Africa
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Central
Commonwealth Speakers commend CIPLA Quality Chemicals
KAMPALA, January 8, 2024 – Speakers and Presiding Officers from the Commonwealth days ago visited the CIPLA Quality Chemicals Industries Ltd [CIPLA QCIL] in Luzira, Kampala where they lauded the factory for…
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Cooperatives & Communities
Coffee exports from Africa dropped 13.5 percent in November 2023
KAMPALA, January 4, 2024 – Exports of all forms of coffee from Africa decreased by 13.5 percent to 1.01 million bags in November 2023 from 1.16mln bags in November 2022, according to…
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International
COP28: “Climate justice needs language justice!” says OIF
DUBAI, December 27, 2023 – French-speaking countries in Africa face two injustices in climate negotiation bodies. On the one hand, they are on the continent that is most vulnerable to climate change…
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Cooperatives & Communities
CoopStar: Empowering research and the cooperative movement in Africa
NAIROBI, December 7, 2023 – The Cooperatives for a Sustainable Transformation in Africa [ CoopStar ] workshop held in Nairobi, Kenya, from December 3-6, 2023 has marked a crucial step forward in…
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Africa
COP28: Africa could lose US$ 25bln per year as new EU carbon tax comes into effect, warns AfDB President
DUBAI, December 7, 2023 – African Development Bank [AfDB] President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalising…
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Africa
COP 28: AfDB’s US$1bln insurance facility to protect millions of farmers in Africa
DUBAI, December 4, 2023 – The African Development Bank [AfDB] has presented its planned US$1 billion facility to provide insurance to more than 40 million farmers across the continent against severe impacts…
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Africa
Resource-rich Africa has no excuse to remain poor, says AfDB boss
ABUJA, November 30, 2023 – With US$ 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…
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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…
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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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