Established by the Value Chain Foundation Subsidized: By ECOWAS and the Swiss Cooperation a drilling Diary Cooperative Group…for Kaduna State Nigeria

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– A concepts that pegged to provide employment chances for youth via improved dairy and fodder production, specifically by enabling local milk production through the establishment of family dairy farms and the management of cows and calves, increasing the availability and accessibility of feed and forage, and facilitating knowledge sharing amongst dairy farmers and stakeholders. This is a project that is part of the Regional Program for Support to Farmer Organizations (PRAOP). Meeting the threshold of its implementation, the project is anticipated to establish 22 direct jobs, produce 400 tons of fodder, train 600 youths from 100 households and 10 young individuals, connect 100 households to inputs and services...
Posted On 20 May 2024
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Invest in African (IAE) 2024 Forum: Unfolds Alternatives in unlocking Financing for Renewable Energy Projects in the Landmass

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Held in Paris on May 14th, 2024 Africa’s solar power aptitude exemplifies myriads of chances for investors seeking long-term, scalable financial hopes. It encircled independent power producer ENGIE Energy Access, featured a robust discussion around solar energy deployment. Committed to raising electrification rates across the continent, the company is developing a $60 million mini-grid project in Nigeria, which is set for completion by 2026 and is poised to connect over 150,000 people to the grid. “More than 600 million people lack access to electricity, and ENGIE Access’ goal is to bridge this gap,” noted ENGIE Energy Access Head of Funding Marie Testard, adding, “ENGIE Energy Access is the energy access...
Posted On 18 May 2024
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Rwanda: Receives Support From the African Development Bank (AfDB) to Finance Green and Social Initiatives

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA- The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, has approved a partial credit guarantee to support Rwanda’s mobilisation of financing to implement green and social initiatives. The Partial credit guarantee for mobilisation of sustainable financing for Rwanda project will enable the country to raise up to €200 million competitively from international commercial banks, diversifying its funding sources. It will allocate the proceeds to eligible renewable energy, climate adaptation and mitigation, disaster risk reduction and management, biodiversity conservation, energy efficiency, forestry, food security, health and wellbeing, affordable housing, and...
Posted On 17 May 2024
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The “Africa Road Builders”: Honored Two President in Africa Teodoro Obiang Nguema Mbasogo and Denis Sassou-Nguesso for their Notable Achievements in Road Infrastructure

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The “Africa Road Builders” Selection Committee met in Dubai in the United Arab Emirates and awarded the Babacar Ndiaye Prize 2024 to the Presidents of Equatorial Guinea and of the Republic of Congo, Téodoro Obiang Nguema Mbasogo and Denis Sassou-Nguesso. Marshalling the blueprints of the head of state of Madagascar – Andry Rajoelina, who won the prize last year (2023). President Obiang Nguema was awarded the prize “for his remarkable achievements in improving the road infrastructure in his country”, according to the Africa Road Builders press release. Republic of Congo President, Denis Sassou-Nguesso, was selected “in recognition of his commitment to the development of road infrastructure”. In...
Posted On 16 May 2024
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