West Africa: To Forlet CFA Franc and take by Choice Single Currency – the ECO

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- Eight West African countries have yielded assent to replace the name of their common currency to the ECO officially scissoring ties with the CFA Franc. The CFA Franc, linked to erewhile colonial ruler France has always been condemned for its representation of neo-colonialism. From 1945, the CFA Franc has been the currency been utilized by French colonies, and the usage of the currency continued after independence. Reports portend that, the ECO will still be a fixed exchange rate to the Euro but the rule that member states keep 50% of reserves with French treasury will be removed, the French representative on the board of regional central bank will be removed, giving autonomy to the body. Commenting on the...

ONE Africa Award: Applications here and now open for the $100 000

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- Applications for the ONE Africa Award are now open. The clarion call for applications will juggle a pattern continuously from 21 November 2019 and close on 31 January 2020. Africa-led, Africa-driven organizations have the opportunity to submit their applications for consideration for the Award. The Award honors outstanding contributions by African based organizations leading the fight against poverty and preventable disease on the continent. Since it’s now in the eleventh edition, The ONE Africa Award fetes African efforts aimed at achieving the Sustainable Development Goals (SDGs), the world’s road map for a better future. SDG targets range from dichotomizing poverty to freeze the spread of HIV/AIDS and...

Tanzania: Certainly Acquires US$ 272 Million Loan from African Development Bank for the Construction of a New Airport

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- TANZANIA has confines effectually, $272 million loan from the African Development Bank (AfDB) to construct a new international airport at its administrative capital – Dodoma, part of a program to extend the East African nation’s infrastructure. The airport will be built in Msalato, 12 km (7 miles) from Dodoma. It duration will take four years. The Abidjan-based lender said in a statement late on Thursday, 19th December, 2019. The proposed airport will have a capacity to handle 1 million passengers annually, though the city has a population of just over 2 million people, AfDB stated. In October, the government said it had finished moving all its administrative functions to Dodoma from the commercial capital...

Seychelles Confirms: Air Services Agreements with Zimbabwe and the Dominican Republic

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone-  SEYCHELLES has increase its air transport group of investments autographing two new air services agreements with Zimbabwe and the Dominican Republic. This event was done during the twelfth edition of Air Services Negotiation Conference (ICAN). The annual meeting was arrayed by the International Civil Aviation Organization (ICAO) and was held in Jordan early December, 2019. Ambassador Jean – Claude Adrienn ; who is resident in the United Arab Emirate disclosed that, “Zimbabwe and the Dominican Republic are two countries with whom we enjoy excellent bilateral ties and we believe that the signature would elevate our relationship with these two countries to new heights.” He added that, such agreements will...