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Co-operative Bank of Kenya plans restructuring to holding company model
NAIROBI, April 26, 2025 — Co-operative Bank of Kenya, which last year posted its strongest-ever financial results, has unveiled plans for a significant corporate reorganisation that would see it transition into a…
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US credit unions warn CDFI funding cuts could hit small business lending
WASHINGTON DC., April 26, 2026 — US credit unions have warned that proposed cuts to the Community Development Financial Institutions [CDFI] Fund could undermine lending to small businesses in underserved communities. As…
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BoU trains credit providers to strengthen compliance and enhance information sharing
KAMPALA, April 25, 2026 — The Bank of Uganda [BoU], through its Non-Bank Financial Institutions [NBFI] Department, has held a workshop for accredited credit providers [ACPs] in the country aimed at strengthening…
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Italy–AfDB Deal To Unlock African Business Growth
WASHINGTON D.C., April 25, 2026 — The Government of Italy, through the Ministry of Economy and Finance and the Ministry of Foreign Affairs and International Cooperation and the African Development Bank Group…
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Coffee companies launch satellite initiative to track deforestation linked to cultivation
KAMPALA, April 25, 2026 — Several coffee companies and traders, including JDE Peet’s, Tchibo and commodities giant Louis Dreyfus Company, have joined forces to launch a global initiative aimed at tracking deforestation…
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Six PDM training centres opened in Nebbi Municipality empower beneficiaries
NEBBI, April 25, 2026 — In a bid to enhance agricultural sustainability and strengthen the capacity of the Parish Development Model [PDM] beneficiaries, six demonstration centres have been established across the three…
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Sierra Leone deepens upstream ambitions with Shell reconnaissance deal
FREETOWN, April 24, 2026 — Sierra Leone has strengthened its upstream petroleum ambitions with the signing of a Reconnaissance Permit Agreement with Shell Exploration Company B.V., marking a significant step in its…
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AFC opens Nairobi office, targets additional US$ 2bln in regional investments
NAIROBI, April 24, 2026 — The Africa Finance Corporation [ AFC ] and the Government of Kenya have signed a Host Country Agreement establishing AFC’s first regional office in Nairobi, strengthening the…
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Uganda Airlines holds AGM amid push for increased funding
KAMPALA, April 24, 2026 — The national carrier, Uganda National Airlines Company Limited, has called for increased funding to sustain its operations in an increasingly competitive regional aviation industry. Speaking at the…
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Africa’s domestic capital overtakes external flows, signalling shift in development financing — AFC report
KAMPALA, April 23, 2026 — Africa’s domestic capital base has surpassed external financing flows over the past decade, marking a decisive shift in how the continent funds its growth and industrialisation, according…
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