resilience
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Cooperatives & Communities
FSD Africa, Rabobank to fund African small-scale farmers with loans for carbon credits
NAIROBI– Financial Sector Deepening Africa [FSD Africa] and Rabobank ACORN / Rabo Foundation have launched their collaboration in helping 3,000-5, 000 small-scale farmers with their transition to agroforestry, a sustainable and climate…
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Finance & Banking
Standard Chartered reports record US$ 581mln operating profits in Africa and Middle East
DUBAI-Standard Chartered PLC [the Group], with operations in Uganda, has released its financial results for the first half of the year ending 30 June 2022, earning good profits. In the Africa and…
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Energy & Mining
Shell posts US $ 11.5bln profit, to invest more in renewable energy
KAMPALA– Shell has posted record results in the second quarter 2022, with a US $11.5 billion profit eclipsing the mark it set only three months ago, lifted by strong gas trading and…
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Development
Kenyan SACCOs urged to develop neobanks
NAIROBI– Savings and Credit Co-operatives [SACCOs] have been urged to turn their institutions into neobanks [online banks without traditional physical branch networks], reports SACCO Review. Cynthia Wandia, the Chief Executive Officer [CEO]…
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Africa
Centenary Bank on list of nominees for 2022 edition of the African Banker Awards
KAMPALA– The African Banker magazine has announced the shortlist of over 60 nominees for this year’s edition of the African Banker Awards, with Ugandan Centenary Rural Development Bank and Tugende Global nominated…
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