$2.8 Million has been Vitally signed: By Grid Africa as an Equity Investment from Rifuwo Energy Partners

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone–Grid Africa is ventured to strengthening solar energy solutions slated at mitigating the rising costs as grid electricity evolves expensive across the African continent. Currently, Eskom declared a 36% surge in tariffs to NERSA brandishing a substantial rise in overall energy costs, which is anticipated to particularly impact business customers. According to Norman Moyo – CEO of Grid Africa, “The recent changes in energy security in South Africa present a unique opportunity for businesses to deploy more solar energy projects, providing a buffer against escalating energy prices. With decreasing costs in solar technology and lithium batteries, we can further enhance energy efficiencies and enable peak...
Posted On 25 Oct 2024
, By

The Elected African Table Tennis Federation Executive Council: Agreed on a Memorandum of Understanding with Ethiopian Airlines

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– During an event at the airline’s headquarters, the ATTF delegation, stirred by President Wahid Enitan Oshodi, were received by Ethiopian Airlines representatives Firiehiwot Mekonnen, Head of ET-Holidays, and Mary Legesse, Senior Sales Manager of ET-Holidays. Oshodi expressly noted his salutations to the airline’s management for their assistance of the 2024 ITTF Africa Senior Championships, which was held at the Ethiopian Sports Academy in Addis Ababa. “We want to express our sincere appreciation to the management of Ethiopian Airlines for their support of the 2024 Africa Senior Championships,” he noted. “We don’t take this for granted, and that is why we want to extend our partnership with the Pride of...
Posted On 24 Oct 2024
, By

12.8 Trillion CFA francs ($21 billion): To be Expended Senegal towards Development over the coming Five Years

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Apparently, this slates to bring another 5.7 trillion CFA francs in private investment, a draft government plan illustrates. Public investment in education, energy infrastructure and a range of other projects is seen increasing by an average of 14.7% yearly between 2025 and 2029, according to the plan, which was shared by the Finance Ministry. The document is however, a work in progress and could still have a paradigm shift, according to a presidency official. The plan is being established by the new administration of President Bassirou Diomaye Faye, who took office in April and has pledged to curb high levels of poverty and unemployment. It states that, a lack of transparency and bad management of public...
Posted On 23 Oct 2024
, By

$3 Million: To be Subsidized by FAO and Global Environment Fund to Angola to Expend on Aquaculture Projects in the Northern Region of Angola

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- This disclosure was made on Thursday, October 17th, 2024 in the province of Uíge, by the Director General of the Institute of Artisanal Fisheries and Community Aquaculture (IPA) – Miguel Cabral, on courtesy call by FAO and FGA technicians to aquaculture projects in Negage municipality. He remarked that, the amount will be utilized to train agriculturists, as well as to acquire resources to elevate tilapia production in the Angola’s two provinces. “The project will last five years and will begin to be implemented from 2025,” he revealed. During their visit in the province of Uíge, the FAO delegation visited the aquaculture projects of the Mussage and Coiceias farms, in the municipality...
Posted On 22 Oct 2024
, By