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By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone–The Minister beckoned for the establishment of Regional Funds to draw financial resources for infrastructure development to navigate intra-Africa trade, and enable to ameliorate the crystal financial battles on the Landmass. He emphasized that, Ghana had enough resources, bemoaned the rate at which some other nations saved money in international financial institutions, depriving the continent of desired funds for development. “Some of our African countries are holding our reserves in international banks; Ghana’s Petroleum Holding Funds are invested in US bonds, Nigeria is keeping their oil money in foreign accounts, but why?” he quizzed. “We need to create regional Funds, so that beyond the African...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone–The Coca-Cola Company and it’s accepted bottler Coca-Cola Beverages Africa, disclosed its schedules to advance its ventures in Kenya over $175 million during the following five years. “The Coca-Cola system has been an integral part of Kenya’s landscape for more than 75 years. Today, we are excited to announce our intention to strengthen this legacy through a substantial investment,” Sunil Gupta – CEO of Coca-Cola Beverages Africa stated on 22 May 2024, while hosting Kenyan President William Ruto at The Coca-Cola Company’s headquarters in Atlanta- Georgia USA. “This investment is aimed at accelerating the Coca-Cola system’s capacity and capability expansion over the next five years. Our decision to...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA-  Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been announced as the Best Regional Bank – West Africa at the prestigious African Banker Awards 2024. The annual African Banker Awards, organised by the African Banker Magazine, took place at the JW Marriott Hotel in Nairobi, Kenya, on the sidelines of the African Development Bank Annual Meetings. The ceremony was attended by over 300 of the continent’s leading figures in banking and finance and UBA being recognised as the Best Regional Bank – West Africa, marks a significant milestone especially as the bank celebrates 75 years of delivering on its promises, solidifying its legacy as Africa’s Global Bank. While receiving the awards on behalf of the bank, the...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone–In his statement, the Deputy Minister of Agriculture noted, the administration of Tanzania was fostering diverse concepts to entice cassava customers from across the globe, encircling putting up trusted infrastructures as well as organizing forums regarding the cassava business. “In implementing this, the ministry is continuing with the preparations for the construction of a major cassava market in Kahama District as well as infrastructures for drying cassava in Kigoma Region in efforts to develop the product,’’ he said. The Minister furthered, the government was similarly bolstering campaigns in the cassava business value chain including luring growers and traders to join the Tanzania Cassava Producers and...