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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Divulged through an authorized testimony endorsed by the Company Secretary – Uto Ukpanah to Nigeria Exchange Limited. Commercial document cites to a short-term, unsecured debt commitment that is published by financial institutions and large corporations as a variety to expensive procedures of funding. It is a money market instrument that commonly arrives with an adultness of up to 270 days. The desire for saleable paper frequently occurs due to corporations facing a short-term desire to cover expenditures. MTNN informed the Nigerian Exchange and the investing public of the thriving culmination of its Series Six seven Commercial Paper issuance under its upsized N250 billion Commercial Paper Issuance...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Builds a portion of the Emergency Food Production Project led by the African Development Bank. On the whole, the system intends to deliver local growers with 80 tonnes of fertilizer, 85 tonnes of certified rice seed, and 20 tonnes of certified maize seeds. Guinean Minister of Agriculture and Livestock Farming -, Mamoudou Nagnalen Barry, joined by the Bank’s Country Manager for Guinea, Léandre Bassolé, and local authorities from Kindia and Forécariah areas, received the supplies at a ceremony attended by representatives from several agrarian groups. “We would like to express our gratitude to the African Development Bank Group for supporting Guinea’s development efforts, particularly the agricultural sector,”...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The alliance characterizes Octopus Energy’s foremost motion into renewables in Africa. The group’s green energy projects are slated for fifteen nations worth over £6 billion Sherbro Alliance Partners is an infrastructure development firm co-founded by award-winning actor – Idris Elba and Siaka Stevens – the grandson of the former President of Sierra Leone. Up to five wind turbines and 6 billion solar panels with batteries will generate clean electricity for local communities in Sierra Leone, where SAP and Octopus likewise are scheduled to open new offices. Merely 28% of Sierra Leone´s denizens are calculated to have access to electricity. Sierra Co-founder is targeting 85% renewable electricity...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NABN) Accra GHANA- Rwanda launched a factory with an annual capacity to blend 100,000 tonnes of fertilizers, thanks to Rwanda Fertilizer Company (RFC), a joint venture between OCP Africa a Moroccan fertilizers manufacturing firm and the Government of Rwanda. Following the State Visit of King Mohammed VI of Morocco in Rwanda in October 2016, MoUs were signed for strengthening cooperation in various areas of economic development, including establishment of a fertilizer blending plant in Rwanda. It is against this background that a fertilizer blending plant has been under construction in Bugesera Special Economic Zone. Rwanda and Morocco committed to a joint investment of USD 19,209,615 for establishment of this fertilizer plant, under Rwanda...