In South Sudan: The Main Opposition and Civil Societies Pushes for New Constitution

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA- South Sudan’s opposition and civil society groups, currently negotiating a political deal with their government in Nairobi, say they want the talks to lead to a new constitution so that the country can start from a clean slate. The new demand, atop the original desire to rope them into the government of national unity, came as the talks progressed into the second month this week. Pagan Amum, a former minister in South Sudan and leader of the South Sudan Opposition Movement Alliance (Ssoma), on Thursday joined other opposition groups to make a four-point demand for the talks. He said the talks in Nairobi should lead to a “constitutional conference” beginning from Nairobi and another session in Juba. “The expected outcome of...
Posted On 19 Jun 2024
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Ghana: Consistent Transition into Renewable Energy Enticed quantum Recognitions from International Investors

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Substantial international investments and positioning the country as a regional leader in sustainable energy initiatives. Being fixated as the regional leader on sustainable energy initiative with a clarion desire for electricity and a venture to curtail carbon emissions, Ghana has gave premium to the development of renewable energy infrastructure. Vital projects such as the Bui Solar Project and the Nzema Solar Power Plant have virtually expanded Ghana’s renewable energy capacity. These projects embraces enough of solar resources, providing clean and reliable electricity to homes, businesses, and industries across the country. In addendum, wind energy projects in coastal areas and hydropower initiatives...
Posted On 18 Jun 2024
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$925 Million…The Afreximbank: To Nigeria under the $3.3 billion Syndicated Credit Facility Subsidized by the Nigerian National Petroleum Company Limited

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– “Arranged and coordinated by Afreximbank, the accordion arrangement saw the raising of a combined total of US$925 million from a consortium of crude oil off-taker lenders including but not limited to the Oando Group and Sahara Energy Resource Limited,” the bank stated in a statement. This disbursement, “is expected to provide further support for Nigeria’s macroeconomic stability and long-term economic growth while enhancing the country’s industrialization and trade development efforts.” According to NNPCL’s Chief Executive Officer – Mele Kyari lamented that, “the successful disbursement of the first accordion under project Gazelle and its interest in funding viable and strategic projects is a clear...
Posted On 17 Jun 2024
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Uganda: Museveni throw light on Absorption of home made Products and the Regional Markets

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Museveni asserted, Ugandan exports to EAC were in $2.140b in 2023 while those to the COMESA countries were $2.157b. The production of cement 6.4million Metric tonnes with an internal demand 2.4million tonnes establishing a balance of surplus of 4.million tonnes like wise sugar production in Uganda is a 600,000 metric tonnes with an Internal market 380,000 metric tonnes. And for the steel products ,Uganda produces an average of 610,000 metric tonnes but with Internal demand of only 1.5million metric tonnes . ” Who will buy these additional products , our milk , cement , sugar ? That is why we need East Africa and Africa” Museveni asked. Thus, according to Allan Ssendyowa – Director for...
Posted On 14 Jun 2024
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