Financial
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AFFM investing in women cocoa producers contributes to accelerating progress for Côte d’Ivoire coop
ABIDJAN, March 10, 2024 – San Pedro is located in southwestern Côte d’Ivoire, and producing cocoa alone here can be an uphill battle. For Sandrine Assi, one of San Pedro’s women cocoa…
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Retired police officers in Bunyoro to form SACCO
MASINDI, March 8, 2024 – In a bid to improve their livelihoods, retired police officers in Bunyoro Sub-region under the umbrella of Bunyoro Retired Police Officers Association [BRPOA] have resolved to form…
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Katakwi: Best performing Emyooga SACCOs get Shs 220mln additional seed capital
KATAKWI, March 8, 2024 – Government through the Microfinance Support Center [MSC] has injected additional seed capital of Shs 220 million into 11 successful Emyooga Saving and Credit Cooperative Societies [SACCOs] in…
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House committee supports revival of silkworm project
KAMPALA, March 7, 2024 – The Committee of Science, Technology and Innovation has urged the Minister of Science, Technology and Innovation, Dr. Monicah Musenero, to revive the sericulture project that government was…
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Sugarcane farmers protest Shs 10,000 tax
KIKUUBE, March 7, 2024 – Leaders of Hoima Sugar Limited Out-Growers Association in Kikuube and Hoima districts have expressed dismay after Kikuube District Local Government imposed a Shs 10,000 tax on every…
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Uganda secures Shs 468bln loan from IMF
KAMPALA, March 7, 2024: The Executive Board of the International Monetary Fund [ IMF ] yesterday concluded the fifth review of Uganda’s Extended Credit Facility [ECF] Arrangement, enabling the immediate disbursement of…
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DRC: AfDB to lend over US$110mln to support agricultural transformation
ABIDJAN – Meeting in Abidjan on 14 February 2024, the Board of Directors of the African Development Bank Group [AfDB] approved a loan of US$ 117.9 million to the Democratic Republic of…
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MADFA SACCO starts pre- AGMs in Bunyoro Sub-region
MASINDI, March 6, 2024 – Masindi District Farmers Association Savings and Credit Cooperative Organisation [MADFA SACCO] yesterday started holding pre-Annual General Meetings [pre-AGMs] in different districts in Bunyoro ahead of the main…
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Second edition of Mbarara City Festival slated for June this year
MBARARA, March 5, 2024 – Authorities in Mbarara City in partnership with the Private Sector Foundation Uganda are engaged in the preparation of the second edition of Mbarara City Festival, the inaugural…
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Kenyan SACCOs struggling to recover loans, says regulator
NAIROBI, March 5, 2024 – Savings and Credit Co-operative Organisations [SACCOs] in Kenya are owed Ksh 2.7 billion by various government agencies and private companies that approached the financial cooperatives for the…
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