Organisations
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Stanbic Bank gives PDM SACCOs free Flexipay smartphones
NAMAYINGO, December 7, 2023 – Stanbic Bank Uganda has rolled out a new initiative aimed at enabling Parish Development Model [PDM] Savings and Credit Cooperative Organisations [SACCOs] access their money with ease.…
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COP28: Africa could lose US$ 25bln per year as new EU carbon tax comes into effect, warns AfDB President
DUBAI, December 7, 2023 – African Development Bank [AfDB] President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalising…
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Commonwealth unveils framework to help African countries implement Living Lands Charter
DUBAI, December 6, 2023 – A new implementation framework was launched yesterday to facilitate coordinated action among the 56 Commonwealth countries, including African member states, on land, biodiversity and climate challenges, directly…
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Multilateral development banks commit to boost collaboration on climate and development
DUBAI, December 5, 2023 – Multilateral development banks [MDBs] attending the 2023 UN Climate Change Conference [COP 28] have affirmed their commitment to a concerted, global action, including increasing co-financing and private…
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Academicians hail former presidents Mkapa, Nyerere at memorial lecture
KAMPALA, December 5, 2023 – A section of academicians in Uganda and Tanzania, have hailed former presidents Benjamin Mkapa and Mwalimu Julius Nyerere for their contributions toward state formation and building across…
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Youth-led African enterprises awarded US$ 800,000 at COP28 for climate solutions
DUBAI, December 5, 2023 – Eight dynamic African young women-led enterprises emerged as winners of the 2023 YouthAdapt challenge. Each enterprise will receive grant funding of up to US$ 100,000 to boost…
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Commonwealth action group launched to help African countries cut methane emissions
DUBAI, December 4, 2023 – A new action group announced in Dubai today will help Commonwealth countries, including African member states, rapidly cut emissions of the potent greenhouse gas methane as part…
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Govt earning big from fish maw exports, says URA
KAMPALA, December 1, 2023 – The Uganda Revenue Authority [URA] has reported a significant increase in tax revenue from fish maw exports since the introduction of an eight percent export levy under…
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COMESA decries longstanding NTBs across borders
LUSAKA, December 1, 2023 – Longstanding Non-Tariff Barriers [ NTBs ] constitute 63,6 percent of total outstanding NTBs in the COMESA region, with some of these remaining unresolved for an average period…
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Resource-rich Africa has no excuse to remain poor, says AfDB boss
ABUJA, November 30, 2023 – With US$ 6.2 trillion worth of natural resources, 65 percent of the world’s uncultivated arable land, and a vibrant youth population, Africa has no excuse to be…
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