Agencies
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News
Senegal achieves first oil from Sangomar Project
JOHANNEBURG, June 12, 2024 – Exploration and production company Woodside Energy has achieved first oil production at Senegal’s inaugural offshore oil project – the Sangomar field development. This milestone underscores the effective…
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News
Fidelity Bank Nigeria completes acquisition of Union Bank UK
CAIRO, June 11, 2024 – African Export-Import Bank [Afreximbank] has announced the disbursement of a US$40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of…
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Cooperatives & Communities
Cocoa traceability soars but poverty and child labour continue to plague industry, says new report
LONDON, June 10, 2024 – A report by the Retailer Cocoa Collaboration [RCC] has found that the traceability of cocoa supplies has significantly improved in the last year as companies brace for…
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News
The Race To Map The World And Protect US$ 110 Billion Of Trade
LONDON, June 9, 2024 – The European Union Deforestation Regulation [EUDR] is a new law aimed at tackling climate change and halting biodiversity loss, threatening far-reaching consequences for over US$ 110 billion…
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News
2024 arrivals: ICA welcomes new members from the Philippines, Eswatini and Rwanda
BRUSSELS, May 9, 2024 – May 2024 saw the International Cooperative Alliance [ ICA ] gain three new full members: the MSU – IIT National Multi-Purpose Cooperative [MSU-IIT NMPC] from the Philippines;…
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News
Canada: Cooperative Housing Development Programme launched
WINNIPEG, May 7, 2024 – The Canadian government has launched the Cooperative Housing Development Programme. The programme’s launch was presided over by Sean Fraser, Minister of Housing, Infrastructure and Communities, and Dan…
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News
Agreement to drive sustainable development through Islamic Finance signed
JEDDAH, June 6, 2024 – The Islamic Development Bank Institute [IsDBI] and the General Council for Islamic Banks and Financial Institutions [CIBAFI] signed a Grant Agreement to collaborate towards advancing Islamic finance…
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News
Society Artisanal partners with Minespider to track conflict-free gold from the DRC
KINSHASA, June 6, 2024 – Society Artisanal, an organisation that aims to export conflict-free artisanal gold from the Democratic Republic of Congo [DRC], has announced its partnership with Minespider, a technology company…
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News
Cooperatives essential in fostering economic inclusion: ICA President
BRASILIA, June 6, 2024 – The Organisation of Brazilian Cooperatives [OCB] successfully hosted an influential International Seminar titled “Empowering Futures: Cooperatives at the Forefront of Inclusivity, Resilience & Environmental Stewardship”. This pivotal…
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