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Africa’s short-term outlook resilient despite global economic and political headwinds, says AfDB
KAMPALA, May 29, 2025 — Africa’s economy is projected to increase from 3.3 percent growth in 2024 to 3.9 percent in 2025, reaching 4 percent in 2026, despite mounting geopolitical uncertainties and…
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Chief economists warn global growth under strain from trade policy shocks and AI disruption
KAMPALA , May 28, 2025 –– The global economic outlook has worsened since the start of the year, as rising economic nationalism and tariff volatility fuel uncertainty and risk stalling long-term decision-making, according to…
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Uganda to celebrate International Day of Cooperatives in Fort Portal City
KAMPALA, May 26, 2025 –– The Ministry of Trade, Industry, and Cooperatives [MTIC] has announced plans to join the global community in celebrating the International Day of Cooperatives [CoopsDay] on Saturday, July…
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PDM official urges mindset change among leaders in Mbale City
MBALE, May 22, 2025 –– Ritah Namuwenge, the National Coordinator for the Emyooga programme and Parish Development Model PDM] Consultant for Uganda’s Eastern Region, has urged local leaders in Mbale City to…
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Tanzania: Minister urges coops to forge partnerships that address citizens’ needs
DODOMA, May, 21 2025 — Tanzania’s Minister of Minerals, Antony Mavunde, has urged cooperative societies in the country to establish strategic partnerships that address the economic and social needs of the citizens.…
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Museveni urges Tooro scribes to uncover misuse of PDM funds
FORT PORTAL CITY, May 20, 2025 –– President Yoweri Museveni recently told journalists from the Tooro Subregion at State Lodge-Fort Portal where he emphasised that the Parish Development Model [PDM] is meant…
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Co-operative Bank of Kenya posts 7.5 percent rise in pre-tax profit
NAIROBI, May 16, 2025 — The Co-operative Bank of Kenya demonstrated resilience and adaptability in 2024, posting a 7.5 percent increase in profit before tax to Kshs 34.8 billion, up from Kshs…
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Museveni Commends YPA for Remarkable Transformation and Agribusiness Expansion
KAMPALA, May 10, 2025 – President Yoweri Museveni has praised Youth Platform Africa [YPA] for its impressive journey of growth and transformation, particularly in the agribusiness sector. “I am pleased to learn…
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Regional stakeholders meet in Nairobi to boost cross-border trade in agroecological products
NAIROBI, May 9, 2025 – Stakeholders including cross-border traders, civil society organisations, and policymakers from the East African Community [EAC] and COMESA convened in Nairobi, Kenya recently, for a two-day meeting focused…
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Amadou Hott, AfDB presidential candidate, unveils a vision for Africa’s self-reliance
WASHINGTON D.C., May 7, 2025 — Amadou Hott, former Vice President of the African Development Bank [AfDB] and former Minister of Economy, Planning and Cooperation of Senegal has laid out his bold…
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