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By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The duo agreed on the MoU on past Tuesday on the circumstance of the ongoing 7th Cairo Water Week in Egypt. Joseph Utsev – Nigeria’s Minister of Water Resources, and Hani Sewilam, his counterpart from Egypt, autographed the pact. The MoU schedules to bolster alliance between the two nations in embracing, developing, and managing water resources to foster their citizens. It same plans to accelerate irrigation infrastructure maintenance as well as innovative mechanical and biological methods for controlling aquatic weeds. The consensus equally addresses flood management, drought forecasting, the advancement of water harvesting technologies, and technical assistance in groundwater management. The MoU will...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The disclosure ensues six months after the lift-off of the primary round of offshore oil and gas exploration blocks, which were divulged by the President of Zanzibar, Dr. Hussein Mwinyi. The Minister for Blue Economy and Fisheries, Shaaban Ali Othman, remarked in a statement on September 27th, 2024 that the current blocks were established from the Pemba-Zanzibar block, which was disembarked to the administration after the license held by a United Arab Emirates (UAE) oil and gas company Rakgas expired. “The former Pemba-Zanzibar block has been divided into two: Zanzibar Block 1, covering 6,572 square kilometers, and Zanzibar Block 2, covering 6,242 square kilometers,” the Minister noted in the statement. He...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– This thrilling event will have in attendance CEOs and investors from the local and global investing communities. The summit will be concentrating on ways to enable financial advancement, competitiveness and stability. This summit is organized by the Nigerian Economic Summit Group yearly. “The summit will emphasize the importance of achieving Africa’s aspirations in a new global context through bold ideas and actions, supported by strong leadership at the industry, national, regional and global levels,” NESG noted. The theme for this year’s summit is “Collaborative Action for Growth, Competitiveness and Stability”. Panel discussions will gear towards on topical issues encompassing regulatory reforms for...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA- Ghana unveiled the 1st Phase of the Green Finance Taxonomy at the 2024 Annual SDGs Investment Fair. This event served as the landmark to align the country’s financial investments with sustainable development and climate resilience. The Green Taxonomy is to serve as framework that will guide public and private sector investments towards projects that foster low-carbon growth and help the country meet its climate action commitments under the Paris Agreement. The event, themed “Unlocking Green Growth: Financing the Future through Sustainable Investments,” brought together key stakeholders from the financial sector, government agencies, and international partners to explore how Ghana’s new taxonomy can accelerate the transition...