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By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Dr. Jalloh concocted this buzz while meeting members of the Fifth ECOWAS Parliament at a five-day delocalized joint meeting at the conference room of the Ministry of Foreign Affairs and International Cooperation in Freetown. The theme for the meeting was, “Regional Energy Market and Energy Transition.” The Vice President accentuated the tremendous challenges encountered by the region in accessing and giving energy, varying from the desire to bill on regional energy initiatives to the inadequacy of capital for energy growth. He pointed out that, the investment required is beyond the scope of certain West African nations. He encouraged member states to commit to bilateral and multilateral institutions for them...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Kenya National Chamber of Commerce and Industry (KNCCI) in collaboration with Trade Mark Africa (TMA) through the support of Global Affairs Canada, have launched an integrated information platform iSOKO. Designed to support women in trade across East Africa access and use vital and simplified information, iSOKO will unlock opportunities for participation, formalization of businesses and growth in trade value. A web and mobile platform for women traders, iSOKO will provide a regional marketplace to buy and sell goods, access vital trade and market information, find business management tools including bookkeeping, access verified service providers and networking opportunities with fellow traders. This innovative tool is part...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Access Bank incorporating with African Banking Corporation Zambia Limited (ABC) fulfilling an approval of the motion by the Central Bank of Zambia. Access Corporation – the parent institution of the bank let out in a regulatory filing on Friday March 24th, 2023. The corporation hodgepodge was early confirmed in October of 2021 at a time when Access Bank Plc reached a required agreement with Atlas Mara Zambia – owners of ABC Zambia, tardily concluding in the accession of the latter. “The Central Bank of Nigeria and Common Market for Eastern and Southern Africa Competition Commission had earlier granted their “non-objection” to the transaction in 2022,” Access Corporation asserted. However, Access...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- …hoped to declare openly some moolah modifications, rather bent on for a full modification of the inscription. CEMAC similarly crave for a finished closure of the operating account (compte d’opération) at the Banque de France in a bid to enable the body to hold all of its foreign exchange reserves as restrained to the 50% it presently holds, and the solitude of French proxies from the decision-making and regulate bodies of the BEAC (regional Central Bank). CEMAC is now contemplating enlisting West Africa, which is in the procedure of creating a regional currency dubbed the ECO. Experts nevertheless deem the process delicate but judging by the recent Euro/Dollar crisis, that drastically affected the...