AFRICA: Eight West African Countries & the CFA Franc

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...

The 5th Edition of Made in Rwanda Brand Exhibition: Attracts 500 Exhibitors from Different Sectors

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- RWANDA, Fortnight exhibition of locally made products and services, have got another chances to promote local firms by offering them a platform to interact with local buyers and potential buyers and other partners across the country, according to Theoneste  Ntagengerwa; the Spokesperson of Private Federation (PSF), the main organizers. Closest to 500 exhibitors from diverse sectors including construction, agriculture, and electronics; will demonstrate their products and services at the exhibition that will be held at the Gikondo Expo Grounds starting from November 21 to December 4. Potential buyers can choose from a wide range of Rwandan products being showcased such as furniture, sanitary ware, foodstuffs, home...

Dangote Industries Limited: Signed $60 Million deal to Construct a Cement Factory

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- The foundation of a cement manufacturing plant, with an annual capacity of 1.5 million tonnes in Lome, is anticipated to meet both local and neighboring countries’ demand, the release noted. This plant will use clinker from Togo and Nigeria. The erection of the Lome Plant is billed to start it first quarter of 2020, its commissioning is scheduled to take place before the end of 2020. The investment roughly calculated at $60 million is hoped to create 500 direct jobs. This marks Dangote’s first thrutched into Togo, setting billionaire Aliko Dangote’s firm up for competition against Germany’s Heidelberg Cement, which operates three companies there, and Fortia Cement. With the completion and commissioning of the...

NGOs- Arrest Cost of Managing Solid Waste in Ghana

BY ANIN AGYEI- NEW AFRICA DAILY  NEWS, Accra, Ghana- THE ENVIRONMENTAL Service Providers Association (ESPA) and the Coalition of non-government organization’s (NGO) in Water and Sanitation (CONIWAS) is calling on the government of Ghana to immediately arrest the low charges allotted to service providers in managing solid waste. Currently, Ghana charges an average cost of less than 10 USD in managing a tonne of municipal solid waste. This charge is comparatively lower than the World Bank recommended fee of 30 USD for managing a tonne of waste. The two organizations in a joint press statement to announce the coming together of ESPA and CONIWAS as one mouthpiece to ensure pro-poor environmental service delivery for all citizens demanded of government to arrest this cost deficit for...