Energy
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International
MENA economies grow 5.5 percent but benefits are uneven
WASHINGTON-The economies of the Middle East and North Africa [MENA] region are expected to grow by 5.5 percent this year —the fastest rate since 2016—followed by a slowing of growth to 3.5…
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International
World Bank: Russian invasion of Ukraine impedes post-pandemic economic recovery in Europe and Central Asia
WASHINGTON-Russian invasion of Ukraine has dimmed prospects of a post-pandemic economic recovery for emerging and developing economies in the Europe and Central Asia region, says the World Bank’s Economic Update for the…
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Cooperatives & Communities
US co-ops react to passage of Inflation Reduction Act
WASHINGTON DC-Co-operatives in the USA have welcomed the recent adoption of the Inflation Reduction Act by the House of Representatives on 12 August. Passed with 220 votes to 207, the bill aims…
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Cooperatives & Communities
Mixed reactions as MPs assess Masindi ACDP activities
MASINDI– MPs on the Parliamentary Committee on Agriculture headed by Abim district Woman MP Janet Okorimoi visited two cooperatives this week to assess the activities being implemented by selected cooperatives under the…
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International
Potential candidates named to replace Shell’s outgoing CEO
LONDON-Four candidates have been shortlisted to succeed its Shell’s outgoing CEO, Ben van Beurden, who will step down next year after being at the helm of the powerful energy company, according to…
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East Africa
KITE rebrands to Keystone Sacco as it eyes new markets
NAIROBI-Keystone DT Sacco formerly KITE Sacco has officially launched its new name setting the stage for major expansion, Kenyan media outlets say. Sacco Board Chairman, Esau Ogada said rebranding KITE was geared…
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Energy & Mining
Power consumers petition Among over irregular supply
WEST NILE– Electricity Consumers in West Nile Sub-region have petitioned Annet Anita Among, the Speaker of Parliament of Uganda over the irregular power supply. The West Nile region is yet to be…
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Energy & Mining
Shell posts US $ 11.5bln profit, to invest more in renewable energy
KAMPALA– Shell has posted record results in the second quarter 2022, with a US $11.5 billion profit eclipsing the mark it set only three months ago, lifted by strong gas trading and…
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Africa
Focus Education builds 23 new TVET centres in Senegal
DAKAR-The Senegalese Minister of Employment, Vocational Training, Apprenticeship and Integration, Dame Diop, yesterday announced the creation of a new network of 23 advanced vocational training [ TVET ] centers across the country…
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Cooperatives & Communities
Turkish agency provides agricultural support to Palestinian local cooperatives
WEST BANK– Turkish Cooperation and Coordination Agency [TİKA] implemented four projects focused on agriculture, energy, and employment in order to increase the production capacity of four cooperatives that are affiliated with the…
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