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By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- AFRICA is readily available to lead the world’s cleanest economic revolution by using renewable energy sources to power a mahoosive spread of urbanization. The IEA envisages solar energy will play a big role in supporting the continent’s growing population and industrialization over the next twenty years. Africa has less than half the solar power installations seen in the UK, despite the sunnier conditions, apparently IEA is assuring a solar boom in countries across the continent, which could give hundreds of millions of homes electricity for the first time. The report foretells that Africa’s appetency for energy will grow at double the rate of the global average in the coming decades as the continent overtakes...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- CAMEROON’s exhaustive plan to tap into a 1.2 billion people Africa-wide market and a more than $ 2.5 trillion continental GDP, in the arrival of the African Continental Free Trade Area (AfCFTA), will come under review from 11th -15th November, this year in back and forth sessions in Douala and Yaounde. Months, aftter assembling together a draft national AfCFTA strategy, authorities of the Cameroon’s Economy and Trade Ministries, officials of the UN Economic Commission for Africa (ECA), a diverse group of policy makers and experts would scrutinize the draft document and combine it for its effective implementation. While a consultation with the private sector in country’s main business hub...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- The OPEC Fund for International Development (the OPEC Fund) is chip in more than $ 13 million to a $ 53 million funding package that will aid the construction of a landmark hydroelectric plant in central Nepal. IFC – a member of the World Bank Group is the group that arranges for the debt package, which includes eight other lenders. And is one of the largest Foreign Direct Investments in Nepal’s history. This will serve as an increment to Nepal’s electricity supply by one-third from today’s levels and provide clean, reliable power to some nine million people. The funding is being prepared to Nepal’s privately-owned Water and Energy Development Company. The firm will develop and operate a 216 MW, run of the...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- KENYAN President Uhuru Kenyatta was treated with a great respect and deference during the American Chamber of Commerce (AmCham) 2019 Business Summit held at United Nations Complex in Gigiri. In a videotaped shared by AmCham , an official of the summit presenting Uhuru with the award; details that, the Southern nation’s president – Uhuru Kenyatta paradigm regional diplomatic and economic leadership in Africaenthra, enthralled the US organization – AmCham on 4th November, this year the awe of recognition for the head of state. “The award recognizes Uhuru Kenyatta as the Champion of free enterprise on behalf of the Kenyan business workers since taking office in 2013,” an official in the summit...