Regions
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Kenya suspends loans for ailing Metropolitan National SACCO
NAIROBI-The Kenyan government and the interim board of the ailing teachers-owned Metropolitan National SACCO Limited, have suspended long-term loans to members, reached out to creditors for loan moratoria and embarked on closure…
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COMESA, partners hold high-level engagement on sidelines of CSW67
NEW YORK -COMESA, the East African Community [EAC] and the Economic Community of West African States [ECOWAS], the three regional economic communities which are jointly implementing the 50 Million African Women Speak…
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World Bank president nominee, Ajay Banga, pledges to partner with AfDB for transformative results
ABIDJANI-US nominee for World Bank Group President, Ajay Banga began his global tour on Monday, with his first stop in Abidjan, Cote d’Ivoire where he met the African Development Bank [AfDB] President…
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EAC and ESAMI to partner on capacity building on regional trade issues
ARUSHA – The EAC Secretary General, Dr. Peter Mathuki, and the Managing Director of the Eastern and Southern African Management Institute [ESAMI], Dr. Martin Lwanga, have signed a Memorandum of Understanding [MoU]…
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Farmers’ stores in Kenya receive subsidised fertiliser
NAKURU-The County Government of Nakuru has begun the operationalisation of stores for the distribution of subsidised fertiliser to the delight of farmers, according to Kenya News Agency. The operationalisation will see farmers…
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Co-operative Bank raises Ksh 12.6bn for lending
NAIROBI-The Co-operative Bank of Kenya has raised a total Ksh 12.6 billion [US$ 100 million] in long-term debt from global institutional investors led by the German fund DEG, according to the local…
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KUSSCO wants money owed by defunct councils remitted
NAIROBI –Kenya Union of Savings and Credit Cooperatives Limited [ KUSSCO ] wants the defunct municipal councils which were succeeded by the county governments and state-owned entities to pay back the defaulted…
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Close to 90 percent of NTBs reported in RECs resolved
LUSAKA– A total of 716 out of 796 [88.9 percent] of the Non-Tariff Barriers [ NTBs ] registered in the online reporting system implemented by the three regional economic communities [RECs] of…
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Probe as cooperatives’ maize shelters collapse in Rwanda
KIGALI – The Ministry of Agriculture and Animal Resources [MINAGRI] in Rwanda is working with other government agencies to examine the recent collapse of maize drying shelters belonging to two cooperatives. According…
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Madagascar: ADF’s agriculture rehabilitation project boosts farmers’ income
ANTANANARIVO -In Madagascar, the South-West Region Agricultural Infrastructure Rehabilitation Project, funded by the African Development Bank [AfDB], has provided a new boost to agriculture, resulting in enhanced farmers’ incomes, according to the project completion report.…
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