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By Abdul Rahman Suagibu –     NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- The Economic Community for West African Sate (ECOWAS) has adopted a single currency named ‘ECO’ which it plans to launch in January 2020. Eco was approved on Saturday 29th June, 2019 in Abuja in a meeting of the fifteen member countries organizations. Discussed for thirty years, this single currency between the fifteen countries that make up the ECOWAS – eight of which use the CFA franc, fastened to the euro according to a fixed parity guaranteed by France former colonial master of the region is seen as a gamble risked by many analysts, but would be a strong political symbol. According to media reports, there was “a real firm political will” for the region to hastily achieve the single currency....

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Rwanda has begun issuing the East Africa e passport in conjunction with Rwanda’s allegiance to popularize regional integration as envisioned by East African Community (EAC) partner state, an immigration official announced on Friday, 28th June, 2019. “Rwandans can now start applying for the common east Africa e passport. Starting from today, Directorate General Immigration and Emigration will start issuing EAC e passport”, said Francois Regis Gatarayiha, Director General of Directorate General of Immigration and Emigration, at a press conference at the institution’s Head Office in Kigali the capital city of Rwanda. The e passport is encapsulated with an electronic chip which will have bio data and biometric...

BY YESMAN ANTOH-   NEW AFRICA DAILY NEWS, Accra, Ghana- THE DIRECTOR of Diaspora Affairs at the Presidency, Akwasi Awua-Ababio has said Ghana’s diaspora celebration and homecoming summit is expected to lure investors who will help the state realize the Ghana Beyond Aid vision. Speaking to the media at his office at the Jubilee House, Awua-Ababio share his optimism about the enormous impact the celebration and summit would have on the country’s Gross Domestic Product. According to the office of the Diaspora Affairs at the presidency, government intends to reduce the cost of remittances by some 9% in the coming years. The move is part of efforts at attracting more remittances from abroad to fuel economic growth. He said the global average cost of sending $200 remained high, at...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Richelieu Dennis United States based Liberian billionaire who doubles as owner of ESSENCE and Sundial Brands will host Essence’s 25th anniversary festival from July 4-7 2019 in New Orleans, Louisiana, USA. Erstwhile President of Liberia Ellen Johnson Sirleaf will depart the on the 28 of June to deliver the keynote address at the festival’s Global Black Economic Forum. Previous major speakers at the festival have incorporated former US President Barack Obama, US TV Mogul Oprah Winfrey, former US Secretary of State Hillary Clinton, Hollywood Star Halle Berry and Bishop TD Jakes, among others. This year’s guests list will include former President Sirleaf and Ghanaian President Nana Addo Dankwa...