Cooperatives & Communities
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ICA receives new members from India and Germany
LONDON, May 2, 2025 — The International Cooperative Alliance [ ICA ] welcomed two new members in April: Malankara Multi-State Cooperative Credit Society Limited [MMSCCS] from India as a Full Member, and…
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Adjumani SACCO acquires tractors as total assets rise to Shs 18bln
ADJUMANI, May 1, 2025 –– Adjumani Town Council Cooperative Savings and Credit Society [SACCO] Ltd. has acquired three tractors valued at Shs 510 million. The purchase was made possible through Islamic financing…
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Kotido mentors and field agents trained to digitise VSLA business transactions
KOTIDO, April 30, 2025 — In a move toward modernising financial systems in Kotido district, mentors and field agents have been trained on how to use the WENDI platform, which is designed…
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UDB, MD Patricia Ojangole nominated for African Banker Awards 2025
KAMPALA, April 30, 2025 –– African Banker magazine has announced the shortlist of nominees for this year’s edition of its annual African Banker Awards with Uganda Development Bank [UDB] and its Managing, Director…
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Lango leaders urge gov’t to increase PDM funding to Shs 200mln per parish
OTUKE, April 30, 2025 — Leaders in the Lango Subregion have called on the government to increase the Parish Development Model [ PDM ] funds from the current Shs 100 million to…
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Brazilian coop launches new e-commerce platform to boost transparency
HOUSTON, April 2, 2025 – – Brazil’s Cerrado Coffee Growers Cooperative [Expocacer], known for its specialty coffee, recently launched a new e-commerce platform at the Specialty Coffee Expo 2025 in Houston, United…
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MP earmarks Shs 400mln for women’s VSLAs in Zombo district
ZOMBO, April 28, 2025 – Lawrence Songa Biyika, Member of Parliament for Ora County in Zombo district, has committed seed capital of approximately Shs 400 million to support women’s Village Savings and…
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The big interview: Meet Stephen Mugumya Bongonzya – a seasoned banker and senior cooperator
MBARARA CITY, April 28, 2025 — theCooperator News recently sat down with Stephen Mugumya Bongonzya, Vice Chairman of the Uganda Cooperative Savings and Credit Union Limited [UCSCU]—the apex body for SACCOs in…
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St. Pauli fans raise US$ 29mln through coop to buy majority stake in stadium
HAMBURG, April 27, 2025 — St. Pauli supporters have raised over 27 million euros [US$ 29.1 million] for a majority stake in the club’s stadium after taking part in German soccer’s first…
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Welders’ Emyooga SACCO diversifies business to boost capital base
DOKOLO, 27 April 2025 – The Dokolo North Welders’ Emyooga SACCO, based in Agebo A Cell, Amuda Central Ward, Agwata Town Council, has invested its additional seed capital of Shs 20 million…
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