Topics
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AfDB approves US$ 16.5mln loan to boost Kenya’s clean energy transition
NAIROBI, January 26, 2026 — TheAfrican Development Bank Group [AfDB] has approved a loan of US$ 16.5 million to support the development of the 35 MW OrPower Twenty-Two [OTTL] Geothermal Power Plant,…
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Cooperative banks hailed as pillars of Europe’s economy at landmark EACB General Assembly
ALMERIA, January 26, 2026— Cooperative banks have been reaffirmed as vital engines of Europe’s economy following the 57th General Assembly of the European Association of Cooperative Banks [EACB], held in Almería and…
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UNCCI unveils Shs 5.8 billion Chamber House plan
LIRA CITY, January 26, 2026 — The Uganda National Chamber of Commerce and Industry [UNCCI], Lira and Lango Chapter, has unveiled plans to construct a Shs5.8 billion state-of-the-art Chamber House, a landmark…
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Bishop urges Bunyoro residents to embrace coffee and cocoa farming
HOIMA, January 26, 2026 — The Bishop of Bunyoro Kitara Diocese, Rt. Rev. Jacob Ateirweho, has called on Christians and residents of the Bunyoro Sub-region to embrace coffee and cocoa farming as…
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Brazil’s largest coffee cooperative linked to new slave labour cases during 2025 harvest
BRASÍLIA, January 25, 2026 — Brazil’s largest coffee cooperative, Cooxupé, has suspended five member growers caught using slave labour during the 2025 harvest. The five are among 15 coffee producers fined during…
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FINCA commits over Shs 100mln to support flood-affected Kampala traders
KAMPALA, January 25, 2026 — FINCA Uganda has committed more than Shs100 million towards a relief initiative aimed at supporting traders whose businesses were severely affected by flash floods caused by heavy…
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Africa’s gas monetisation opportunity: Balancing exports and domestic demand
CAPE TOWN, January 25, 2026— Africa’s natural gas potential is undeniably significant, with the continent ranking second globally in terms of discovered but undeveloped gas resources. According to the African Energy Chamber’s…
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Nedbank moves to acquire 66 percent stake in NCBA Group
KAMPALA, January 24, 2026 — NCBA Group PLC [NCBA] has announced that it has received a Strategic Investment Proposal and a Notice of Intention [NOI] from Nedbank Group Limited to acquire approximately…
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ISO seeks extra Shs 218bln to enhance intelligence, monitor PDM funds
KAMPALA, January 24, 2026 — The Internal Security Organisation [ ISO ] has asked Parliament for an additional Shs 218 billion in the 2026/27 financial year [FY] to strengthen intelligence collection and…
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Afreximbank terminates its credit rating relationship with Fitch Ratigs
KAMPALA, January 24, 2026 — African Export-Import Bank [ Afreximbank ] has today officially terminated its credit rating relationship with Fitch Ratings. This decision follows a review of the relationship, and its…
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