Africa
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TCAMCCO slated for May in Nairobi
KAMPALA-The 10th Technical Committee of the Africa Ministerial Cooperative Conference [ TCAMCCO ] will take place at Panafric Sarova Hotel in Nairobi, Kenya Nairobi from May 22-24, 2023, according to Dr.Chiyoge Sifa,…
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African economies remain upbeat despite multiple shocks, says AfDB official
KAMPALA-African economies remain resilient despite experiencing multiple shocks, with 53 out of 54 African countries seen maintaining positive growth and a stable outlook for the 2023/24 period, the African Development Bank has…
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COMESA: National accounts statisticians trained on GDP rebasing
More than 70 national accounts statisticians from 37 countries in Africa have participated in a workshop on Gross Domestic Product [GDP] rebasing in the framework of the 2008 System of National Accounts…
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Africa’s coffee exports drop 9 percent in December 2022
KAMPALA -Exports of all forms of coffee from Africa decreased by 9 percent to 0.97 million bags in December 2022 from 1.13mln bags in December 2021, according to International Coffee Organisation [ICO].…
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How the Africa Energy Bank is Re-Writing the Frontier Investment Playbook
LAGOS, February 3, 2026 — While global exploration and production capital expenditure is set to reach US$ 504 billion in 2026, the upstream market is also entering a period of heightened discipline.…
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Reducing cost of basic foodstuffs in Africa: Govts urged to provide investment incentives
NAIROBI-African countries have been asked to provide investment incentives to businesses operating in the agribusiness, green and blue economy in order to reduce the soaring costs of basic foodstuffs coupled with rising…
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AfDB to launch inaugural Africa’s Macro-Economic Performance and Outlook report
The African Development Bank [AfDB] Group will launch the inaugural edition of Africa’s Macro-economic Performance and Outlook [MEO] report on January 19, 2023, at its Abidjan Headquarters, according to Emeka Anuforo, the…
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AfDB’s Shs 518mln AgriPitch Competition names 25 finalists
KAMPALA-Twenty-five youth-led agriculture sector companies from 14 African countries have advanced to the finalist round of the African Development Bank Group’s 2022 AgriPitch Competition. The Bank, in collaboration with the implementing lead…
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Africa’s coffee exports were 6.8 percent up in November 2022
KAMPALA-Exports of all forms of coffee from Africa increased by 6.8 percent to 1.09 million bags in November 2022 from 1.02mln bags in November 2021, the International Coffee Organisation [ICO] says in…
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Over US$1 billion worth of customs bonds executed in the north and central transport corridors
LUSAKA-Over 1,282 Regional Customs Transit Bonds, amounting to US$1 billion have been executed in the northern and central transport corridors in 2022 alone signifying a reduction in cost of transit and transport…
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