Agencies
-
Cooperatives & Communities
Why Alvaro Lario was chosen IFAD’s next president
ROME– The International Fund for Agricultural Development [ IFAD ] has appointed its top finance executive, Alvaro Lario, to be its next president, choosing a champion of private sector investments to lead…
Read More » -
Development
Kenyan SACCOs urged to develop neobanks
NAIROBI– Savings and Credit Co-operatives [SACCOs] have been urged to turn their institutions into neobanks [online banks without traditional physical branch networks], reports SACCO Review. Cynthia Wandia, the Chief Executive Officer [CEO]…
Read More » -
Cooperatives & Communities
VI Cooperative Summit of the Americas slated for late October
ASUNCION– From October 24 to 27, 2022, it will be the right opportunity at the cooperative summit to make visible the impact and commitment of American cooperativism and, from this, with the…
Read More » -
Cooperatives & Communities
Making 100 years: Indian Co-op Bank offers 15 percent extra dividend
GUJARAT– Gujarat-based Surat People’s Co-operative Bank crossed the business mix of Rs 9,000 cr in 2021-22 and gave 15 percent extra dividend to its shareholders on the completion of 100 years of…
Read More » -
News
Global hunger numbers rose to as many as 828mln in 2021-UN report
KAMPALA– The number of people affected by hunger globally rose to as many as 828 million in 2021, an increase of about 46 million since 2020 and 150 million since the outbreak…
Read More » -
Cooperatives & Communities
COPAC to mark Coops Day at UN headquarters
NEW YORK– The Committee for the Promotion and Advancement of Cooperatives [COPAC] is organising an event to commemorate Coops Day as part of the Voluntary National Review Lab [VNR Lab] hosted annually…
Read More » -
East Africa
Kenya gets €89mln loan to bolster economic recovery
NAIROBI– The African Development Bank [AfDB] Group has approved an €89 million loan to boost the Kenyan government’s economic recovery efforts. The loan will provide funding for the second phase of Kenya’s…
Read More » -
Cooperatives & Communities
Crédit Agricole to stop financing gas and oil sector
PARIS– French co-operative bank, Crédit Agricole, has announced commitments to move away from oil and gas financing. ‘2025 Ambitions’ sets out a number of short, medium and long-term goals for France’s second…
Read More » -
International
Cooperative official urges govt of Nigeria on collaboration
ABUJA– As the world marks 2022 International Cooperative Day today [Saturday], the President of Cooperative Federation of Nigeria [CFN] and International Cooperative Alliance-Africa, Chief Oriyomi Ayeola has called on Federal and state…
Read More » -
Cooperatives & Communities
With a billion members worldwide, cooperatives are a force to reckon with
KAMPALA-The cooperative movement is made up of over three million cooperatives with approximately one billion members worldwide from all sectors and regions, according to the International Cooperative Alliance [ICA]. As cooperatives are…
Read More »