Uganda: To sponsor the Karamoja Region in teaming with the Ministry of Agriculture and the National Agricultural Research Organization (NARO) on a drive to enhance Food Security and Nutrition

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– This drive is to recognize crop types that flourish in the arid environment, offering Karamoja’s growers resilient and productive options. “In Kotido, the primary challenge has been drought. We are conducting trials with cover crops such as Canavalia and observing significant benefits, including increased moisture retention and erosion reduction. In my pilot garden, I use contour banding and micro ponds to capture runoff water during the rainy season, which is then utilized during the dry season. It’s a successful approach,” Benard Obin Eria, an agricultural officer in Kotido remarked. The Director for Research at NARO underscored Uganda’s commitment to addressing food security...
Posted On 09 Nov 2023
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Port Management Association: West & Central Africa and others to promote the AfCFTA Managing Director of Nigeria Ports Authority divulged

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Koko made this disclosure ahead of the event from the 6th to the 9th of November 2023 at the Lagos Continental Hotel, Victoria Island. The event…is slated to be opened by President Bola Ahmed Tinubu and titled: “The Role of Ports in the African Continental Free Trade Area (AfCFTA).” Koko said: “Our confidence in hosting this conference in demonstration of our readiness to provide regional leadership in Port competitiveness is inspired by the uncommon trade facilitation orientation of Mr. President who is already endorsing some of our initiatives for the maximization of our littoral assets under the auspices of the Ministry of Marine and Blue Economy.” The Honorable Minister of Marine and Blue Economy,...
Posted On 08 Nov 2023
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Africa Climate Business Forum: Conveyed 100 participants to strategize ways to meet Africa’s Climate Finance Gap

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Mary Porter Peschka – Regional Director for Eastern Africa at the International Finance Corporation (IFC) which serves as the private sector arm of the World Bank Group, let out Africa requires $190 billion a year between now and 2030 to fund climate change mitigation criteria and another $50 billion yearly by 2050 to finance adaptation measures. “We need to inspire different stakeholders, both local and international, because no institution alone can provide the climate finance Africa needs,” Peschka spoke out. She remarked that the IFC is sponsoring Africa to develop its pool of climate finance through investing in green bonds whose earnings will fund green projects. The Global Director for Climate...
Posted On 07 Nov 2023
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10 Billion birr ($180 Million): Earmarked by State-owned Utility Ethiopian Electric Power (EEP) from electricity exports to Neighboring Nations for this Financial Year from the Country’s Coffers

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Ato Moges Mekonen – Director of Corporate Communications at EEP told Ethiopia’s state media that in the current fiscal year, more than 2,993GW of electricity will be exported to mainly Sudan, Kenya and Djibouti. Across-the-board, in the existing fiscal year, the EEP is scheduling to earn 30 billion birr (around $538.3m) from exports, local electricity sales and services. Mekonen said that the EEP is even intending to earn income in this cycle from domestic electricity consuming industries, railway power sales and various services. In the 2015 fiscal year, it earned 22.3 billion birr (around $394m) from exports, domestic sales and services. Foreign exports accounted for 5.5 billion birr (around $98m) of the...
Posted On 06 Nov 2023
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