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14th EAC Games close on a high for Uganda
MOMBASA, December 19, 2024 – The 14th East African Community [ EAC ] Inter-Parliamentary Games closed on Tuesday in Mombasa City, Kenya with Team Uganda taking accolades in many of the sports…
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Odrek Rwabogo inaugurates new coffee factory in Bugisu
MBALE, December 11, 2024 – The Chairman of the Presidential Advisory Committee on Exports and Industrial Development [PACEID], Odrek Rwabwogo, recently inaugurated the Balambuli Kwigatte Coffee [BKC] Factory and the Elgon Production…
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Global tourism set for full recovery by end of the year with spending growing faster than arrivals
MADRID, December 4, 2024 — Around 1.1 billion tourists travelled internationally in the first nine months of 2024, as the global tourism sector recovered 98 percent of pre-pandemic levels. According to the…
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African leaders want continent’s natural assets worth trillions of dollars to be part of measuring GDP of countries
BAKU, November, 19, 2024 – African Heads of State and government are calling for the continent’s vast natural capital to be considered when measuring their countries’ Gross Domestic Product [GDP]. In a…
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Global Credit Union membership surpasses 411mln
MADISON, Wis., October 24, 2024 — World Council of Credit Unions’ [WOCCU] 2023 Statistical Report shows membership in the global credit union movement topped 411 million, while assets surpassed US$ 3.7 trillion last…
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AFC Returns to Global Debt Capital Markets with Oversubscribed Five-Year US$ 500mln Eurobond
LAGOS, October 5, 2024 — Africa Finance Corporation [ AFC ], the continent’s leading infrastructure solutions provider has announced an outstanding return to the global debt capital markets, successfully issuing a US$500…
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Coffee, minerals, and cotton drive Uganda’s exports in July-report
KAMPALA, September 28, 2024 – Uganda’s export earnings for July 2024 reached US$ 785.03 million [about Shs 785 billion at the current exchange rate of 1USD: Shs 3700], marking a 9.2 percent…
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Uganda’s export earnings drop 23 Percent in June
KAMPALA, August 27, 2024: Uganda’s export earnings for June 2024 totaled US$ 718.60 million, marking a 23.6 percent decrease from US$ 940.93mln in May 2024, according to the Performance of the Economy…
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Global conference update: Fonterra does ‘cooperative business’ in SE Asia
KUALA LUMPUR, July 17, 2024: With the Alliance’s Global Conference taking place in Malaysia in November this year, delegates will get the opportunity to learn more about successful cooperatives operating in the…
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Oikocredit announces EUR 2.4mln loan to support SMEs in Indonesia
AMSMERFOORT and JARKATA, July 6, 2024 – Netherlands’s Social investor Oikocredit and Validus Group, a Singapore-based digital financing platform, have partnered to provide small and medium-sized enterprises [SMEs] in Indonesia with accessible…
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