Month: May 2026

South Africa: Community growers take centre stage at Shoprite and Checkers’ Market Day on World Hunger Day

CAPE TOWN, May 31, 2026 — More than 60 local gardeners and cooperatives from across South Africa, Namibia and Botswana showcased and sold their fresh produce at selected Shoprite and Checkers stores…

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Africa’s growth holds firm amid global turbulence, says 2026 African Economic Outlook

BRAZZAVILLE, May 31, 2026 — Africa’s economies are projected to grow at 4.2 percent in 2026, moderating slightly from 4.4 percent in 2025, before rebounding to 4.4 percent in 2027. The findings…

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BoU approves sale of Standard Chartered’s wealth and retail banking business to Absa

KAMPALA, May 30, 2026 — The Bank of Uganda [BoU] has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking [WRB] business to Absa Bank Uganda Limited, marking a…

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Brazil’s Aurora Coop in need of additional 11,000 workers to produce slightly less than today

BRASILIA, May 30, 2026 — Aurora Coop, considered the largest meat cooperative in Brazil, estimates it would need to hire an additional 11,000 workers on top of the current 51,000 just to produce…

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AM2026: AfDB 2025 Trade Finance Report highlights resilience of African financial institutions after Covid-19

BRAZZAVILLE, May 30, 2026 — The fifth edition of the African Development Bank’s [AfDB] Trade Finance Report paints a picture of resilient African financial institutions in the post Covid-19 years, despite a…

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Uganda boasts of more than 40,000 primary schools — UBOS census

KAMPALA, May 29, 2026 — Uganda has a total of 43,567 primary schools, according to the Baseline Education Census [BEC] 2025 Report released by the Uganda Bureau of Statistics [UBOS]. The report…

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Global Economic Outlook Hangs in Balance Between Geopolitical Headwinds and AI boost, Chief Economists Warn

GENEVA, May 29, 2026 – The global economic outlook has deteriorated sharply in recent weeks, according to the latest edition of the World Economic Forum’s Chief Economists’ Outlook, published on Thursday. Nearly nine in…

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2026 Annual Meetings: African DFIs unite in support of Mission 300

BRAZZAVILLE, May 29, 2026 — Senior African finance leaders attending the African Development Bank Group’s [AfDB]Annual Meetings  in Brazzaville have called for coordinated action to unlock an estimated US$ 250 billion in…

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Climate Change: NaSARRI empowers livestock farmers with climate smart production skills

SERERE, May 29, 2026 — The National Semi Arid Resources Research Institute[ NaSARRI] has started empowering livestock farmers in Teso, Karamoja and Lango subregions with skills to enable them make climate smart…

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Banking behemoths dominate the 20th edition of the African Banker Awards

BRAZZAVILLE, May 29, 2026 — The 20th edition of the African Banker Awards, which were held Tuesday night at the Kempinski Hotel in Brazzaville Congo, on the sidelines of the African Development…

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