PEG Africa: Increases it Presence in Western part of Africa

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- PEG Africa, a pay – as – you – go solar company based in West Africa, quite recently increased $ 5 million from ElectriFI in order to continue its expansion in existing markets. PEG Africa finances and unfolds solar energy to SMEs and households in West Africa. PEG Africa, via its PAYG financial model; allows customers to restore their spending on substandard – quality polluting fuels like Kerosene and diesel with solar energy. The company is serving 400,000 daily users in Co’te d’Ivoire, Senegal and Ghana. PEG Africa has expanded into solar water irrigation and larger solar power systems. The funding gained from ElectriFI is positioned junior debt and will be used for growth in PEG’s existing markets. Electri...

Ghana: Kwahu’s Tourism Potential is Huge, KPN Woos Tourist to Visit Kwahu

BY YESMAN ANTOH-   NEW AFRICA DAILY NEWS, Accra, Ghana- TOURISM INVESTORS are being urged to visit Kwahu and explore the untapped tourism potential in the area. “Kwahu features the authentic experience of local culture and traditions and some natural tourist sites such as Waterfall, Caves and several fortresses, given its position as the highest habitable elevation in Ghana.” The President of Kwahu Professionals Network (KPN), Davis Opoku Ansah, made these comments at a press conference organized by the Ghana Tourism Authority to outdoor the ‘Yen Ko Kwahu Festival.’ The event declared the month of September as the tourism month. Speaking at the event, Ansah said, Kwahu’s culture and diversity make it a land of unlimited opportunities with each town having so much to offer...

AfDB Promulgate $ 3.5 Billion to help Africa’s Private Sector Development

By Abdul Rahman Suagibu –   NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- African Development Bank  and Japan on Friday 30th August, 2019 published a joint target of $ 3.5 billion as a subject of the Enhanced Private Sector Assistance for African initiative (EPSA4), during the 7th Tokyo International Conference on African Development (TICAD 7). In a release, AfDB and Japan have set a target of $ 1.75 billion each, from 2020 – 2022, to improve the fourth phase of EPSA to implement private sector led sustainable and inclusive growth in Africa. EPSA has three components, namely: the Accelerated Co-Financing Facility for Africa (ACFA); the Non – Sovereign Loan (NSL) and the Fund for African Private Sector Assistance (FAPA). The FAPA is a Multi – Donor Trust Fund for technical...

Uganda: Launches Campaign for Blood Donation Amid Rising Malaria Cases

BY YESMAN ANTOH- NEW AFRICA DAILY NEWS, Accra, Ghana- Uganda Ministry of Health has launched a three-month blood donation drive following an increase of Anaemia cases due to an upsurge of malaria in the east African country. The minister of State for Primary Healthcare, Joyce Moriku Kaducu while launching the drive said the campaign targets to raise the total units of blood to 50,000 by November. “Currently, there are 25,000 units of blood in the country, this campaign intends to increase the units of blood to 50,000 by November 2019,” said Kaducu. She urged the public to donate blood in a bid to save lives. The number of people treated for malaria in Uganda has soared by 40 percent from 1 million cases to 1.4 million cases from June of 2019, according to the ministry of...