News

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- The contemporary accession of StorEx as a notable supplier of Third-Party Maintenance (TPM) for enterprise-sized establishments by Evernex, a prominent multinational provider of Third-Party Maintenance aids for data center...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- The Board of Directors of the African Development Bank has approved a $40 million financial package to support Angola’s Banco Millennium Atlântico (BMA) to bolster local production and job creation through its portfolio of small and medium-sized...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Lekoil, an oil and gas exploration and production company with a focus on Nigeria and Western Africa, said it has attained an authorization with Optimum Petroleum Development Company – the Operator of the OPL 310 License; on...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Mulling over the significant part that, the Africa Trade Insurance (ATI) influences in the nation’s financial growth, the European Investment Bank (EIB) donated $12.5 million authorization loan to cover Togo’s shareholding in ATI. The...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Policy and advocacy think tank, AfroChampions, is urging African Trade Ministers to convene a virtual summit under the aegis of the African Union to keep on track the operation of the African Continental Free Trade Area (AfCFTA) amidst the Coronavirus...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Wamkele Mene, the scribe of the Africa Continental Free Trade Area (AfCFTA) disclosed the postponement of the undertaking of the AfCFTA authorization slated for July 1, 2020, recounting the Novel Coronavirus (COVID-19) pandemic....

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- Windfalls to the Maritime Sector of Nigeria, as the sector earned a prominent upswing as the recently developed multimillion dollars state of the art Mobile Harbor Cranes (MHCs) by APM Terminal and were commissioned by Hadiza Bala...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leone- The Executive Board of the International Monetary Fund(IMF) has recommended the allotment of $130 million (SDR 95.680 million) to be brought out under the Rapid Credit Facility to boost Mauritania to withstand with the Novel...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- AUDA-NEPAD Chief Executive Officer Dr. Ibrahim Assane Mayaki and Ecobank Group Chief Executive Officer Mr. Ade Ayeyemi have agreed to collaborate on a Continental initiative to support African Micro and Small-Medium Enterprises (MSMEs) as they face the...