Africa
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Africa set to be the second fastest growing region after Asia- new report
CAIRO – Africa is set to be the second fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple global shocks, the…
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Deanne De Vries’ Africa: Open for Business wins the inaugural BCA African Business Book of the Year
LONDON – The Business Council of Africa [ BCA ] concluded its highly anticipated inaugural ceremony of the BCA African Business Book of the Year Awards, honouring exceptional contributions to business literature…
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Farmers’ cooperative bears fruit in dry areas of Eastern Ethiopia
ADDIS ABABA – Malika Ahmed, 34, and her husband and two children, are residents of Genderige kebele in Dir Dawa City administration’s rural area. A founder and member of the Hamilton Fruit…
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Zambia: NAZ SACCO to safeguard interests of members
NAIROBI– Leaders of the National Assembly of Zambia Savings and Credit Cooperative [ NAZ SACCO ] were urged to prioritise and safeguard members’ interests as it seeks to enhance its services, as…
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Ethiopia: Women’s cooperative fund transforms member’s family
ADDIS ABABA – Fantu Alemayehu, a member of a Saving and Credit Cooperative [SACCO] borrowed 3000 birr [US$ 86] three years ago while training in basic business and life skills. Today, she…
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AfDB welcomes Banga’s confirmation as World Bank boss
ABIDJAN– African Development Bank [ AfDB ] President Dr. Akinwumi Adesina has congratulated former MasterCard CEO Ajay Banga for his election as head of the World Bank Group, saying he looks forward…
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Nairobi ready to host 10th TCAMCCO this month
KAMPALA-The 10th Technical Committee of the Africa Ministerial Cooperative Conference [ TCAMCCO ] will be held in Nairobi, Kenya, from May 22-24, 2023, according to International Cooperative Alliance Africa [ICA-Africa], a Region…
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South Africa signs agreement to benefit local cooperatives
JOHANNESBURG-South Africa [SA] has signed an international development cooperation agreement with the German Cooperative Raiffeisen Confederation [GCRC] to benefit local cooperatives, according to the South African Government News Agency. The agreement will…
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Moroccan agricultural cooperative sector, key player in self-employment, says local think tank
RABAT – The Moroccan agricultural cooperative sector is a key player in self-employment and income generation through territorial anchoring, the Policy Center for the New South (PCNS) said recently in a report.…
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Africa’s growth remains low, says World Bank report
KAMPALA-Growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the underperformance of the continent’s largest economies, high inflation, and a sharp deceleration of investment growth, a World…
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