Africa
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TZ marks record agricultural achievement as AfDB President Adesina urges investment in Africa
ABUJA, November 4, 2024 — Tanzania is setting new benchmarks in food self-sufficiency across Africa, raising hope that the fight against hunger and malnutrition on the continent is achievable. President Samia Suluhu…
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American coop GENEX to support cattle cooperatives in Uganda and two others
KAMPALA, November 4, 2024 — GENEX Cooperative, Inc., a subsidiary of URUS Group in the United States, specialises in importing, distributing, and marketing cattle genetics and providing technical breeding services to farmers and…
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Hershey signs agreement with cocoa cooperatives aimed at improving farmer income and farm resiliency
HERSHEY, Pa., October 31, 2024 — Hershey has announced a five-year agreement with nine cocoa-producing cooperatives in Côte d’Ivoire. The move is part of its “Cocoa For Good” strategy, a 10-year, US$…
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Afreximbank calls for increased collaboration to accelerate the green energy transition in Africa
WASHINGTON D.C., October 31, 2024 — The eighth Babacar Ndiaye Lecture held at the Four Seasons Hotel in Washington D.C., days ago under-scored the need for African nations to strike a balance…
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World-renowned artists, athletes, and others to join The Earthshot Prize in South Africa
JOHANNESBURG, October 28, 2024 – Some of the world’s most influential artists, athletes, musicians, and advocates will join The Earthshot Prize in Cape Town, South Africa this November to spotlight inspiring environmental…
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South Africa: Cabinet approves funding policy for small businesses and cooperatives
JOHANNESBURG, October 29, 2024 — The South African Cabinet recently approved the final funding policy for micro, small and medium enterprises [MSMEs] and cooperatives, for implementation. This was revealed by the Minister…
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Investment conference to strengthen local governments participation in intra-African trade set to be held in Kenya
CAIRO, October 29, 2024 — In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade…
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MDBs sign US$ 1bln exchange exposure agreement to increase development lending capacity to African nations
WASHINGTON, DC., October 28, 2024 — The African Development Bank (AfDB] and the Asian Development Bank [ADB] have signed a US$ 1 billion exchange exposure agreement [EEA] aimed at enhancing the African…
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G7 endorses Global Coffee Sustainability and Resilience Fund, ushering in a new era for the coffee industry
PESCARA, October 26, 2024 ‒ The International Coffee Organisation [ICO] participated for the first time in its history in the G7 Development Ministers’ Meeting in Pescara, Italy from October 22-24, 2024, where…
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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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