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Ethiopia: AfDB provides US$ 400,000 for public disclosure platform to boost capital market
ADDIS ABABA, September 18, 2025 — The African Development Bank Group [ AfDB ] and the Ethiopian Capital Market Authority [ECMA] have signed a grant agreement for US$ 400,000 for the set…
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South Africa outlines interventions to boost local cooperatives
CAPE TOWN, September 18, 2025 – With South Africa’s cooperatives still performing below expectations compared to global counterparts, the Minister of Small Business Development, Stella Ndabeni-Abrahams, has outlined a series of interventions…
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The World Social Summit Political Declaration, to be adopted in Doha, reaffirms the role of cooperatives in sustainable and inclusive development
KAMPALA, September 15, 2025 — The International Cooperative Alliance [ICA] has welcomed the Doha Political Declaration agreed by consensus through an intergovernmental negotiating process that took place at the United Nations in…
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African leaders, AfDB push for governance reforms, regional integration for Africa’s transformation
ABUJA, September 15, 2025 — African leaders, experts, the African Development Bank [AfDB] and development partners have called for urgent reforms to strengthen governance, deepen regional integration, and drive inclusive growth across…
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Afreximbank and ShafDB Forge Strategic Partnership to Unlock US$1 billion in investments
ALGIERS, September 13, 2025 — African Export-Import Bank [Afreximbank] and Shelter Afrique Development Bank [ ShafDB ] have signed a Joint Project Preparation Facility [JPPF] Framework Agreement to unlock a cumulative investment…
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New Islamic Microfinance Toolkits Launched to Advance Financial Inclusion in IsDB Member Countries
KAMPALA, September 12, 2025 — The Islamic Development Bank Institute [IsDBI] and the IsDB Global Practice & Partnership [GPP] Directorate, through its Cooperation and Capacity Development Department [CCD], have officially launched a…
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Africa: Afreximbank launches new entity to promote large scale trade in value-added goods
ALGIERS, September 10, 2025 — African Export-Import Bank [ Afreximbank ] has launched the African Trade and Distribution Company [ATDC] to catalyse large scale trade in raw materials, minerals and value-added products…
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International tourism up 5 percent in first half of 2025 despite global challenges
KAMPALA, September 10, 2025 — According to UN Tourism, almost 690 million tourists travelled internationally between January and June 2025, about 33 million more than in the same period of 2024, though…
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2025 arrivals: New and returning ICA members in India, South Africa, Turkey and Dominican Republic
BRUSSELS, September 9, 2025 — The International Cooperative Alliance [ICA] has received a number of new and returning members this month. The National Bank for Agriculture and Rural Development [NABARD] from India…
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African economies urged to invest in research for industrial transformation
ALGIERS, September 9, 2025 — African economies have been challenged to boost their investment in research to power the continent’s industrial transformation by accelerating development of homegrown innovations that reinforce autonomy, sustainability,…
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