Financial
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UCSCU let down as EBO SACCO opts for BoU regulation
MBARARA, 3rd February 2025 – The Vice Chairman of the Uganda Cooperative Savings and Credit Union [ UCSCU ], Stephen Bongonzya, has expressed his disappointment regarding some of the larger Savings and…
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Mission 300: African leaders pledge to advance clean cooking solutions for Africa at milestone Energy Summit
DAR ES SALAAM, February 2, 2025 — African countries have taken bold commitments to implement clean cooking energy solutions to offset the devastating effects of open fire cooking which kills roughly 600,000…
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Sustainable Energy Fund for Africa gets more funding to boost electricity connectivity
DAR ES SALAAM, January 31, 2025 — Denmark, the United Kingdom, Spain and France have unveiled new or additional contributions to the Sustainable Energy Fund for Africa, demonstrating strong support for the…
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Kikuube schools to undergo facelift after receiving Shs 1bln
KIKUUBE, January 31, 2025 – Seven schools in Kikuube district are set to benefit from a major renovation project after the Kikuube District Local Government launched the refurbishment of dilapidated school structures.…
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Soroti Blood Bank receives new ambulance worth Shs 300mln
SOROTI CITY, January 31, 2025 – Service delivery is expected to improve at Soroti Regional Blood Bank following the arrival of a new ambulance valued at Shs 300 million. While handing over…
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Columbia cooperative given US$ 500mln for clean energy projects
COLUMBIA, January 30, 2025 – The power supplier for South Carolina’s 19 electric cooperatives has secured US$ 500 million in federal support for several clean energy projects needed to meet the Palmetto State’s…
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MPs reject free land for Bunyoro University over Shs 4.9bln compensation for trees
KAMPALA, January 30, 2025 – Members of Parliament [MPs] have advised government against acquiring free land to establish Bunyoro University after the landowner demanded Shs 4.9 billion in compensation for his pine…
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Tanzania summit declaration vows to connect 300mln Africans with cheap electricity within five years
DAR ES SALAAM, January 29, 2025 — African leaders committed on Tuesday to delivering affordable electricity to 300 million people across the continent within five years. The pledge, known as the Dar es Salaam…
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Over 700 youth in Albertine Graben empowered with vocational skills
KAKUMIRO, January 29, 2025 – In preparation for the opportunities in the oil and gas sector in the oil-rich Albertine Graben, over 754 youth from households affected by the East African Crude…
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Local sports clubs can borrow a leaf and turn to a cooperative business model for sustainability
KAMPALA, January 28, 2025 – According to the International Cooperative Alliance [ICA], a cooperative is defined in the Statement on the Cooperative Identity as an autonomous association of persons united voluntarily to meet their common…
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