Trade
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Boda Boda riders to form their own bank following initiative launch
KAMPALA, February 5, 2025 –– The United Boda Boda Cooperative Union recently launched the National Boda Boda Stage Development Model, an initiative designed to unlock the financial independence of the commercial riders…
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Only 21 percent of GROW project funds expended, says new report
HOIMA CITY, February 5, 2025 – In his latest audit report for the year ending December 31, 2024, Auditor General Edward Akol reveals that only 21 percent of the funds disbursed under…
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SACCO official warns over proliferation of unregulated SACCOs
BUSIA, February 5, 2025 — Kenya’s Mwalimu Saving and Credit Cooperative Society [SACCO] Homa Bay Branch Manager Eunice Oketch, has urged those in the informal sector to join financial institutions that are…
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Challenges hinder performance of National Oil Seed Project
KAMPALA, February 4, 2025 — The National Oil Seed Project [NOSP], which aims to support farmers in 81 districts across Uganda, is facing significant setbacks that could affect its overall performance and…
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The Uhuru Institute, universities to revolutionise graduate skills development through cooperative apprenticeships
KAMPALA, February 4, 2025 – In a landmark move to bridge the gap between academia and practical skills development, The Uhuru Institute for Social Development [TUI] has entered a Memorandum of Understanding…
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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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CM50 a new global network of coop and mutual leaders
LONDON, February 2, 2025 – – Recently, a soft launch meeting of the Cooperatives and Mutuals Leadership Circle [CM50] was held,., bringing together 35 cooperative and mutual leaders from across the globe,…
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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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Adult literacy programme empowers Lira locals with business skills
LIRA CITY, January 31, 2025 – The Great Salvation Ministry, a local church in Lira City is empowering the elderly, youth, and people with disabilities [PWDs] in Kakoge C, Kakoge Ward, Lira…
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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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