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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Dr. Asare let out…Ghana’s coconut oil, coconut water, and other products from coconut are now known in the world market making Ghana’s position on the world market, as the West African nation blessed with the ideal climate atmosphere for coconut production nationally and internationally. This was known during the third edition of the international coconut festival carried in Takoradi. The crop blossoms well in the tropical rainforest zone and also the coastal strap comprising the Greater Accra, Central, Volta, and Western Regions. In the Western Region, the majority of coconut is germinated in three districts, namely… Jomorro, Nzema East, and Ellembelle. The advantages arising from coconut are...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– Osinbajo has been appointed as the Chairman of the Board of Directors of Climate Action Platform for Africa (CAP-A), a public benefit organization working to open Africa’s potential as an international intersection for climate action. CAP-A announced the appointment of Osinbajo in a statement on Tuesday…CAP-A’s work is scholarly by the culmination that Africa’s demographics, growth revolution and natural resource endowments, mated with its incredibly low levels of current carbon emissions, enabled the African mainland to desire to not just net-zero but a significant net-negative carbon footprint realization than any other part of the world. In accepting the appointment, Prof. Osinbajo said, “since the recent...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- The African Development Bank and Google have formalized cooperation aimed at advancing digital transformation in Africa. The parties signed a Letter of Intent during the Global Africa Business Initiative at the United Nations General Assembly in New York. The agreement underscores a shared commitment to harness emerging technologies, extend and improve infrastructure, and refine talent and skills in the continent. Both parties have a history of fostering digital evolution. Over the past decade, the African Development Bank has invested $1.9 billion in projects emphasizing the development of broadband infrastructure, conducive policy and regulatory environments, digital skills, and innovative technology startups. “Our...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– “The reason people are accumulating dollars is not because they need it now, it is because of lack of confidence,” Elumelu let out in an interrogation with Bloomberg TV in New York. The new central bank team is “very capable” and will be able to bring confidence, he told. Elumelu, who is the Chairman of the United Bank for Africa Plc and the biggest shareholder of Transnational Corp. of Nigeria Plc, Nigeria’s largest conglomerate, noted there’s alarm because Nigerians don’t know where the currency will resolve. The naira is Africa’s worst-performing among 24 currencies on the mainland watched over by Bloomberg. Transcorp regulates about 16% of Nigeria’s electricity generating capacity, runs hotels, and...