Africa
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AfDB and partners launch US$ 520mln for special agro-industrial processing zones in Nigeria
ABUJA– Nigeria on Monday began its long journey to end hunger and achieve food security by launching the Special Agro-industrial Processing Zones [SAPZ], a programme initiated by the African Development Bank [AfDB].…
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Scaling up agriculture: Continental lenders pledge to mobilise credit for women
ABIDJAN-Development lenders in Africa can seize the current global crises as an impetus to help the continent significantly increase food production, especially by supporting women. This was a common conclusion of panelists…
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Kenya co-ops top in Africa, says WOCCU report
NAIROBI-Co-operatives in Kenya top in African content with high membership and wealth, a new Statistical Report by the World Council of Credit Unions [ WOCCU ]shows. The report indicates that 9,041 Co-operative…
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AfDB, COMESA hold workshop on harmonised consumer price indices in Africa
NAIVASHA– COMESA in collaboration with the African Development Bank [AfDB] last week conducted a five-day regional workshop in Naivasha, Kenya on harmonising consumer price indices in Africa. The aim is to improve…
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AfDB approves US$ 3mln in additional financing for Liberia’s Special Agro-Processing Zone scheme
ABIDJANI – The Board of Directors of the African Development Bank [AfDB]Group has approved an additional $3 million of mixed financing for the Special Agro-Industrial Processing Zone project in Liberia. The financing,…
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States urged to upscale utilisation of COMESA Free Trade Preferences
LUSAKA – Partner States in the COMESA Free Trade Area have been urged to upscale utilisation of the preferences provided under the free trade area [FTA] regime. Currently, it is estimated that…
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Africa Investment Forum Market Days 2022 set for early November
ABIDJANI-The third edition of the Africa Investment Market Days is fast approaching, according to its schedule. Taking place in Abidjan, Côte d’Ivoire, from November 2-4, 2022, the Africa Investment Forum [AIF2022] will…
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High inflation: World Bank advises African gov’ts to restore macro-economic stability and protect the poor
WASHINGTON-Global headwinds are slowing Africa’s economic growth as countries continue to contend with rising inflation, hindering progress on poverty reduction. The risk of stagflation comes at a time when high interest rates…
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How smoked fish vendors’ co-op is fighting climate change in Gabon
LIBREVILLE –A young woman unloads cases of freshly caught fish from her boat onto the dock of the banks of the Ogooué river near the fish market of Lambaréné in Gabon. Marilou…
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AfDB project boosts agricultural yields for youth enterprises in Madagascar
ANTANANARIVO-Launched in 2016, the Young Rural Enterprises Project in the Central West of Madagascar has helped improve agricultural yields. Yields of rice and maize doubled, according to a project a recent progress…
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