Africa
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Global coffee exports drop 11.6 percent in September 2023
KAMPALA, November 6, 2023 – Global green bean exports in September 2023 were 7.8 million bags, as compared with 8.83mln bags in the same month of the previous year, down 11.6 percent,…
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Trade with Asia buttresses Africa’s US$ 1trn export opportunity
NAIROBI, November 4, 2023 – Africa’s total exports will reach US$ 952 billion by 2035, supported by high‑growth corridors both between African regions and with regions beyond including Asia and the Middle…
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AfDB approves over US$ 196mln loan to modernise railway infrastructure in Namibia
KAMPALA, November 3, 2023 – The African Development Bank Group [AfDB] has approved a loan of US$ 196.43 million for Namibia to implement the second phase of its Transport Infrastructure Improvement Project…
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COMESA sees 15 percent rise in global trade
KAMPALA, November 1, 2023 – COMESA’s trade globally and within the region has recorded a significant increase with the total exports to the world gaining by 15 percent from US$ 179 billion…
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Nairobi to host next African Fertiliser Summit
KAMPALA, November 1, 2023 – The Kenyan capital will host the African Fertiliser and Soil Health Summit from November 5 to 7, 2023. Organised by the African Union Commission [AUC], through the…
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US to remove Uganda, others from AGOA trade programme
KAMPALA, October 31, 2023 – The President of the United States, Joe Biden said on Monday that his government intends to end the participation of Uganda, Gabon, Niger, and the Central African…
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Cocoa production in Ivory Coast expected to fall by 28.5 percent
ABIDJAN, October 27, 2023 – Cocoa shipments to ports in Ivory Coast are expected to fall by 28.5 percent year-on-year in the first quarter of the 2023/2024 season due to erratic weather…
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Egyptian giants Al Ahly expect tough match against Simba SC
DODOMA, October 20, 2023 – Al Ahly skipper Mohamed El Shenawy says the Egyptian team expects a tough outing when they take on Tanzanian giants Simba SC, in the opening game of…
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Egypt issues Africa’s first Sustainable Panda Bond worth US$ 478.7mln
CAIRO, October 18, 2023 – Egypt has successfully issued a three-year Sustainability Panda Bond worth US$ 478.7 million. The North African nation is the first on the continent to do so, a…
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CUA to create awareness on financial empowerment
ACCRA, October 16, 2023 – The Ghana Cooperative Credit Unions Association [ CUA ] says it will use its 55th anniversary celebration to showcase how it is empowering citizens to gain financial…
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