Angola: Angela Braganca Asserted Tourism will Leverage Financial Status of Angola

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- ANGOLA, Construction of  touristy with particularity to infrastructures may certainly uplift the national economy diversification process, according to the Minister of Tourism – Ângela Bragança. The minister emphasized that, tourism will play a vital role on the development of the Angolan economy, thus, the plenty potentiality to translate the country’s dream into realities via the Tourism Industry – with special partnerships and participations of foreign investors. The Minister added that, Angolans are dire need to see the participation of tourism in the national economy diversification process and creation of new jobs, hence the need for well structured actions linked to sanitation and improvement...

US$ 3.3 Trillion Worth of ‘Africa’s Free Trade Area

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- NIGERIA, Akinwumi Adesina – President of the African Development Bank, has declared that, the biggest thing to happen to Africa is the African Continental Free Trade Area (AfCFTA), saying the free trade area itself is worth over 3.3 trillion dollars. The Bank’s President made the disclosure when addressing State House correspondents in Abuja on 2nd January, 2020 expressed hope that the effective implementation of AfCFTA would take the continent to a greater height. By extension , he nod to concoction for the creation of a single currency by the Economic Community of West African States (ECOWAS), named ‘ECO’, describing it as a great idea. “Obviously being able to trade in various...

IMF: Expends $23.4 Million to Liberia as a Primary Tranche of IMF’s External Credit Facility

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- LIBERIA, first installment of approved US$ 213.6 million. International Monetary Fund has paid from there treasury to the Government of Liberia $23.4 million, punctuating the first installment of confirmed $ 213.6 million of the Fund’s support which was agreed with Liberia in December of 2019 subject to IMF External Credit Facility. In line with the Ministry of Information, Cultural Affairs and Tourism (MICAT), the payment which has since been received by the government, indicates that Liberia has met prior conditions and standards. And is on course to meeting other conditions upon which further disbursements are based. Withcall on11 December, 2019; IMF’s Executive Board disclosed the ratification of...

Ethiopia- China: Links Evidenced more Realizations in 2020

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- ETHIOPIA, Emphasizing laudable accomplishments in Ethiopia-China relations in the year 2019, including the cooperation on successful launch of Ethiopia’s first ever remote sensing satellite, dubbed ETRSS-1, in December of 2019, the Tan Jian – Chinese Ambassador to Ethiopia stated, 2020 would be historic, whereby the two countries elevate the ties to a higher level, with realization of more achievements in different projects. Tan Jian intimating the press on 27th December 2019 in Addis Ababa where he made mention of the achievements inclusive; politics, economic, capacity building, health, education and hi-tech areas. “Driven by the momentum gathered from the Forum on China Africa Cooperation...