Kenya
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Africa
Over US$1 billion worth of customs bonds executed in the north and central transport corridors
LUSAKA-Over 1,282 Regional Customs Transit Bonds, amounting to US$1 billion have been executed in the northern and central transport corridors in 2022 alone signifying a reduction in cost of transit and transport…
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News
Karamoja: Leaders to end cross-border criminality
KAABONG: Senior leaders and top security commanders in Karamoja Sub-region have pledged to do more to end cross-border criminality among the Dodoth in Kaabong district in Uganda and Turkana in Kenya. Their…
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Africa
COMESA gets over US$ 6mln grant to boost pharmaceutical sector
ABIDJANI-The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, this month approved a US$ 6.63 million grant to the Common Market for…
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Agriculture
FAO launches project to enhance gender equality in Amolatar
AMOLATAR-The Food and Agriculture Organisation of the United Nations [ FAO ] has launched a flagship project to end gender inequality and boost food security in Ugandan households. The pilot project, Dimitra…
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East Africa
CS Chelugui outlines agenda for cooperatives sector
NAIROBI-Simon Kiprono Chelugui took over the Cooperatives and Micro, Small and Medium Enterprises [MSME] Ministry early last week, promising to address mismanagement in cooperatives. Chelugui took over from Peter Munya, who was…
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Africa
Partners to unlock the entrepreneurial capacity of women-led enterprises in Africa
NAIROBI-Africa Enterprise Challenge Fund [AECF] and the Africa Development Bank Group’s Affirmative Finance Action for Women in Africa [AFAWA] initiative have partnered to scale and realise the entrepreneurial capacity, feasibility and sustainability…
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Africa
Kenya co-ops top in Africa, says WOCCU report
NAIROBI-Co-operatives in Kenya top in African content with high membership and wealth, a new Statistical Report by the World Council of Credit Unions [ WOCCU ]shows. The report indicates that 9,041 Co-operative…
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Cooperatives & Communities
NARO launches Shs 400mln cassava project in Lango districts
LIRA-The National Agricultural Research organisation [NARO] has launched a cassava production and productivity project worth Shs 400 million in some of the districts that form Lango Sub-region aimed at boosting farmers’ incomes.…
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Finance & Banking
Uganda scores high in 2022 Absa Africa Financial Markets Index
KAMPALA– African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, Officicial Monetary Financial Institutions Forum [OMFIF] said as it released 2022 Absa…
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Cooperatives & Communities
Mwalimu National DT Sacco to sell assets of acquired bank
NAIROBI-According to Kenyan media outlets, Spire Bank, previously Equatorial Commercial Bank [ECB] has faced financial troubles since it was acquired by the Mwalimu National DT Sacco. And now in a bid to…
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