East Africa
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Militant group Kills 8 farmers in DRC
BUNIA — Eight farmers were killed early this week in an attack blamed on a militant group targeting three villages in northeast DR Congo, a local official said, local and foreign media sources…
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Ruto to officiate launch of State of Migration in East and Horn of Africa Report
KAMPALA-The President of Kenya, William Samoei Ruto is expected to grace the launch of the flagship report titled ‘The State of Migration in the East and Horn of Africa’’ on May 2,…
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Boda boda riders urged to form SACCOs
NAIROBI – According to Kenya’s Co-op News, boda boda operators in Nandi County have been asked to form SACCOs to benefit from national and county government empowerment programmes. Nandi Governor, Stephen Sang…
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Tabasamu SACCO storms billionaires’ club
NAIROBI-Tabasamu SACCO has crossed the one billion mark to join the league of billionaire SACCOs in Kenya, according to local news agencies that have reported on the financials of the microfinance institution.…
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EAC to digitalise CET to enhance private sector participation in international trade
ARUSHA-The East African Community [EAC] Secretariat with support from the World Customs Organization [WCO], has commenced the process of digitalisation of its Common External Tariff [ CET ]. The digitalisation efforts are…
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AfDB approves trade finance transaction guarantee facility to Bancobu
BUJUMBURA – The African Development Bank [AfDB] Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi [ Bancobu ], Leveraging Bancobu’s strategic footprint in the East African…
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Imarika Sacco releases impressive financial statement
NAIROBI -Imarika SACCO defied a harsh business environment in 2022 to post growth, according to Kenyan news agencies. The growth was boosted by its asset base, which improved to Ksh 11.66 billion…
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KMRC to provide affordable mortgages through banks, SACCOs
NAIROBI – The Kenya Mortgage Refinance Company [KMRC], a public-private partnership established to provide mortgage liquidity facilities to banks, microfinance institutions, and SACCOs, has made its home loans attractive and affordable. Local…
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Boresha SACCO told to gear up for Hustler Fund as Tower SACCO gets new director
NAIROBI- Baringo County’s cooperative officer David Maina has advised Boresha SACCO members to organise themselves if they are to benefit from Hustler Fund’s second phase, according to the local media outlets. Maina…
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Kakuzi to pay record Ksh 470mln dividend on higher earnings
NAIROBI-Kenyan agricultural firm Kakuzi Plc is set to pay a record dividend of Ksh 24 per share or a total of Ksh 470.3 million for the year ended December, riding on strong…
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