South Africa: Electoral Commission Declared May 29th, 2024, the Day for General Elections

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The Election Commission stated, it was ready to deliver its best for the forth coming elections to become successful. “The pronouncement of the election date provides an unambiguous motivation for the Commission to pull out all the stops in the intensification of preparations for Election Day. The announcement comes after successful voter registration campaign which included two general registration weekends, overseas voter registration drive, campus activations and registration within correctional services centers. Following this overall voter registration campaign, the voters’ roll now stands at 27.6 million voters,” the Commission noted. Formation should visit the local municipality office of the...
Posted On 23 Feb 2024
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Africa’s Global Bank: United Bank for Africa been named the Official Sponsor for the 4th Edition of the ECOWAS Mining and Petroleum Forum “ECOMOF 2024”

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Slated…at the Palais des Congrès in Cotonou, Benin Republic from February 22nd, to 24th, 2024. This all-important regional program is anticipated to glare a numerous gathering of key players and real participants in the mining and petroleum sectors of the Economic Community of West African States. UBA is a financial institution with presence in 20 African nations and have an active involvement in major continental development projects, UBA is the preferred partner for the event, underlining the bank’s commitment to the growth of the mining and petroleum industry in the sub-region and Africa’s development. Tony Elumelu – Chairman of the UBA Group give the keynote address during the opening ceremony of...
Posted On 22 Feb 2024
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Egypt schedules to comprise a Paradigm shift away from the US dollar toward Egypt’s Monies…settling Trade with other BRICS Nations

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Utilizing the Egyptian currencies will promote the rising costs of the utilization of foreign currencies as a result of high global inflation, Egypt’s Ministry of Foreign Affairs remarked, referencing Ragy El Etreby – Egypt’s newly appointed Ambassador to BRICS, who equally serves as Assistant Foreign Minister for International and Regional Economic Affairs. The statement exemplifies another move in the direction of de-dollarization being pursued by BRICS, a group of emerging economies that lastly comprised Brazil, Russia, India, China, and South Africa but was extended at the beginning of 2024 to incorporate a retinue of five, Egypt inclusively. Data from 2022 and 2023 represents that...
Posted On 21 Feb 2024
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African Guarantee Fund and FSD Africa Partner: To Support Small and Medium-sized Enterprises

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA- The African Guarantee Fund (AGF), a player in promoting financing of Small and Medium-sized Enterprises (SMEs) across Africa and FSD Africa, a pioneering development agency committed to reshaping Africa’s long-term financial landscape, have signed a strategic Cooperation Agreement aimed at propelling the growth of Green SMEs by providing critical financial support, technical assistance, and capacity building. The Cooperation Agreement outlines a detailed framework collaboration between the organizations in boosting sustainable development in Africa. The main aspects of this partnership involve assisting in the development of financial products for institutions, offering partial credit guarantees for bonds and funds...
Posted On 20 Feb 2024
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