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By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- ETHIOPIA  AND GERMANY have approved to make more poignant partnership between the two countries and have unimpeded a newest chapter in their meeting between the duo. Ahmed Shide – Ethiopia’s Minister of Finance and Dr. Gerd Mueller – Minister for Economic Cooperation and Development of Germany approved a joint Letter of Intent in the presence of Prime Minister Abiy Ahmed. The Letter of Intent lays the foundation of the newest reform partnership between Germany and Ethiopia according to the statement. Precisely, Germany will support Ethiopia’s reform agenda by contributing to the World Bank’s Growth and Competitiveness Program (Development Policy Operation – DPO) the goals which are reflective with the central...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown. SIERRA LEONE, in a bid to realize food sufficiency, food security, economic growth and self – reliance in Sierra Leone, the EMF president Sfano Njawa Sesay has got the attention of noteworthy persons and organizations to help his group to gain massive investments in the Agricultural sector in Sierra Leone. Sfano Njawa Sesay – the EMF President attracted the attention of the former First Lady of the Republic of Sierra Leone – Isha Kabbah, the widow of the late President Ahmad Tejan Kabbah under the Sierra Leone People’s Party (SLPP) government, to her Freetown office at Albert Street, off Circular Road. Isha Kabbah – the Executive Head of Ahmad Tejan Kabbah Foundation, help discussions over plans to help attract massive...

BY ANIN AGYEI- NEW AFRICA DAILY  NEWS, Accra- GHANA, PUBLIC Utility Regulatory Commission (PURC) of Ghana has meet with it stakeholders in Takoradi on its 2019/2020 major tariff decision. The stakeholders engagement is aimed at exposing the public to the approved tariffs agreed upon by the commission and utility providers such as the Ghana Water and the Electricity company. A Senior Manager in charge of Regulatory Economic, Mr. Robert Saka Addo, told the stakeholders that understanding the underpinning issues of the 2019/2020 electricity and Water tariffs was critical in finding a way forward. Mr. Addo said the engagement will also create a platform for key stakeholders to understand the processes and factors leading to a tariff decision. He said tariffs decision over the years had...

By Abdul Rahman Suagibu – NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- MOZAMBIQUE, African Development Bank Group (AfDB) through its Board of Directors has confirmed a long-term Senior Loan of $400 million to support the building of an integrated Liquefied Natural Gas (LNG) plant; including a liquefaction facility in Mozambique. The Mozambique LNG Area 1 Project is ranked as Africa’s single largest Foreign Direct Investment to date, comprises a global team of energy developers and operators led by Total alongside Mitsui, Oil India, ONGC Videsh Limited, Bharat Petroleum, PTT Exploration, and Mozambique’s National Oil and Gas Company ENH. The AfDB’s beweds a global syndicate of commercial banks, development finance institutions, and export credit agencies, to jointly provide...