Africa
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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…
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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Africa
Absa Africa Financial Markets Index 2023 reveals continued progress in developing African financial markets
LONDON, October 12, 2023 – The 2023 Absa Africa Financial Markets Index [AFMI] reveals there has been continued progress in developing financial markets across Africa in the past year, with many of…
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Cooperatives & Communities
AfDB, EBID sign loan agreement for US$ 50mln and € 50mln to enhance regional food security
ABIDJAN, October 6, 2023 – The African Development Bank [AfDB] and the ECOWAS Bank for Investment and Development [ EBID ] have signed an agreement for a dual currency line of credit…
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