Our Reporter
-
East Africa
World Bank earmarks US$15mln to enhance digital integration in EAC
ARUSHA-The World Bank has earmarked about US$15 million [about Shs 55.5 billion] to enhance and accelerate regional digital integration efforts across the East African Community [EAC]. The Bank through its Single Digital…
Read More » -
East Africa
Bioeconomy strategy to improve food security, says EAC boss
ARUSHA-The Secretary General of the East African Community [EAC], Dr. Peter Mutuku Mathuki has said that the recently approved regional bioeconomy strategy by the EAC Council of Ministers will be a key…
Read More » -
East Africa
Rwanda: IMF approves US$ 319mln loan to build resilience to climate change
KIGALI-The Executive Board of the International Monetary Fund (IMF) has approved US$ 319 million loan asked by Rwanda under the Resilience and Sustainability Facility [RSF]. According to IMF, Rwanda is the first…
Read More » -
International
Debt-service payments put biggest squeeze on poor countries since 2000-World Bank
KAMPALA-The poorest countries eligible to borrow from the World Bank’s International Development Association [IDA] now spend over a tenth of their export revenues to service their long-term public and publicly guaranteed external…
Read More » -
Finance & Banking
UDB, Ojangole win second Global Sustainable Finance Award
KAMPALA-Uganda Development Bank [UDB] and its Managing Director, Patricia Ojangole were for the second time in a row named Sustainability Leader of the Year 2022 at the Karlsruhe Sustainability Awards Ceremony that…
Read More » -
Africa
U.S. – African Leaders Summit 2022 to enrich cooperation on shared global priorities
KAMPALA-Heads of state and leaders from across the African continent will from December 13-15, 2022, converge in Washington D.C., within the context of the United States [ U.S. ] – Africa Leaders’…
Read More » -
Cooperatives & Communities
Global coffee exports down 2.5 percent in October
Global exports of green beans in October 2022 totalled 8.5 million bags, compared with 8.72mln bags in the same month of the previous year, down 2.5 percent, according to the latest International…
Read More » -
Africa
TUI, ACISA sign MoU for development of cooperative movement in Africa
KAMPALA-The Uhuru Institute for Social Development [TUI] and The Africa Cooperatives Institute of South Africa [ ACISA ] have signed a Memorandum of Understanding [MoU] for the development of the cooperative movement…
Read More » -
International
World Cooperative Monitor 2022 to be released today
GENEVA-The International Cooperative Alliance [ICA] and the European Research Institute on Cooperative and Social Enterprises [Euricse] will release today the 2022 edition of the World Cooperative Monitor [WCM]. To be launched during…
Read More » -
Cooperatives & Communities
BoU readying to regulate big SACCOs, pledges to work with UCSCU
KAMPALA– The Microfinance Deposit-Taking Institutions [Registered Societies] Regulations, 2022, will enable the Bank of Uganda [BoU] to license and supervise large SACCOs in the country as mandated under the Tier 4 Microfinance…
Read More »