Blog Medium Without Sidebar

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone-  LIBERIA, Group of delegates from the business sector in Ivory Coast, visiting Liberia has shown interest in invest in agriculture, construction, transportation as part of efforts to strengthen the partnership between businesses of two sisterly countries in the Mano River Union. Ahmed Cisse, Vice President of the Confederation Generale des Enterprises De cote D’Ivoire noted, “Agriculture is the number one. There are lots we can do in agriculture because Liberia has the same soil as cote D’ ivories. We also believe in the construction business. On our side, there are firms that are going to welcome that. And we got some of the people in Cote D’ Ivoire that are interested in the transportation business. I...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- AFRICA desire incorporating all current and previous data up to the present Investment of 2.6 trillion between 2019 and 2040 to intersect rising energy demand and provide more accessible facilities to citizens as the continent’s population expands, according to reports. In its Africa Energy outlook 2019 report, the international Energy Agency (IEA) said Africa was experiencing the fastest progression of urbanization the world over, and that its overall population was projected to expand by 600 Million before 2040, accounting for half of the global increase. These paradigm shift it said, would shoot up the continent’s economic growth, infrastructure development and consequently, energy demand; which was predicted...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- African Development Bank (AfDB), Credit Suisse AG, the Industrial and Commercial Bank of China Limited and Ghana Cocoa Board (COCOBOD) last Tuesday  a $600 million receivables backed term loan to boost cocoa productivity in Ghana, approved the world’s second transacted largest Cocoa producer. Nigerian Cocoa farmers and other farmers of the cash crop from the far side of West Africa, would be helped by the bank to elevate the cocoa value chain, according to AfDB President Dr. Akinwumi Adesina who spoke in Johannesburg after the signing of the facility. Ghanaian President Nana Addo Dankwa Akufo-Addo, Dr. Adesina, senior officials from credit Suisse and ICBC, oversaw the signing of the facility, at a ceremony held...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- SENEGAL, eight West African countries to Abjure their currency reserves from the French Central Bank, this has beflood considerably in the African continent; which some school’s of taught envisage the move having implications on the French economy is fraughted with political ramifications. In addendum, the move also comes with the decision to substitute the CFA franc – the euro-linked currency used in fourteen West and Central African countries – with new common West African currency, named ECO. Precisely, these eight West African countries which include, Benin, Togo, Burkina Faso, Mali, Senegal, Ivory Coast, Niger and Guinea Bissau had gained independence years ago, they continued to vest their foreign...