Zambia’s Active Innovators wins: Delta Airlines’ ‘Social Impact Award’ as Company of the year

BY ANIN AGYEI- NEW AFRICA DAILY  NEWS, Accra, Ghana- JUNIOR ACHIEVEMENT (JA) Africa is pleased to announce Active Innovators from Zambia has won the Delta Air Lines Social Impact Award at the 2019 Company of the Year finals. The competition, hosted for the second successive year in Ghana, brought together 44 young entrepreneurs from Botswana, Gabon, Ghana, Kenya, Mauritius, Nigeria, South Africa, Uganda, Zambia and Zimbabwe. Also in attendance were government officials, senior business executives and JA Board Members. Over the past year, students from each country created and ran businesses under the JA Company Programme, JA’s flagship entrepreneurship education program for secondary school students. The students had all won their respective national competition to qualify for the...

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...

African Development Bank: Pledges €20 million to Enhance Private Sector Competitiveness in Cape Verde

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- CAPE VERDE, Board of Directors of the African Development Bank on 16th December, 2019 validated €20 million loan to rejuvenate the private sector’s role in Cape Verde’s economic growth.  This will supplement the second phase of the Private Sector Competitiveness and Local Economic Development Programme (PSC-LED-II).  The programme will extend fiscal 2019 budget support to the government of Cabo Verde as it undertakes reforms to boost domestic productivity and the country’s overall economy. Distinctive developments of PSC-LED-II include promoting the competitiveness environment by means of the relation of a revised commercial companies code, key legislation for judicial insolvency as well as a strategy of...