Trade
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MDBs sign US$ 1bln exchange exposure agreement to increase development lending capacity to African nations
WASHINGTON, DC., October 28, 2024 — The African Development Bank (AfDB] and the Asian Development Bank [ADB] have signed a US$ 1 billion exchange exposure agreement [EEA] aimed at enhancing the African…
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Eliminate all barriers to transportation in region, EAC Partner States urged
ARUSHA, October 28, 2024 — The East African Community [ EAC ] Partner States have been called upon to eliminate all physical and non-physical barriers to transportation to enhance cross-border trade and…
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Fishing: Amolatar district boss demands withdrawal of UPDF from L. Kyoga
AMOLATAR, October 28, 2024 — Geoffrey Ocen Kiring, the LC5 Chairperson of Amolatar district, has called for an amendment to the Fisheries and Aquaculture Act, 2023, to allow fishermen to use boats…
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Uganda aims to reactivate 1963 trade deal with Serbia
KAMPALA, October 26, 2024 — State Minister for Trade Gen. Wilson Mbadi Mbasu has led a delegation to Serbia for a Joint Commission for Trade Cooperation session in Belgrade. This trade mission…
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G7 endorses Global Coffee Sustainability and Resilience Fund, ushering in a new era for the coffee industry
PESCARA, October 26, 2024 ‒ The International Coffee Organisation [ICO] participated for the first time in its history in the G7 Development Ministers’ Meeting in Pescara, Italy from October 22-24, 2024, where…
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SACCO and VSLA leaders trained on governance and financial literacy
GULU CITY, October 25, 2024 — One hundred twenty leaders from Savings and Credit Cooperative Organizations [ SACCOs ] and Village Savings and Loan Associations [VSLAs] in the Acholi Subregion have completed…
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Widespread progress in African financial markets
KAMPALA, October 25, 2024 — There have been clear improvements across countries in the Absa Africa Financial Markets Index 2024. Scores have risen for 23 countries [82 percent], which is the highest…
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World Bank Group advances Gender Strategy, unveils economic opportunity ambition
WASHINGTON, Oct, 24, 2024 – The World Bank Group today took the first steps toward implementing Gender Strategy 2030, announcing a set of actions and concrete goals that aim to boost economic opportunities…
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UMRA and Post Bank sign MoU to digitalise SACCO operations
KAMPALA, October 23, 2024 – The Uganda Microfinance Regulatory Authority [UMRA] and Post Bank Uganda have signed a memorandum of understanding (MoU) aimed at digitalising the operations of all Savings and Credit…
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The CLEAR Supply Chains project trains Ugandan employers and workers in coffee sector on collective bargaining
KAMPALA, October 20, 2024 — The right of workers and employers to freely form or join organisations and to engage in collective bargaining are fundamental principles and rights at work. Even though…
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