Africa
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Nigerian coop society offers soft loans to staff
ABUJA, March 11, 2024 – The Nigeria Correctional Service Cooperative Society [NCoS] said recently it gave out soft loans to members to cushion them from the biting economy. The General Manager of…
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AFFM investing in women cocoa producers contributes to accelerating progress for Côte d’Ivoire coop
ABIDJAN, March 10, 2024 – San Pedro is located in southwestern Côte d’Ivoire, and producing cocoa alone here can be an uphill battle. For Sandrine Assi, one of San Pedro’s women cocoa…
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DRC: AfDB to lend over US$110mln to support agricultural transformation
ABIDJAN – Meeting in Abidjan on 14 February 2024, the Board of Directors of the African Development Bank Group [AfDB] approved a loan of US$ 117.9 million to the Democratic Republic of…
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Aviation experts push for model bilateral air services agreement
KAMPALA, February 28, 2024 – Aviation officials from the Eastern Africa-Southern Africa and Indian Ocean region are making steady progress in reviewing and having a model Bilateral Air Services Agreement [BASA] that conforms…
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COMESA, WBG to launch US$ 50mln project to promote energy access
LUSAKA, February 29, 2024 – The Common Market for Eastern and Southern Africa [COMESA] and the World Bank are set to implement a US$ 50 million regional platform to support COMESA Member…
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AfDB approves US$ 150mln for Trade & Development Bank
ABIDJAN, February 29, 2024 – The Board of Directors of the African Development Bank [AfDB] has approved a US$ 150 million Trade Finance Unfunded Risk Participation Agreement [RPA] facility between the AfDB,…
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AU names coffee a strategic commodity
ADDIS ABABA, February 23, 2024 – The 37th Ordinary Session of the Assembly of the African Union [AU] recently approved the naming of coffee as a strategic commodity during its second 10-year …
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Unlocking Africa’s AI potential
CAPE TOWN, February 22, 2024 – In 2024, Africa stands at the precipice of an Artificial Intelligence [ AI ] revolution. With a projected market size of US$ 18.33 billion by 2030,…
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