Africa
-
Africa
Resource-rich Africa has no excuse to remain poor, says AfDB boss
ABUJA, November 30, 2023 – With US$ 6.2 trillion worth of natural resources, 65 percent of the world’s uncultivated arable land, and a vibrant youth population, Africa has no excuse to be…
Read More » -
Africa
AfDB approves US$ 10mln investment in Kenyan company Dhamana
NAIROBI, November 21, 2023 – The African Development Bank [AfDB] has approved a US$ 10 million equity investment in Dhamana Guarantee Company Limited to support the use of capital markets as an…
Read More » -
East Africa
AFFM commits more than US$ 2mln to improve farmers’ access to fertilisers
NAIROBI, November 20, 2023 – The Africa Fertilizer Financing Mechanism [AFFM] will provide a US$ 2 million partial trade credit guarantee and a US$ 219,000 grant funding to Nairobi-based Apollo Agriculture Limited…
Read More » -
Cooperatives & Communities
Agribusiness should benefit from the attention of banks and institutional donors, experts say
MARRAKESH, November 14, 2023 – Banks, institutional partners and the private sector should invest heavily in agribusiness in Africa, a sector that suffers from a financing gap just as it becomes the…
Read More » -
International
Global coffee exports drop 11.6 percent in September 2023
KAMPALA, November 6, 2023 – Global green bean exports in September 2023 were 7.8 million bags, as compared with 8.83mln bags in the same month of the previous year, down 11.6 percent,…
Read More » -
Africa
Trade with Asia buttresses Africa’s US$ 1trn export opportunity
NAIROBI, November 4, 2023 – Africa’s total exports will reach US$ 952 billion by 2035, supported by high‑growth corridors both between African regions and with regions beyond including Asia and the Middle…
Read More » -
International
US to remove Uganda, others from AGOA trade programme
KAMPALA, October 31, 2023 – The President of the United States, Joe Biden said on Monday that his government intends to end the participation of Uganda, Gabon, Niger, and the Central African…
Read More » -
East Africa
East African Press Councils launched in Arusha
ARUSHA, October 20, 2023 – The East African Community 4[EAC] Secretary General, Dr. Peter Mathuki, yesterday launched the East Africa Press Councils [EAPC], an umbrella body bringing together media regulatory authorities within…
Read More » -
Cooperatives & Communities
USAID commits US$90mln to strengthen cooperative development globally
WASHINGTON, DC, October 20, 2023 – The United States Agency for International Development [USAID] days ago announced a landmark commitment of US$ 90 million to bolster social cohesion, stabilise economies, and support…
Read More » -
Cooperatives & Communities
CUA to create awareness on financial empowerment
ACCRA, October 16, 2023 – The Ghana Cooperative Credit Unions Association [ CUA ] says it will use its 55th anniversary celebration to showcase how it is empowering citizens to gain financial…
Read More »