News

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Hybrid capital will give birth to a multiplier impact on the Bank’s financing, and enable the issuance of extra green, social and sustainable bonds to finance projects eating some of the African Continent’s most crucial development...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – Planters in Kenya will not scramble again of warming their maize and other cereals after the harvesting process, President Ruto divulged in State House on Wednesday, August 2nd, 2023. This development came up after President William...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Government of Zambia, through the Ministry of Commerce, Trade and Industry (MCTI) has signed an agreement with the United Nations Conference on Trade and Development (UNCTAD) to modernize customs procedures using the Automated System for Customs Data...

By Abdul Rahman Bangura–  NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – July 25th, 2023 denoted the outset of what is predicted to be Africa’s first debt-for-nature swap, with Gabon announcing schedules to purchase up at least $450 million of its public debt and barter it for an eco-friendly blue...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – The Bank, in a statement on its website, made the commitment with the partners at a roundtable in the Mauritania capital – Nouakchott on the AfDB’s website with its partners. It was believed the dialogue examined allotment...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – The IDA is the department of the World Bank that bargains with very poor nations. It strives to boost the progression of goods and people between Addis and the microstate of Djibouti, Ethiopia’s main outlet to the Indian Ocean and world...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- African Union Members States have been called upon to adopt policies to encourage intraAfrican trade in food production by among other things removing Non-tariff Barriers (NTBs) that currently make imports from outside the continent costly compared to...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – He was the first black head of state and was the first elected President in a fully democratic election in South Africa. According to reports, Nelson Mandela day is empirical on July 18th every year by the United Nations(UN). The UN had...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone – The business contract bestows some African nations priorities or rightful tax free access for their exports to the U.S. market. The agreement is due to end in 2025, and African delegates at the summit want the deal resuscitated....