Africa
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News
UTB, Emirates sign MoU to stimulate inbound tourism
KAMPALA, May 14, 2024 – The Uganda Tourism Board [UTB] has signed a Memorandum of Understanding (MoU) with Emirates to drive inbound tourism and boost visitors to Uganda, the Pearl of Africa.…
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News
AfDB proposes Annual Africa Media Prize to promote more balanced reporting of continent and its achievements
NAIROBI, May 11, 2024 – Akinwumi Adesina, the President of the African Development Bank [AfDB], announced the creation of an Annual Africa Media Prize to recognise and profile African journalists, correspondents, and…
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News
Putting clients first: Centurion Law Group rebrands as CLG
SANDTON, May 9, 2024 – Pan-African legal and business advisory group Centurion Law Group has officially rebranded to CLG, underscoring a firm-wide commitment to innovation and growth. According to the press release,…
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News
ITFC signs multiple agreements with member countries, Uganda gets US$ 150mln
RIYADH, April 29, 2024 – The International Islamic Trade Finance Corporation [ ITFC ], a member of the Islamic Development Bank [IsDB] Group, commenced the first day of the 49th IsDB Group…
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News
AFSA officially launches “Seed Is Life” campaign to uphold farmer-managed seed systems
KAMPALA, April 26, 2024 – The Alliance for Food Sovereignty in Africa [ AFSA ] has launched its “Seed is Life” campaign, an initiative aimed at promoting farmer-managed seed systems [FMSS] and…
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News
Africa’s US$ 824bln debt burden and opaque resource-backed loans hinder its potential, AfDB boss warns
WASHINGTON, D.C, April 24, 2024 – Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Dr Akinwumi…
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News
Partners combat money laundering and terrorism financing in Africa through new project
DAKAR, April 19, 2024 – The African Development Bank [AfDB] and the Inter-Governmental Action Group against Money Laundering in West Africa [GIABA] on Thursday officially launched a three-year support project to combat…
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News
African economies to grow by 3.4 percent in 2024-report
KAMPALA, April 9, 2024 – Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt…
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News
JPMorgan Chase to deepen partnerships with AfDB
ABIDJAN, April 5, 2024 -African Development Bank Group [AfDB] Senior Vice-President Bajabulile Swazi Tshabalala, has held talks with top executives of JPMorgan Chase, the largest US bank, on potential partnership between the…
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Cooperatives & Communities
WSACCO to hit Shs 1trn in assets by 2025, top official says
JINJA, March 27, 2024 – The Chief Executive Officer of UPDF’s Wazalendo Savings and Credit Cooperative Society [WSACCO], Col. Freddy Joseph Onata is confident they will hit a target of Shs 1…
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