$15 Billion: Lagos-Abidjan Corridor Highway Development Project has been Ratified by the Heads of Member States of the ECOWAS in Lagos

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The enviable infrastructure concept will correlate five West African nations— Côte d’Ivoire, Ghana, Togo, Benin Republic, and Nigeria—via a 1,068-kilometer highway that will connect eight border towns, starting in Lagos and ending in Abidjan. Chaired by Nigeria’s Minister of Works – Dave Umahi, the meeting was centered on projecting it towards its procurement phase, with construction anticipated to commence in 2025. The Minister remarked that, the project has been in development for 11 years, receiving vital assistance from the African Development Bank. “Today, we aim to finalize the design and set procurement goals for our next meeting,” Umahi said. “The design of the project, ESIA design,...
Posted On 04 Oct 2024
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Minister of Foreign Affairs Sara Beysolow Nyanti in Alliance: With Sierra Leone, Ivory Coast, and Guinea Autographed Morocco’s Roadmap of Cooperation for the period 2024-2026

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– This consensus establishes on a firm foundation of partnership and enlists crucial areas of attention for continued partnership between all nations. The pact, which covers the 2025-2027 period, was initiated by Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Nasser Bourita, and his peers Kacou Houaja Leon Adom (Côte d’Ivoire), Morissanda Kouyate (Guinea), Sara Beysolow Nyanti (Liberia) and Musa Timothy Kabba (Sierra Leone). Signed on the sidelines of the 79th session of the UN General Assembly, the roadmap directs to education and vocational training, technical cooperation in priority sectors and the field of security, economic and investment promotion, as well as financial...
Posted On 03 Oct 2024
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$129 Million Investment: By the African Development Bank (AfDB) to Support Young Entrepreneurs in Agribusiness in Tanzania

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA- The Board of Directors of the African Development Bank Group has approved a $129.71 million loan to Tanzania for the implementation of a youth-focused agribusiness programme. The loan will fund the first phase of the “Building a Better Tomorrow: Youth Initiatives for Agribusiness” program, which aims to create business opportunities and jobs for young people in key agricultural sectors. The total cost of the project is estimated at $241.27 million. In addition to the Bank’s loan, which covers 53,76 percent of the cost, the funding package includes grants of $1.15 million from the Korea-Africa Economic Cooperation (KOAFEC) Trust Fund and $210,000 from tropical vegetable seed firm East-West Seed. The Tanzanian government...
Posted On 02 Oct 2024
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The 2024 Diaspora Trade and Investment Summit: In Minneapolis in the US Minnesota bolted hard as 4 Kenya MPs were prevented from attending the event

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone–  The event organized by the Association of Kenyan Diaspora Organizations, Inc., slates to bolster relations between entrepreneurs, investors, government officials, and industry experts to explore trade and investment alternatives within the diaspora community. According to a message sent to the organizing committee’s Chairman, four members of parliament—Richard Momoima Onyonka, Okiya Omutatah, Carren Nyamu, and Dr. Manduku are unable to travel to the United States. Diverse reasons have been referenced, encircling withheld passports and lack of executive clearance. The sole guest who has managed to travel is Senior Counsel Pheroze Nowrojee who is slated to deliver the keynote address. Current events...
Posted On 01 Oct 2024
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