Kenya
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News
New Cooperative Bill to reform and boost sector growth
NAIROBI, October 19, 2024 — The Cooperative Bill 2024, which the Kenyan Parliament is presently scrutinising, aims to tackle the persistent governance and management issues afflicting the cooperative sector, according to Wycliffe…
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News
Bill to criminalise sexual offences re-tabled
KAMPALA, October 15, 2024 — The Sexual Offences Bill, 2024 which seeks to enhance punishment of sex offenders and protection of victims in the country during trial has been re-introduced in Parliament.…
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News
SGR construction: Uganda signs EPC/Turnkey contract with Turkish Firm Yapi Merkezi
KAMPALA, October 14, 2024 – The Government of Uganda, through the Ministry of Works and Transport [MoWT], has today signed an EPC/Turnkey contract with Yapi Merkezi for the construction of a 273-kilometer…
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Agriculture
Uganda’s sugar exports to Kenya drop as Rwanda leads in EAC
KAMPALA, October 7, 2024 — Uganda’s sugar exports to Kenya have decreased by 16.2 percent to just 18 metric tonnes in the last nine months to September 2024. Authorities attribute this drop…
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News
Ministers among hundreds of energy-sector leaders to attend AOW event
CAPE TOWN, October 6, 2024 — Africa Oil Week [AOW]: Investing in African Energy– Africa’s leading oil, gas, and energy event – has confirmed attendance for more than 80 ministers and senior…
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News
IFC invests in Equator Africa Fund I to support African climate sector tech businesses
NAIROBI, October 4, 2024 –The International Finance Corporation [ IFC ] is to invest in Equator Africa Fund I, marking its first-ever investment in a venture capital fund entirely focused on supporting…
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News
Ivorian Fintech, Daba Finance crowned 2024 Ecobank Fintech Challenge winner, taking home US$ 50,000
LOMÉ, September 30, 2024 — Ecobank, the leading pan-African financial services group, announced Daba Finance, the Ivorian Fintech, as the Grand Winner of its flagship Ecobank Fintech Challenge 2024. Twelve innovative fintech startups competed…
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News
M-KOPA reaches 5mln customers, unlocking US$ 1.5bln in credit across five markets
KAMPALA, September 25, 2024 — MP-KOPA, a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. Two million of these customers…
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News
COMESA Launches Horticulture Trade Mission to the European Union
KAMPALA, September 24, 2024 — Representatives of 11 Small and Medium Enterprises [SMEs] from Egypt, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Uganda, Zambia, and Zimbabwe recently undertook a horticulture engagement mission to the…
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News
Coca-Cola unveils initiative to address water-related challenges in Africa
KAMPALA, September 16, 2024 — The Coca-Cola Company in Africa and its bottling partners Coca-Cola Beverages Africa [CCBA], Equatorial Coca-Cola Bottling Company [ECCBC] and Coca-Cola HBC are to invest nearly US$ 25…
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