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Sierra Leone and AfDB target US$ 90bln in annual illicit financial flows
FREETOWN, July 27, 2025 — A four-day high-level seminar concluded last week with concrete recommendations to combat the estimated US$ 90 billion that Africa loses annually to illicit financial flows, as the…
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Benin: AfDB approves over US$ 30mln to protect farmers from climate shocks and food insecurity
ABIDJAN, July 26, 2025 — The Board of Directors of the African Development Bank Group [AfDB] has approved US$ 30.25 million in financing for a groundbreaking climate protection and agricultural sector resilience…
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European Parliament pushes for repeal of deforestation law
BRUSSELS, July 25, 2025 — Debate is still alive in the European Union [EU] about the incoming ban on goods linked to deforestation, with the European Parliament pushing for a repeal of…
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COPAC event celebrates International Day of Cooperatives at UN headquarters
NEW YORK, July 25, 2025 — The Committee for the Promotion and Advancement of Cooperatives [COPAC] marked the International Day of Cooperatives with a high-level event recently at the United Nations’ [UN]…
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Over 50 SACCOs face auction over Ksh 1.36bln in unpaid KUSCCO loans
NAIROBI, July 24, 2025 — At least 58 Savings and Credit Cooperatives [SACCOs] across Kenya are at risk of losing their assets through auction after defaulting on loans totaling Ksh 1.36 billion…
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More Changes to the EUDR Considered Likely Before Implementation
BRUSSELS, July 23, 2025 — The EU Deforestation Regulation [EUDR] covers various commodities and is currently scheduled to apply to operators and traders starting at year-end. In late 2024, EUDR compliance was…
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National survey reveals strong consumer support for cooperatives
WASHINGTON DC., July 22, 2025 — A new national survey conducted by the leading polling firm Big Village on behalf of NCBA CLUSA reveals strong consumer support for cooperatives, with a majority…
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New ICETT report highlights the opportunities and benefits of collective ownership
KAMPALA, July 21, 2025 — Over 200 participants from across the globe attended the recent online launch of The Opportunities and Benefits of Collective Ownership, a new report published by the International…
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ICA raises alarm over Ecuador’s new law affecting cooperatives
BRUSSELS, July 21, 2025 — The International Cooperative Alliance [ ICA ] has issued a formal declaration expressing deep concern over a recent legal development in Ecuador that could significantly impact the…
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