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AfDB Group to extend facilities worth US$ 200mln and ZAR 3.6bln to Standard Bank Group to increase trade in Africa and support SMEs
PRETORIA, December 13, 2024 — The Board of Directors of the African Development Bank Group [AfDB] has approved two financial facilities for South-Africa based Standard Bank Group to support economic development in…
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Ecobank and the IFC partner to empower Ivorian women’s businesses
CASABLANCA, December 11, 2024 — Ecobank Côte d’Ivoire, part of the leading pan-African financial services group, has signed a landmark Memorandum of Understanding [MOU] with the International Finance Corporation [IFC] to roll…
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Multiple loans drive teachers to flee Nebbi schools
NEBBI, November 27, 2024 – Four months have passed, and the Education Department in Nebbi Municipality is still unable to locate three teachers who reportedly disappeared from their schools, fearing arrest by…
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Kwania fishermen appeal for financial support
KWANIA, November 14, 2024 – Fishermen at various landing sites around Lake Kwania in Kwania district are appealing to the government for financial assistance in the form of soft loans to help…
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Kerry Group to sell dairy division to Kerry Co-Op in US$ 531mln deal
DUBLIN, November 12, 2024 — The Kerry Group has entered into an agreement with Kerry Cooperative Creameries Limited to sell Kerry Dairy Holdings (Ireland) Limited to the Co-Op in a €500 million…
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Pakwach: Lake Albert floods submerge homes and commercial buildings
PAKWACH, November 11, 2024 — Flooding caused by rising water levels in Lake Albert has submerged homes and commercial buildings in Panyimur Town Council, Pakwach district, leaving residents and business owners in…
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Coffee Development Report unveils income opportunities in coffee’s circular economy revolution
KAMPALA, November 9, 2024 — The International Coffee Organisation [ICO] has released its latest Coffee Development Report, “Beyond Coffee: Towards a Circular Coffee Economy”, an in-depth exploration of the circular economy’s potential…
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