Financial
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Ecobank and the IFC partner to empower Ivorian women’s businesses
CASABLANCA, December 11, 2024 — Ecobank Côte d’Ivoire, part of the leading pan-African financial services group, has signed a landmark Memorandum of Understanding [MOU] with the International Finance Corporation [IFC] to roll…
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Rotary commissions Shs 140.6mln water project in Mbale
MBALE, December 11, 2024 — The Rotary Club of Mbale Metropolitan has officially launched and handed over a construction site for a US$ 38,000 [about Shs 140.6 million] water project in Lumbuku…
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Coffee farmers urge gov’t to engage EU over deforestation law
HOIMA, December 10, 2024 — Coffee farmers in Bunyoro subregion are urging government to engage with the European Union [EU] regarding the possibility of relaxing the deforestation law, known as the European…
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Shs 366mln renovation works begin on Mbarara City bridge
MBARARA CITY, December 9, 2024 – Renovation work on Katete Bridge in Mbarara City officially began today, almost a year after the bridge became unmotorable, hurting transportation and trade in the area.…
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Low cassava prices hit Nebbi farmers
NEBBI, December 9, 2024 — Farmers venturing into cassava farming in Nebbi district are threatening to abandon the enterprise, citing low prices in the local and foreign markets. They said a kilo of…
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Three Kabarole PDM officials arrested over Extortion
KABAROLE, December 9, 2024 — Three officials from the Parish Development Model [PDM] in Kiko Town Council, Kabarole district, have been arrested for allegedly obtaining money through false pretences. The suspects, identified…
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Nebbi priests form SACCO to improve livelihoods
NEBBI, December 7, 2024 – Catholic priests in Nebbi district have formed the Nebbi Diocesan Development Association SACCO (NEDA) to enhance their livelihoods. The priests stated that the SACCO would help them increase…
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Banks sign partnership agreement to strengthen trade finance in Africa
RABAT, December 7, 2024 — The African Development Bank [AfDB], and the Eastern and Southern African Trade and Development Bank [TDB] have signed an agreement for a US$ 150 million Trade Finance…
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Money lending: Mbarara leaders welcome 2.8 percent interest rate cap
MBARARA, December 6, 2024 – Leaders from Mbarara and the broader Ankole Sub-region have praised the government for introducing an interest rate of 2.8 percent per month on loans charged by the…
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Museveni urges Karamoja to embrace wealth creation through skills and modernisation
NAPAK, December 6, 2024: President Yoweri Kaguta Museveni has advised the people of Karamoja to adopt commercial agriculture, industrialisation, and other sectors of the economy to uplift themselves from poverty and create…
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