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By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Leading digital money transfer service World Remit extends its rapid exploration in Africa by launching a new international mobile money services through a partnership mobile money services with pan- African fintech- MFS Africa. This launch brings World Reunit’s mobile money service to five new countries via Airtel in Malawi and Niger, Orange in Madagascar, Vodacom in Mozambique and MTN in Guinea. World Reunit’s mobile – first digital model saves customers time and money as it entirely shift the need to visit a money transfer agent to send funds home to their loved ones. Using the World Reunit app or website, the Diaspora living in over 50 countries can now send instant low-cost money transfers at any time to 15...

By Abdul Rahman Suagibu –   NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- African leaders pronounced plans for a continent-wide free trade area; a show that explains an important turn around in intra-African economic and trade ties that would yield dividend add economically and that could also to solving the challenges that have restricted these economics. If successful the African continent free Trade Area would create a 55-nation trade bloc and a single unified market for the continents 1.3 billion people and boost economic development in an estimated market of $3.4 trillion. The agreement was reached after from years of burdensome negotiations, to overcome all obstacles, facing the implementation of the agreement. This may complex hurdles that are not easy to overcome....

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- The world’s top diamond producers by output, Alrosa (MCX:ALRS) and the Zimbabwe Consolidated Diamond Company signed a joint venture agreement to redirect diamond deposits in Zimbabwe. According to the terms of the agreement between the state-owned companies; Alrosa will get a 70% controlling state for the development of Greenfield projects, while ZCDC will get the remaining 30%. In the fall of 2019, JV will deeply concentrate on geological exploration of Greenfield deposits. As positive results were realized from the germinal activities; the mines will think to cooperate in diamond mining and independent sale of rough diamonds in external markets. In a media statement, Alrosa and ZCDC said; the joint venture will...

BY YESMAN ANTOH- NEW AFRICA DAILY NEWS, Accra, Ghana- THE OFFICIAL construction of Tanzania’s mega Rufiji hydropower project, which is expected to produce 2,115 megawatts (MW) and promote the country’s socioeconomic growth, will be launched by Tanzanian President John Magufuli this coming Friday, a senior official has said. The Director of the Tanzania Information Services Department and Chief Government Spokesperson, Mr Hassan Abbasi said on Monday that the decision marks a major step of the government to fulfill its commitment of bolstering the energy sector for broader national industrialization as promised during the presidential campaign in 2015. Abbasi said the launch of the 3-billion-U.S.-dollar hydropower project will take place at the Rufiji hydropower project...