Investment
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International
NAM: Day 2 of East African Trade and Investment Forum attracts more delegates
KAMPALA, January 16, 2024 – Day 2 of the East African Trade and Investment Forum in Kampala, which is part of the ongoing 19th Non-Aligned Movement Summit 2024 [NAM 2024] in Kampala,…
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Cooperatives & Communities
Nigeria: Ekiti govt moves to review cooperative laws
ABUJA, January 15, 2024 – EKiti State Government has said it will soon begin the process of reviewing the State Cooperative Law, which governs the operations of local cooperative societies. According to…
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Cooperatives & Communities
Agribusiness should benefit from the attention of banks and institutional donors, experts say
MARRAKESH, November 14, 2023 – Banks, institutional partners and the private sector should invest heavily in agribusiness in Africa, a sector that suffers from a financing gap just as it becomes the…
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News
Nebbi district budget cut by 12 percent
NEBBI – Nebbi district councillors have passed an estimated budget of Shs 36.4 billion for the financial year 2023/2024, which is a decline of 12 percent when compared to Shs 41bln budget…
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Development
Cassava farmers to bake bread and cakes
LIRA – A total of 400 cassava farmers in the Lango Sub-region are to be trained in baking cassava bread and cakes, among other snacks, in a move expected to boost household…
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International
Global economy’s “speed limit” set to fall to three-decade low
WASHINGTON – The global economy’s “speed limit”—the maximum long-term rate at which it can grow without sparking inflation—is set to slump to a three-decade low by 2030. An ambitious policy push is…
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Cooperatives & Communities
Financial literacy: Speaker Among urges leaders to train locals
KATAKWI– Speaker of Parliament, Anita Among has urged political leaders to train communities in financial literacy if the dream to achieve an economically transformed Uganda is to be achieved. Among made the…
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News
Bishop Kahuma urges youth to be job creators
HOIMA-The Bunyoro Kitara diocese, Rt. Rv. Samuel Kahuma has advised the youth to be Job creators rather than job seekers, saying the youth will continue to be unemployed if they resort to…
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East Africa
World Bank earmarks US$15mln to enhance digital integration in EAC
ARUSHA-The World Bank has earmarked about US$15 million [about Shs 55.5 billion] to enhance and accelerate regional digital integration efforts across the East African Community [EAC]. The Bank through its Single Digital…
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East Africa
Rwanda: IMF approves US$ 319mln loan to build resilience to climate change
KIGALI-The Executive Board of the International Monetary Fund (IMF) has approved US$ 319 million loan asked by Rwanda under the Resilience and Sustainability Facility [RSF]. According to IMF, Rwanda is the first…
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