Agencies
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Finance & Banking
World Bank halts new loans to Uganda over anti-LGBTQ law
KAMPALA – The World Bank has announced it will halt new loans to Uganda over the country’s controversial anti-LGBTQ law. The Bank said on Tuesday it would pause project financing pending a…
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Cooperatives & Communities
Kenya: Real estate takes biggest share of SACCO loans
NAIROBI – Land and housing consumed the largest share of loans Kenyan SACCOs issued to their members in 2022, the latest data by SACCO Societies Regulatory Authority [SASRA] shows. According to the…
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Africa
FSD Africa Investments avails £10mln to support Nigeria’s sustainable climate infrastructure
LAGOS – FSD Africa Investments [FSDAi], in collaboration with InfraCredit, have invested £10 million into a first-of-its-kind risk-sharing backstop facility, designed to unlock local currency funding for sustainable infrastructure development in Nigeria. The…
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International
Seven out of 10 people protected by at least one tobacco control measure-WHO report
KAMPALA – A new World Health Organisation [ WHO ] report highlights that 5.6 billion people – 71 percent of the world’s population – are now protected with at least one best…
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International
NCUI launches second edition of Coops4GenNext
NEW DELHI – The apex body of cooperatives-the National Cooperative Union of India [NCUI] conducted its second lecture of Coops4GenNext Knowledge Series on Cooperatives recently. According to Indian Cooperative, Coops4GenNext is an…
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Sports
Netball World Cup 2023: How Uganda She Cranes tamed South Africa to become Africa’s best
CAPE TOWN – Hosts South Africa played Uganda in an all-African showdown for 5th place on the final day at the Netball World Cup. While the Proteas secured a two-goal victory over…
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International
Trade unions reaffirm their commitment to actively contribute to Ukraine’s rebuilding
BUDAPEST – Ukrainian trade unions have reaffirmed their commitment to being actively involved in Ukraine’s rebuilding efforts. The move came during a meeting with international partners held to discuss challenges and opportunities…
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International
New Zealand: The Cooperative Bank shares US$ 2.5mln profit with customers
WELLINGTON – The Cooperative Bank recently forked out US$2.5 million in rebates to customers across New Zealand. The Wellington-headquartered bank is 100 percent-owned by its customers, who are shareholders, and is also…
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International
US$ 9.9mln Bezos grant for virtual fencing to combat climate change
NEW YORK – The Bezos Earth Fund has awarded US$ 9.9 million to the Cornell University College of Agriculture and Life Sciences [CALS] to support a project developing low-cost virtual livestock fencing that would benefit farmers…
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Africa
Netball World Cup 2023: All set for spectacular start in Cape Town
CAPE TOWN – The stage is set and it’s finally go-time as Africa’s first-ever Netball World Cup gets underway in Cape Town on Friday. The 16 competing teams arrived in South Africa’s…
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