$30 million Equity Ventures: To Finance Works on infrastructure Guaranteed Kenya amongst 6 Nation’s in the Continent incorporated by International Finance Corporation

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- This would enhance projects in the telecoms, renewable energy, and transport sectors across the Landmass, but with sharp attention on Côte d’Ivoire, Egypt, Kenya, Morocco, Senegal, and South Africa. The finance is handled by Africa Infrastructure Investment Managers (AIIM); which is a fraction of the Old Mutual Group. The fund will subsidize data centers, fiber networks, and communications towers in the telecoms sector. And in the energy sector, utility-scale renewable energy platforms and commercial and industrial projects are targeted. In the transport infrastructure sector, the fund will give premium on investments in mobility and logistics, bulk-handling infrastructure, and temperature-controlled...
Posted On 19 Jan 2024
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African Energy Chamber: Appointed Tony B. Moyo as Director

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Tony will be steering diverse angles at the chamber encompassing the management of key stakeholder relationships with the objectives of lifting and elevating the chamber’s footprint across the energy industry. As the nation’s strived to find the ideal path to transition, it has evolved rapidly that, this could only be done in alliance with all key stakeholders, particularly traditional energy suppliers who will be at the forefront of developing decarbonizing technologies. The African Energy Chamber will endure to champion and promote in investments across the Landmass in African energies, especially gas, which has stricken to be a critical driver for growth. As such, Tony will enhance a major role in...
Posted On 18 Jan 2024
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Uganda: District of Kikuube over 300 Small-Scale Growers to receive Solar Irrigation Systems through the Uganda Intergovernmental Fiscal Transfer programme

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- In a bid to enable Kikuubu District to situate to climate variations, official the district has an acute variation in rainfall distribution, primarily due to differences in the landscape. The landscape ranges from the low-lying Rift Valley floor to the rift escarpment, and the raised hill ranges. “The district receives a bimodal rainfall pattern with totals ranging from about 800mm in the Lake Albert flat rising rapidly the further away east above the escarpment to between 1,250-1,500mm per annum before tapering off to 1,000mm in the eastern border areas of the district. “The peak periods are between March-May and September to December. However, the rainfall pattern has become more erratic and less...
Posted On 17 Jan 2024
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$1 Billion: Expended by Cote d’Ivoire’s to organize the ongoing AFCON Competition Cote d’Ivoire’s Ambassador to Nigeria Kalilou Traore divulged

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Ambassador made this disclosure during a formal unveiling of the ‘AFCON Village’ on Saturday night in Abuja, saying the AFCON village was established in alliance with Continental Hotels. He noted, the facility will transmit live matches till the end of the tournament, which kicked off in Cote d’Ivoire with 24 countries seeking for the continent’s most coveted football trophy on Feb. 11th, 2024. “The government of Côte d’Ivoire has spent more than US$1 billion to organize it. Most of the investment were designed to solve logistics issues like transportation, hotels, security and many others. “Right now, I was in touch with many people in Abidjan and they were saying that life is so good now in Abidja...
Posted On 16 Jan 2024
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