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MDBs sign US$ 1bln exchange exposure agreement to increase development lending capacity to African nations
WASHINGTON, DC., October 28, 2024 — The African Development Bank (AfDB] and the Asian Development Bank [ADB] have signed a US$ 1 billion exchange exposure agreement [EEA] aimed at enhancing the African…
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Ruto confirms support for SACCO movement in meeting with credit union leaders
NAIROBI, October 24, 2024 —Kenyan President, William Ruto recently confirmed cooperatives are central to his government’s priorities and that he wants to see the Savings and Credit Cooperative [SACCO] movement in Kenya…
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Global Credit Union membership surpasses 411mln
MADISON, Wis., October 24, 2024 — World Council of Credit Unions’ [WOCCU] 2023 Statistical Report shows membership in the global credit union movement topped 411 million, while assets surpassed US$ 3.7 trillion last…
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The UN unveils 2025 International Year of Cooperatives logo
BRUSSELS, October 22, 2024 – The International Cooperative Alliance is pleased to announce that the United Nations [UN] has released the 2025 International Year of Cooperatives [IYC2025] logo today. Organisations wishing to use…
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Uganda Martyrs honoured at Vatican celebration
ROME, October 22, 2024 – President Yoweri Museveni has praised the impact of Christianity on Uganda while marking the 60th anniversary of the canonisation of the Uganda Martyrs. In a speech delivered…
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Afreximbank to double Creative Africa Nexus funding to US$ 2bln to boost Africa’s creative economy
ALGIERS, October 21, 2024 — President and Chairman of the Board of Directors of Afreximbank, Pro. Benedict Oramah, has announced that Afreximbank will increase its funding to the Creative Africa Nexus [CANEX]…
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Brazil’s Landless Rural Workers’ Movement partners with China to use solar energy in cooperatives
BRASILIA, October 20, 2024 — João Pedro Stedile, leader of the Landless Rural Workers’ Movement [MST, in Portuguese], was in China to talk with institutions and companies that have already started partnerships…
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EPRC survey finds gaps in the implementation of revised O-level curriculum
KAMPALA, October 18, 2024 — A new survey has highlighted significant gaps in the implementation of the revised lower-level secondary curriculum at the time when the first cohort of students sit for…
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How rural women in Morocco have ventured forth with vinegar
RABAT, October 19, 2024 — In the mountains of central Morocco, apple farming is a way of life. But post-harvest losses and food wastage have brought economic troubles to rural communities. Twenty-four-year-old…
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New Cooperative Bill to reform and boost sector growth
NAIROBI, October 19, 2024 — The Cooperative Bill 2024, which the Kenyan Parliament is presently scrutinising, aims to tackle the persistent governance and management issues afflicting the cooperative sector, according to Wycliffe…
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