Africa
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IFC invests in Equator Africa Fund I to support African climate sector tech businesses
NAIROBI, October 4, 2024 –The International Finance Corporation [ IFC ] is to invest in Equator Africa Fund I, marking its first-ever investment in a venture capital fund entirely focused on supporting…
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Ivorian Fintech, Daba Finance crowned 2024 Ecobank Fintech Challenge winner, taking home US$ 50,000
LOMÉ, September 30, 2024 — Ecobank, the leading pan-African financial services group, announced Daba Finance, the Ivorian Fintech, as the Grand Winner of its flagship Ecobank Fintech Challenge 2024. Twelve innovative fintech startups competed…
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New opportunities: Minister Nankabirwa to unpack Africa’s energy success story
KAMPALA, September 30, 2024 — Uganda Minister of Energy and Mineral Development Ruth Nankabirwa Ssentamu describes how the country became one of the great new energy frontiers on the continent, as a…
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Model Law on Cooperatives for Africa: Taxation, self-regulation among key issues cited
KAMPALA, September 30, 2024 — The Pan African Parliament [PAP] recently adopted the Model Law on Cooperative for Africa. The Law has over 40 articles that the cooperative movement or cooperatives in…
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Model Law on Cooperatives for Africa: What you must know
KAMPALA, September 27, 2024 –The Pan African Parliament [PAP] recently adopted the Model Law on Cooperatives which will serve as a framework to guide the development and review of cooperative legislation across the continent.…
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Industry experts and philanthropists call for funding of adolescent sexual and reproductive health in Africa
NEW YORK, September 26, 2024 – A high-level panel of industry leaders, and philanthropists have jointly called for existing and new collaborators to advocate, partner, and fund innovative financing models for adolescent sexual…
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Energy experts call for enhanced electricity regulations in COMESA
ADDIS ABABA, September 26, 2024– African energy experts and stakeholders have urged governments in the COMESA region to enhance electricity regulations. The group made the call recently as they convened in Addis…
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M-KOPA reaches 5mln customers, unlocking US$ 1.5bln in credit across five markets
KAMPALA, September 25, 2024 — MP-KOPA, a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. Two million of these customers…
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COMESA Launches Horticulture Trade Mission to the European Union
KAMPALA, September 24, 2024 — Representatives of 11 Small and Medium Enterprises [SMEs] from Egypt, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Uganda, Zambia, and Zimbabwe recently undertook a horticulture engagement mission to the…
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Nigeria to import Uganda’s milk and coffee
MBARARA CITY, September 21, 2024 — Uganda will soon begin exporting milk and coffee to Nigeria, Africa’s biggest economy With a GDP estimated at $477 billion in 2022. This was revealed recently…
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