Regions
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Academy launched in Kenya to boost capacity of SACCO staff
NAIROBI-SACCOS in Kenya stand to be managed better with the recent establishment of the African Confederation of Cooperative and Credit Associations [ACCOSCA] Academy in the country. The academy, said to be the…
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COMESA gets over US$ 6mln grant to boost pharmaceutical sector
ABIDJANI-The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, this month approved a US$ 6.63 million grant to the Common Market for…
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Malawi: IMF approves US$ 88.3mln in emergency financing support
BLANTYRE-The Executive Board of the International Monetary Fund [IMF] has approved a disbursement of US$88.327 million [SDR 69.40 million] under the Food Shock Window of the Rapid Credit Facility to help Malawi…
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Hustlers’ Fund to be accessed through SMS short code
NAIROBI-The Hustlers’ Fund set to be launched in Kenya at the end of this month will not require any official registration, according to Sacco Review reports. Co-operative and Micro, Small, and Medium…
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Qwetu Sacco now has own home
VOI-Qwetu Sacco has turned a new page as an important sector player by launching the new Qwetu Sacco Plaza in the heart of Voi town, a key milestone in their quest to…
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Meet Labaran, the new ICA-Africa Youth President
ABUJA-Abubakar Sadiq Labaran became the second Presidnet of International Cooperative Alliance-Africa [ICA-Africa] Youth Network. Labaran was elected president in a recent by-election that took place during the Members’ Forum in Cairo, Egypt.…
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AfDB clears over US$ 20mln for agro-pastoral project in Burundi
BUJUMBURA– The African Development Bank [AfDB] Group days ago greenlighted the award of a US$ 23.26 million grant to Burundi to implement the Agro-Pastoral Entrepreneurship and Professional Development Project for the Youth…
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WBG approves US$ 497mln to fund lowering of greenhouse gas emissions in South Africa
WASHINGTON-The World Bank Group [WBG] days ago approved a request by South Africa a $497 million project to decommission and repurpose the Komati coal-fired power plant using renewables and batteries. The project…
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CS Chelugui outlines agenda for cooperatives sector
NAIROBI-Simon Kiprono Chelugui took over the Cooperatives and Micro, Small and Medium Enterprises [MSME] Ministry early last week, promising to address mismanagement in cooperatives. Chelugui took over from Peter Munya, who was…
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Partners to unlock the entrepreneurial capacity of women-led enterprises in Africa
NAIROBI-Africa Enterprise Challenge Fund [AECF] and the Africa Development Bank Group’s Affirmative Finance Action for Women in Africa [AFAWA] initiative have partnered to scale and realise the entrepreneurial capacity, feasibility and sustainability…
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