News
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ADF mobilises a historic US$11bln, marking a new era of African ownership and investment-led development
LONDON, December 20, 2025 — The African Development Fund [ADF], the concessional financing arm of the African Development Bank Group [AfDB], has secured a record US$ 11 billion from 43 Partners for…
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COONECTA selects BPC’s next-generation platform to power cooperative-led digital finance across Ecuador
QUITO, December 20, 2025 — COONECTA, Ecuador’s leading transactional network serving financial institutions regulated by the Superintendencia de Economía Popular y Solidaria [SEPS], has partnered with BPC, a global leader in payment…
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Ecobank Côte d’Ivoire, Corus International sign collaboration agreement to boost cooperatives in West Africa
ABIDJAN December 20, 2025 — Ecobank Côte d’Ivoire and Corus International recently signed a Memorandum of Understanding [MoU] aimed at strengthening the development, structuring, and professionalisation of agricultural cooperatives in West Africa. This initiative…
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China’s cooperatives report strong sales growth from 2021-2025
BEIJING, December 19, 2025 — The total sales of China’s supply and marketing cooperative system increased at an average annual rate of 8.6 percent during the 14th Five-Year Plan period [2021-2025], according…
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Uganda’s export receipts double year-on-year to Shs 5.3trn – report
KAMPALA, December 19, 2025 — A year-on-year assessment shows that Uganda’s exports almost doubled by 94.4 percent, increasing from US$ 769.62 million in October 2024 to approximately US$ 1.5 billion [approximately Shs…
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Onion and garlic farmers urged to embrace value addition to boost profitability
KAMPALA, December 19, 2025 — Smallholder farmers in Uganda have been urged to adopt value addition across their agricultural value chains by transforming raw produce such as onions and garlic into processed…
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Minister Barugahara attracts mixed reactions on X after decrying low cane prices in Busoga
KAMPALA, December 18, 2025 — The State Minister for Children and Youth Affairs, Balaam Barugahara Ateenyi, has attracted mixed reactions on social media platform X [formally Twitter], after expressing concern over the…
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Uganda launches pilot phase of Okusevinga Money Market Trust Scheme to widen investment access
KAMPALA, December 18, 2025 — The Finance ministry, in partnership with the Bank of Uganda [BoU], has launched the pilot phase of the Okusevinga Money Market Unit Trust Scheme, a new government-backed…
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Uganda, Ethiopia drove Africa’s coffee exports in October – ICO report
KAMPALA, December 18, 2025 — Exports of all forms of coffee from Africa rose by 21.9 percent in October 2025 to 1.73 million bags, up from 1.42mln bags in October 2024, according…
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Registrar rejects BKCU leaders’ bid to relocate crucial meeting to Mbarara
MBARARA CITY, December 18, 2025 – The Registrar of Cooperative Societies, Robert Bariyo Barigye, has rejected a request by the leadership of the Banyankole Kweterana Cooperative Union Limited [BKCU] to change the…
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