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By Abdul Rahman Suagibu –     NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- As record has it, China has many lessons for African nations, in how it has alleviated over 850 million people out of poverty over the last forty years, partly by expanding infrastructure rapidly with a focus on roads, ports and factories. Though China has had a relationship with Africa, that goes back some 2,000 years through to the Cold War era; it is in the last two decades its presence has grown significantly in every way: economically, geo – strategically, culturally and much more. There are million Chinese workers spread across the Africa continent. In that twenty years period, China has grown to become the biggest and most influential foreign player on the continent, something that has become...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Kenya exported its first ever batch of crude oil on Monday, with President Uhuru Kenyatta declaring the shipment of 200,000 barrels a “special moment” in the country’s history. The President released the Kenyan flag athwart a tanker at the Indian Ocean Port of Mombasa that will be carrying the oil to Asia. “There are special moments that mark a turning point in the destiny of our nation”, Kenyatta said at the ceremony. The first shipment was purchased for $ 12 million by Chinese trading company ChemChina for export to Malaysia. Kenyatta noted, the first attempt at finding oil in Kenya was in 1937. It was not until 2012, that a commercially possible deposit was located. This field was discovered in the South...

By Brian Moses MBowe- NEW AFRICA DAILY NEWS, Denver, Colorado- 45th annual gathering of G7 Nations Leaders of United States, Canada, United Kingdom, Japan, Italy, with representation  jointly by the European Council and the President of the European Commission, will participates in all discussions as a guest, gathered in French coastal town of Biarritz, Saturday August 25 through Monday August 16. These World powers represent about 50% of the global economy and collective ambition to deal with the world’s major issues. Saturday French President Emmanuel Macron and United States President Donald Trump had a private lunch before the start of the summit. The three day summit is taking place against escalating trade war between United States and Republic of China. Global concern...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Dr. Akinwimi Adesina President of the African Development Bank said, (AfDB) current portfolio size of Tanzania has reached $2.1 billion (more than $4.8 trillion) of which 75% is directed to infrastructure financing. The Bank’s President attended the just concluded 39th Southern Africa Development Community (SADC) Summit, where President John Magufuli authenticated the community’s chairmanship informed the press in an interview over the weekend that, the bank’s infrastructure financing, sanitation and projects are good for regional integration. “Tanzania has economic goods which depends very much on reliable and efficient infrastructure and for us as a bank, it is an area of great interest that will spur the...