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Brazil’s innovative ‘Pix’ payment system irritates Trump and Zuckerberg
RIO de JANEIRO, November 24, 2025 — Brazil’s innovative payment system Pix launched in 2020 and used by 93 percent of Brazilian adults has been angering United States President Donald Trump and…
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Millions face acute hunger in 16 crisis areas FAO-WFP report warns
KAMPALA, November 16, 2025 – A new joint report by the Food and Agriculture Organisation of the United Nations [FAO] and the UN World Food Programme [WFP] warns that acute food insecurity…
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Uganda’s economy demonstrates resilience as exports under pressure – report
KAMPALA, October 20, 2025 — Uganda’s economy continued to show resilience and adaptability through September 2025, despite a backdrop of tightening global conditions. Key indicators reflected a complex picture of rising credit…
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Côte d’Ivoire races to meet new EU standards with only 40 percent of cocoa traceable
ABIDJAN, October 13, 2025 — Côte d’Ivoire has traced 40 percent of its cocoa beans from the 2024/2025 season [October–September], according to the 2025 edition of the Cocoa Barometer report, released last…
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Ugandan exporters react as Saudi Arabia launches ambitious coffee farming project
KAMPALA, August 21, 2025 – Oil-rich Saudi Arabia has unveiled an ambitious plan to revitalise its coffee sector by producing high-quality coffee seedlings using advanced scientific methods, including tissue culture. The initiative,…
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Online registration still open for ICA Cooperative Law International Workshop and Summer School
PULA, August 19, 2025 — Online registration remains open for the International Workshop and Summer School on Cooperative Law, which will take place in Pula, Croatia, on August, 23, 2025. Hosted by…
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Cooperative in Somalia revives after 22 years with focus on markets
MOGADISHU, June 24, 2025 — Qabri-bahar Cooperative in Somalia collapsed due to war and 300 households who had invested in it lost all their investments. Now 22 years later, the cooperative has…
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FDI Flows to Developing Economies Drop to Lowest Level Since 2005
WASHINGTON, June 17, 2025 — Flows of foreign direct investment [ FDI ] into developing economies—a key propellant of economic growth and higher living standards—have dwindled to the lowest level since 2005…
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EU Pledges €48mln for forestry restoration in Uganda
KAMPALA, May 16, 2025 — The European Union [ EU ] has committed at least €48 million [approximately Shs 160 billion] to support forest conservation efforts in Uganda. The announcement was made…
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Uganda’s coffee exports surge 27.93 percent in February 2025 amid global price hike
KAMPALA, April 13, 2025 — Uganda’s coffee exports reached a record high in February 2025, with 555,756 60-kilo bags, earning the country the much-needed foreign exchange of US$ 167.78 million [about Shs…
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