Regions
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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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Returned South Sudanese refugees break ground at farm cooperative
JUBA-Working with a purpose, returned South Sudanese refugees hope to grow crops at sufficient scale to lift themselves and their community out of a hand-to-mouth existence of grinding poverty in one of…
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Radical changes in the draft Co-operatives Bill
NAIROBI-Co-operative Societies will soon be allowed to sell and purchase members’ shares and trade capital instruments through a Co-operatives platform if the Cooperatives Bill 2021 is passed. If the Bill is passed…
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‘Non-professional teachers’ can receive loans, says Umwalimu SACCO
KIGALI-According to Kigali Today Press, Rwanda’s Umwalimu SACCO management, has had to cancel its earlier decision to suspend issuing of loans to teachers who do not hold postgraduate certificates in education [PGCE].…
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AfDB extends €63.6mln loan for agro-processing project in Senegal
ABIDJAN– The African Development Bank [AfDB] has approved a loan of €63.6 million to Senegal to implement the Agropole-Centre agro-industrial processing zone project. The Ministry of Industrial Development and Small and Medium…
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Somali president says country ready to join EAC
MOGADISHU-Somali president, Hassan Sheikh Mohamud has urged the East African Community [EAC] to fast-track the admission of his country into one of Africa’s dynamic blocs. President Mohamud said Somalia’s bid to join…
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