Africa
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ACCOSCA promoted to WOCCU direct member organisation
VANCOUVER – World Council of Credit Unions [WOCCU] has an additional direct member organisation. This follows the approval of the African Confederation of Cooperative Savings and Credit Association’s [ ACCOSCA ] promotion…
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Saudi Arabia contributes US$ 2mln towards construction of new COMESA headquarters
LUSAKA – The Government of the Royal Kingdom of Saudi Arabia has donated US$ 2 million towards the construction of a new permanent headquarters for COMESA in Lusaka, Zambia. Saudi Ambassador to…
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Partners express support for US$ 900mln Mauritania-Mali power line
NOUAKCHOTT – Development partners have committed to mobilize funding for a US$ 900 million multinational power transmission line between Mauritania and Mali, connecting 620,000 people to electricity. The partners made the commitment…
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Cocoa cooperatives in Ghana launch forum for collective action
ACCRA – Cocoa cooperatives in Ghana have developed a strong governance structure that will enable them to speak up as one and be represented across all decision-making affecting the livelihoods of their…
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Former Arsenal star Eboue sends warm wishes ahead of Africa’s World Cup qualifiers
ABIDJANI– The FIFA World Cup African preliminary qualifiers were recently conducted in Abidjan, Cote d’Ivoire. As expected, a tough but exciting journey lies ahead for all 54 nations competing for the 9…
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End NTBs to boost intra-African food trade, AU Member States urged
ARUSHA – African Union [ AU ] Members States have been called upon to adopt policies to encourage intra-African trade in food production by among other things removing Non-tariff Barriers [NTBs] that…
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ITC Supports coffee producers in Liberia through cooperative training
MONROVIA – The International Trade Centre [ITC] in partnership with the Farmers Union Network of Liberia [FUNL], has initiated a week-long training programme focused on the significance of cooperatives for coffee producers.…
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Africa: institutional investors sign on to new US$ 500mln infrastructure fund
ABIDJANI– Prominent African and global institutional investors have signed on to the new US$ 500 million Africa50 Infrastructure Acceleration Fund – a move described as an unprecedented milestone for Africa. The fund…
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Africa coffee exports plummet 7.2 percent
KAMPALA – Exports of all forms of coffee from Africa decreased by 7.2 percent to 1.14 million bags in May 2023 from 1.23mln bags in May 2022, says International Coffee Organisation [ICO]…
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Cooperative societies urge Tinubu to establish commission to boost economy
ABUJA – Cooperative societies in Nigeria have called on President Bola Tinubu’s administration to establish the Cooperative Commission of Nigeria [CCN]. According to them, if established, the commission will address the long-standing…
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