News
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IMF’s Sub-Saharan Africa Regional Economic Outlook: Reform amid great expectations
Washington, DC – October 26, 2024 — Sub-Saharan Africa’s economic growth is projected to remain subdued at 3.6 percent in 2024, unchanged from 2023, with a modest pickup to 4.2 percent expected…
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New satellite laboratory to enhance clinical research in Rwenzori Subregion
FORT PORTAL CITY, October 25, 2024 — A new satellite laboratory under construction at Fort Portal Regional Referral Hospital [FRRH] is set to significantly boost clinical research in the Rwenzori Subregion and…
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Ninth Africa Energy Market Place held in Dar es Salaam ahead of key Africa Heads of State Energy Summit
DAR ES SALAAM, October 25, 2024 — Further to an April 2024 pledge by the Presidents of the African Development Bank and the World Bank to bring electricity access to 300 million…
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SACCO and VSLA leaders trained on governance and financial literacy
GULU CITY, October 25, 2024 — One hundred twenty leaders from Savings and Credit Cooperative Organizations [ SACCOs ] and Village Savings and Loan Associations [VSLAs] in the Acholi Subregion have completed…
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Widespread progress in African financial markets
KAMPALA, October 25, 2024 — There have been clear improvements across countries in the Absa Africa Financial Markets Index 2024. Scores have risen for 23 countries [82 percent], which is the highest…
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World Bank Group advances Gender Strategy, unveils economic opportunity ambition
WASHINGTON, Oct, 24, 2024 – The World Bank Group today took the first steps toward implementing Gender Strategy 2030, announcing a set of actions and concrete goals that aim to boost economic opportunities…
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Ruto confirms support for SACCO movement in meeting with credit union leaders
NAIROBI, October 24, 2024 —Kenyan President, William Ruto recently confirmed cooperatives are central to his government’s priorities and that he wants to see the Savings and Credit Cooperative [SACCO] movement in Kenya…
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Global Credit Union membership surpasses 411mln
MADISON, Wis., October 24, 2024 — World Council of Credit Unions’ [WOCCU] 2023 Statistical Report shows membership in the global credit union movement topped 411 million, while assets surpassed US$ 3.7 trillion last…
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PDM: Diocese of West Lango clergy decry exclusion
KWANIA, October 24, 2024 — Religious leaders in the Diocese of West Lango have urged the government to implement a special empowerment programme for them, asserting that they have been excluded from…
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MPs question excess budget releases for districts
KAMPALA, October 24, 2024 — Parliament’s Committee on Public Accounts [Local Government ] has questioned the motive behind excess release of budgets to districts saying that this has contributed to low absorption…
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