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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– This was disclosed at the information session and the liftoff of the International Cassava Fair (FIMAN 2023) is planned to take place from Tuesday, November 21st, 2023 to Thursday, November 23rd, 2023, in Paranavaí, Brazil. Presently, Ghana is producing over 1 million metric tones of edible cassava for domestic consumption instead of the industrialized type with high starch content needed to feed industry and for exports. Deputy Director of Agriculture – George Prah oversight Tubers, comprising cassava, at the Ministry of Agriculture, noted the administration’s affirmation to promote cassava industrialization to quickly fix the gap, especially Ghana’s cultivation of edible cassava assortments. “…Ghana, we...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Research manifests that the growth of the private sector could increase the revenues of needy households two to four times more virtually than other industries. Employing farming to catalyze chance and improve earnings is one strategic mode to ameliorate poverty and attain gain. The public and private sectors must premiums to Uganda’s youth, motivating them to believe husbandry is an achievable way to a successful destiny. An instance of this type of alliance moves toward from the Learn 4 Agribusiness (L4AB) project, led by a coalition of multi-sector stakeholders comprising global development organization Heifer International, Dutch non-profit Edukans, Dokolo District local government, and the private...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– According to data from the Central Bank of Kenya (CBK), aggregate currency in circulation attained an all-time high of Sh315.97 billion in June 2023, comprising Sh30 billion in bank notes and Sh10.56 billion in coins. The Bank of Kenya details this development t as a maintained need for notes and coins by banking customers. “The net increase of currency a in circulation was attributed to higher currency outflows (withdrawals) compared to net inflows),” the CBK stated. Bank deposits of notes and inflows CBK vaults totaled Sh544 billion against Sh544 billion withdrawals, resulting in a net Sh10.6 billion to Sh544 billion circulation of physical cash. The increased usage of notes and coins has kept on despite a...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The Group’s contemporary endeavor…the Sony Innovation Fund: Africa, strives to enable the development of entertainment businesses in Africa. It will subsidize seed to early stage startups in the entertainment enterprise in Africa, comprising startups in the gaming, music, movie, and content distribution sectors. Sony is originally distributing $10 million towards such investments. In 2016, Sony Group ran a mixture of budgets, comprising the Sony Innovation Fund, the Innovation Growth Fund in 2019, and the Sony Innovation Fund Environment in 2020. In complement, Sony has finalized a partnership consensus with the International Finance Corporation (IFC) a multinational development institution...