Energy
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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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Cooperatives & Communities
Union co-ops gain boost at the 2022 Labor Notes Conference
U.S.A– At the 2022 Labor Notes conference in Rosemont days ago, Illinois, worker cooperators gathered with 4,000 labour union members and activists from across the country to help unite the rising cooperative…
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Finance & Banking
Standard Chartered hosts business executives as it unveils new corporate platform
KAMPALA– Standard Chartered Bank Uganda days ago held a thought leadership event to discuss business immersion in Sustainable Trade Finance for over 100 corporate and SME business leaders at Sheraton Kampala Hotel.…
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Development
BOU ramps up CBR again
KAMPALA– Bank of Uganda [ BOU ]raised the indicative Central Bank Rate [CBR] to 8.5 percent for July from 7.5 percent before, as inflation rose – for the second time in a…
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News
Rwanda to host 2022 World Circular Economy Forum in December
KIGALI– The World Circular Economy will, for the first time, take place on African soil in 2022, bringing together participants from around the world to absorb lessons from the continent and the…
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International
New solar collection sees New Mexico electric co-op offer 100 percent daytime clean power
US-Kit Carson Electric Cooperative, based in New Mexico, says it is now able to supply 100 percent of its daytime summer energy from solar power. The co-op, in partnership with Guzman Energy, completed…
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Cooperatives & Communities
BoU’s Atingi-Ego shines as women steal show at the African Banker Awards 2022
KAMPALA-Last night the 16th edition of the African Banker Awards Gala Ceremony took place at the Kempinski Hotel, in Accra, Ghana. The event was held under the High Patronage of the African…
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Cooperatives & Communities
Oil refinery project affected persons get land titles
HOIMA – 73 Kabaale oil refinery project affected persons [PAPs] whose families were displaced as government acquired land for the construction of the oil refinery in Kabaale Sub-county in Hoima district are…
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