Africa
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Africa
African economies remain upbeat despite multiple shocks, says AfDB official
KAMPALA-African economies remain resilient despite experiencing multiple shocks, with 53 out of 54 African countries seen maintaining positive growth and a stable outlook for the 2023/24 period, the African Development Bank has…
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Africa
Africa’s coffee exports drop 9 percent in December 2022
KAMPALA -Exports of all forms of coffee from Africa decreased by 9 percent to 0.97 million bags in December 2022 from 1.13mln bags in December 2021, according to International Coffee Organisation [ICO].…
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Opinions & Commentary
How the Africa Energy Bank is Re-Writing the Frontier Investment Playbook
LAGOS, February 3, 2026 — While global exploration and production capital expenditure is set to reach US$ 504 billion in 2026, the upstream market is also entering a period of heightened discipline.…
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Africa
Africa’s coffee exports were 6.8 percent up in November 2022
KAMPALA-Exports of all forms of coffee from Africa increased by 6.8 percent to 1.09 million bags in November 2022 from 1.02mln bags in November 2021, the International Coffee Organisation [ICO] says in…
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Agriculture
Stakeholders call for harmonised regional policy to facilitate fertilizer agribusinesses in Africa
LUSAKA-Sub-Saharan Africa, including the COMESA region has continued to record low usage of agriculture inputs such as fertilizer compared to the rest of the world. According to a statement issued at the…
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Africa
Botswana: AfDB Group commits US$ 180mln to bolster post-Covid-19 economic recovery
GABORONE-The Board of Directors of the African Development Bank [AfDB] has approved a loan of US$179.66 million to support government of Botswana to restore post-pandemic fiscal stability and economic recovery. The funds…
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Cooperatives & Communities
Global coffee exports down 2.5 percent in October
Global exports of green beans in October 2022 totalled 8.5 million bags, compared with 8.72mln bags in the same month of the previous year, down 2.5 percent, according to the latest International…
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Africa
ADF invests over US$ 6mln to strengthen public finance governance in African countries
KAMPALA-The Board of Directors of the African Development Fund [ ADF ] have approved a grant of US$ 6.12 million to help strengthen public finance governance in low-income African countries. The funding…
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Africa
Kenya co-ops top in Africa, says WOCCU report
NAIROBI-Co-operatives in Kenya top in African content with high membership and wealth, a new Statistical Report by the World Council of Credit Unions [ WOCCU ]shows. The report indicates that 9,041 Co-operative…
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Cooperatives & Communities
Nebbi farmers fail to access inputs via e-voucher system, want their money refunded
NEBBI. A total of 3, 640 model farmers in Nebbi district who were registered under the Agricultural Cluster Development Program [ACDP)] to access agricultural inputs via the e-voucher system want their money…
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