Africa
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US$550,000 earmarked to conduct study on developing Africa Cloud Ecosystem
LUSAKA-The African Development Bank [AfADB] and the Common Market for Eastern and Southern Africa [COMESA] have signed an agreement for a US$550,000 [about Shs 2 billion] NEPAD Infrastructure Project Preparation Facility [IPPF]…
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African leaders welcome IDA US$93bln as they commit to tackle crises
DAKAR– African Heads of State and Government reaffirmed their commitment to seize key opportunities to respond to multiple crises and steer their economies to transformative paths, in partnership with the World Bank’s…
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Reserves managers face up to tough investment environment
KAMPALA- Most central bank reserves managers are resigned to a period of higher inflation and lower returns, according to a report published today by the global think tank- Official Monetary and Financial…
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Cooperative official urges govt of Nigeria on collaboration
ABUJA– As the world marks 2022 International Cooperative Day today [Saturday], the President of Cooperative Federation of Nigeria [CFN] and International Cooperative Alliance-Africa, Chief Oriyomi Ayeola has called on Federal and state…
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With a billion members worldwide, cooperatives are a force to reckon with
KAMPALA-The cooperative movement is made up of over three million cooperatives with approximately one billion members worldwide from all sectors and regions, according to the International Cooperative Alliance [ICA]. As cooperatives are…
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US$550,000 project to create 200,000 jobs annually in Rwanda
KIGALI- The Government of Rwanda, in partnership with the African Development Bank’s Fund for African Private Sector Assistance, has launched a two-year project to boost industrial capacity in the country and create…
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UNBS elected to ARSO Council
KAMPALA– Uganda, through Uganda National Bureau of Standards [UNBS] has been elected to the African Regional Standards Organization [ ARSO ] as a member of the Board. UNBS will be part of…
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COMESA countries to benefit as officials sign pact to ease regional trade
LUSAKA– COMESA and Texas A&M Agrilife Research, USA have signed a Memorandum of Understanding [MoU] to support mycotoxin risk management involving aflatoxins and fumonisins for trade commodities and staples. This is a…
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Rwanda to host 2022 World Circular Economy Forum in December
KIGALI– The World Circular Economy will, for the first time, take place on African soil in 2022, bringing together participants from around the world to absorb lessons from the continent and the…
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UNWTO gets set to host first global youth tourism summit
SPAIN– The first United Nations World Tourism Organisation [UNWTO] Global Youth Tourism Summit will bring more than 130 young people from 60 countries to Sorrento, Italy, next week, giving them a unique…
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