News

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- Eight West African countries have yielded assent to replace the name of their common currency to the ECO officially scissoring ties with the CFA Franc. The CFA Franc, linked to erewhile colonial ruler France has always been condemned for its...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- Applications for the ONE Africa Award are now open. The clarion call for applications will juggle a pattern continuously from 21 November 2019 and close on 31 January 2020. Africa-led, Africa-driven organizations have the opportunity to...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- TANZANIA has confines effectually, $272 million loan from the African Development Bank (AfDB) to construct a new international airport at its administrative capital – Dodoma, part of a program to extend the East African nation’s...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone-  SEYCHELLES has increase its air transport group of investments autographing two new air services agreements with Zimbabwe and the Dominican Republic. This event was done during the twelfth edition of Air Services Negotiation Conference...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- CAPE VERDE, Board of Directors of the African Development Bank on 16th December, 2019 validated €20 million loan to rejuvenate the private sector’s role in Cape Verde’s economic growth.  This will supplement the second phase of the Private...

BY ANIN AGYEI- NEW AFRICA DAILY NEWS, Accra- GHANA, RUMOURED fuel price increment by the National Petroleum Authority (NPA) at the fuel pumps has been halted through the intervention of the President of Ghana, Nana Addo Dankwa Akufo-Addo. The NPA had earlier on Monday morning, December 16, 2019, serve notice...

By Abdul Rahman Suagibu – NEW AFRICA DAILY  NEWS, Freetown, Sierra Leone- ANGOLA,  newest Luaxe Diamond Deposit will commence mining arbitration in the midpoint of next year. And would produce one million carats of diamonds worth $90 million next year according to Alrosia-Diamond Producer. Catoca and Alrosa...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- FRANCE, The French Development Agency (AFD) is bent on providing $30 Million via the African Guarantee Fund for Small and Medium Sized Enterprises (AGF), in order to accelerate access credit to small and medium sized enterprises (SMEs)...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Agree with to set up a Continental Power System Master Plan between the Africa Development Bank and AUDA-NEPAD was uncovered during a three-day workshop on the perimeter of Programme for Infrastructure Development (PIDA) Week held in Cairo...