News

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Lucapa Diamond Company and allies have capitalized progressive results on the kimberlite research project at the Lulo diamond undertaking in Angola. This is a notch to recognize the hard-rock sources of the extraordinary alluvial...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The administration of Zimbabwe in concert with the Zimbabwe National Roads Administration has disbursed $33 million for the rehabilitation and reconstruction of major roads in Manicaland region. This is being utilized for regular street...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- An agro-processing startup in Nigeria focused on the local production of high-quality tomato paste for the African market, Tomato Jos, has secured a whopping €3.9 million to bolster growth. Tomato Jos will work with thousands of smallholder farmers on...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The Administration of Rwanda will expend at slight Rwf1 billion on the repair of Mugogo lowland in Musanze and further locales in Nyabihu region that were devastated by torrents. This comes up this; intervention to resuscitate increases...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- The second Africa Regional Integration Index (ARII 2019) was launched by the Economic Commission for Africa (ECA), African Development Bank and African Union Commission (AUC), with a call to action to African economies to deepen integration. The 2019 Index,...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The originator of Africa-focused advisory firm, Brand Leadership – Thebe Ikalafeng established Brand Africa in 2009 as a non-profit civil institution primarily to marshal an agenda for the African continent. May 25th, 2020 the Brand...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- African Union (AU) affirmed on May 25th, 2020 it has slated to lift up $1 million for its COVID-19 response appropriation, as the fifty-five partner pan-African coalition commemorates the Africa Day. Ascertained by the Chairperson of the...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra- Ghana’s Central Bank leave its key interest rate unchanged at 14.5% on Friday and said it had concluded a $1 billion repo facility with the U.S. Federal Reserve to improve the country’s foreign exchange liquidity. The bank said it expected Ghana’s economy to...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Cement maker – Athi River Mining (ARM), is staring to expunge off its associates in Rwanda and South Africa, an action that sends it closer to delisting from the NSE. According to the company, they schedule to utilize the revenue...