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Stanbic Bank Uganda, through its Business Incubator, has reached into a pact with the Uganda National Oil Company to improve national content. This agreement pursues to heighten Small and Medium Enterprises by imparting employment aptitudes on how to continue tolerable and grow their sales. The two forces will also give technical backing of facilitators to help equip the businesses to make them prepared to participate in the oil and gas sector. Stanbic Bank’s Chief E – Patrick Mweheire stated: “We are pleasured to be partnering with UNOC in this meaningful enterprise that endeavors to promote participation and improvement of national body in the oil and gas sector.” Uganda National Oil...