GDP
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Cooperatives & Communities
Cooperatives present at the launch of the B20 in Brazil
RIO DE JANEIRO, February 1, 2024 – Brazilian Organisation of Brazilian Cooperatives [OCB] represented the International Cooperative Alliance [ICA] at the Business 20 [ B20 ] opening event. This event was organised…
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Africa
New Global Alliance for Women’s Health could help boost global economy by US$ 1trn annually by 2040
DAVOS-KLOSTERS, January 18, 2024 – A new World Economic Forum report released today shows that closing the women’s health gap would allow more women to live healthier, higher-quality lives, and provide an…
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Africa
AfDB approves US$ 696.41mln of financing for Burundi and Tanzania to build SGR
ABIDJAN, December 13, 2023– The African Development Bank [AfDB] has approved various financing structures valued at US$ 696.41 million for Burundi and Tanzania to start Phase II of the Joint Tanzania-Burundi-DR Congo…
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Central
New research okays use of solar lights for fishing
ENTEBBE – New scientific research has established that the usage of solar lights by the fishing communities on Lake Victoria and Lake Albert in fishing is safe and environmentally friendly. Fishing lights…
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Africa
End NTBs to boost intra-African food trade, AU Member States urged
ARUSHA – African Union [ AU ] Members States have been called upon to adopt policies to encourage intra-African trade in food production by among other things removing Non-tariff Barriers [NTBs] that…
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Africa
Cooperative societies urge Tinubu to establish commission to boost economy
ABUJA – Cooperative societies in Nigeria have called on President Bola Tinubu’s administration to establish the Cooperative Commission of Nigeria [CCN]. According to them, if established, the commission will address the long-standing…
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Finance & Banking
IMF extends over Shs 400bln loan to Uganda
KAMPALA – The Executive Board of the International Monetary Fund [ IMF ] has concluded the fourth review of Uganda’s Extended Credit Facility [ECF], enabling the country to get an additional loan…
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Africa
First-ever Cassava Week Celebration held in Ghana
ACCRA-The Biotechnology and Nuclear Agriculture Research Institute [BNARI] of the Ghana Atomic Energy Commission [GAEC] held the maiden Cassava Week Celebration in the country, attracting individual farmers, cooperatives, business community, industrialists, and…
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News
Gov’t withdraws €500mln request amid sovereignty concerns
KAMPALA – Government has withdrawn a financing request of €500 million from Amarog Capital Limited and Sovereign Infrastructure Group over concerns regarding tax waivers on interest and fees, as well as the…
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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…
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