climate
-
East Africa
AfDB approves US$ 66mln loan for equity enhancement of Tanzania Agricultural Development Bank
DODOMA, December 11, 2023 – The African Development Bank [AfDB] has approved a US$ 66 million loan to the government of Tanzania for additional equity in Tanzania Agricultural Development Bank [TADB]. According…
Read More » -
Africa
IFAD and Malawi to build resilience and productivity of small-scale farmers and MSMEs
ROME/LILONGWE, October 11, 2023: As Malawi’s food insecurity worsens due to ongoing multiple crises, the International Fund for Agricultural Development [IFAD] and the Government of Malawi recently signed additional funding of US…
Read More » -
International
Arla rewards climate-forward farmers with share of US$ 326mln
COPENHAGEN, September 15, 2023 – Arla, the Danish-Swedish dairy cooperative recently started to pay out a monthly incentive to its farmer owners based on their sustainability efforts. The incentive is a data-driven…
Read More » -
Africa
US$ 1bln to boost access to climate finance for Africa’s youths, AfDB announces
NAIROBI, September 8, 2023 – African Development Bank President Akinwumi Adesina has announced a new US$ 1 billion facility to accelerate climate financing for Africa’s youth businesses. The additional financing will boost…
Read More » -
Cooperatives & Communities
Danish coop wins international energy award
LONDON – Danish cooperative, Coop Denmark days ago scooped top honour at the Energy Management Leadership Awards hosted by the Clean Energy Ministerial [CEM], an international clean energy platform. The coop won…
Read More » -
Africa
FSD Africa Investments avails £10mln to support Nigeria’s sustainable climate infrastructure
LAGOS – FSD Africa Investments [FSDAi], in collaboration with InfraCredit, have invested £10 million into a first-of-its-kind risk-sharing backstop facility, designed to unlock local currency funding for sustainable infrastructure development in Nigeria. The…
Read More » -
Northern
Equity Bank, SunCulture avail loan facility to help farmers acquire solar-powered irrigation equipment
LIRA– Equity Bank Uganda in partnership with SunCulture Uganda has launched a loan facility to help smallholder farmers in Lango and Acholi sub-regions to acquire solar-powered irrigation equipment. The loan partnership launched…
Read More » -
Africa
Africa set to be the second fastest growing region after Asia- new report
CAIRO – Africa is set to be the second fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple global shocks, the…
Read More » -
Environment
Eight arrested over wetland degradation in Kumi
KUMI-Authorities in Kumi district have arrested eight people over continued encroachment on Oladoto Wetland. During an operation on Friday, the district security team discovered that the suspects had established gardens in the wetland…
Read More » -
Cooperatives & Communities
Itek Okile Rice Cooperative readying for first planting season
LIRA-Members of Itek Okile Rice Growers’ Multipurpose Cooperative Society have started preparing rice fields in readiness for the first season planting of the year 2023. Alfred Ocen, the chairperson of the cooperative…
Read More »