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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Babatunde Edu, President of the association made this acknowledgment at the weekend in Kaduna during the induction of Kaduna State officials of the association. He explained that their emphasis is to assure the planting of trees and the establishment of more private indigenous plantations of economic trees. Edu expanded that the association was also working towards industrial alternative of charcoal that is not made from wood. “Nigeria has earned as much as $73.2 million in the charcoal trade as at 2019, their focus is to ensure sustainable environment. The association also held sensitization on its activities that centered around the theme: “Advocacy on Sustainable Afforestation and Reforestation for...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Nowadays, the Southern African nation of Zimbabwe is squabbling with power deficits hamstringing careers across sectors. And this is similarly evident in South Africa and Zambia. The AfDB 2019 infrastructure report for Zimbabwe, stated the proposed appropriation for infrastructure requirements drives beyond $30 billion to link the chasm in energy, transport, communications and other infrastructure. The Africa50 Infrastructure Acceleration Fund is a Pan-African infrastructure private equity fund that is mobilizing up to $500 million for investment and value creation in strategic infrastructure sectors. These encompass power, energy, digital and social infrastructure, transportation, logistics, and water and...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – At the AfCFTA Awareness intense at Constitution Hill in Johannesburg, Calvin Phume – Director of Africa Bilateral Economic Relations at DTIC, asserted, the initiative illustrates a unique alternative for Africa to attain financial independence, arising in job creation, poverty alleviation, improved welfare, and sustainable development. This is a crucial landmark with the purpose of stabilizing united African market in fostering trade, and stimulating sustainable and inclusive growth across the Continent. He told the AfCFTA exemplifies an extraordinary achievement, marking South Africa’s doled responsibility to checking the capacity of trade to navigate growth, generate employment, and uplift the lives of...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Cabinet Secretary – Alice Wahome for the Ministry of Water, Sanitation and Irrigation, let out to columnists in Nairobi, that the cash will be advanced to small scale water service providers without the desire for collateral. “The fund is expected to finance projects that will provide access to water for about 200,000 people across Kenya,” Wahome said in a speech read on her behalf by Kimathi Kyengo, Director of Sanitation Management and Head of Development Cooperation at the Ministry. Kyengo disclosed that the fund will improve the creditworthiness for water service providers in urban and rural areas. He remarked that the financial support utilizes a revenue-based solution in order to address...