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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- President Nana Akufo-Addo of Ghana, launched country’s new Energy Transition and Investment Plan during a Global Africa Business Initiative event in New York City, State of New York in the United States of America. The plan marks Ghana’s commitment to fighting climate change and fostering economic development in tandem. It details a credible pathway for how Ghana can achieve net-zero energy-related carbon emissions by 2060 through the deployment of low-carbon solutions across key sectors of its economy, including oil and gas, industry, transport, cooking, and power. Ghana’s government intends to use the plan as its main tool to engage the international community and investors for support with its energy...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The KPA Country Representative to Uganda let out that apart from subsidizing state-of-the-art equipment and completing the new container terminal to increase accommodation and cater to the growing need, they have likewise improved the free storage period for Transit cargo from 9 to 15 days. That means that after 15 days, containers that overstay up to 21 days would pay $30 per 20-ft container and $60 for a 40-ft container. After 21 days, each 20-ft container would be charged $45 and $90 for each 40-ft container. Mkonyi stated. Mombasa Port classified amongst the top ten ports in Africa, functions as a crucial hub for Western Europe, Asia, the Americas, and the Far East. But whereas the recorded Port relies...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Sources from Bloomberg revealed that, a crew that arose from Carlyle Group Inc. asserted on past Wednesday that they had accepted aid from the founders of the prominent U.S. private equity firm, as well as Aliko Dangote, to inaugurate the Alterra Capital Fund, which is committed to African acquisitions. The co-founders of Carlyle, namely David Rubenstein and Bill Conway, are outstanding players in this fresh initiative. Therefore, the private equity firm has set an enterprising objective of raising $500 million in the coming months, although they have already organized to attach $140 million during their initial fundraising endeavors. In a topography where prominent investors are hanging back to enter the...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– With a very sound calling from the Honorable Minister of Housing and Urban Development, Nigeria, Arc. Ahmed M. Dangiwa. The Minister, who is the Chairman of the Company’s 42nd Annual General Meeting (AGM) Bureau, underscored the implication of shareholder unity and obligation to the company’s mission to provide affordable housing solutions across Africa. In his opening address, Arc. Dangiwa emphasized the significance of the 2023 EGM and its role in shaping the Shelter Afrique’s fate. He applauded company’s leadership, recognizing the remarkable work of the Board and Management Team in driving the organization toward development, profitability, and a more substantial impact on housing development across the...