SMEs
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News
Oikocredit announces EUR 2.4mln loan to support SMEs in Indonesia
AMSMERFOORT and JARKATA, July 6, 2024 – Netherlands’s Social investor Oikocredit and Validus Group, a Singapore-based digital financing platform, have partnered to provide small and medium-sized enterprises [SMEs] in Indonesia with accessible…
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Cooperatives & Communities
Masindi SME owners told to form cooperatives
MASINDI, July 1, 2024 – Johnson Abitekaniza, Commissioner Business and Quality Assurance in Ministry of Trade Industry Cooperatives [MTIC] has underscored the need for small and medium enterprises [SMEs] owners to organise…
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News
Centenary Bank says when women are given opportunity for financial inclusion, they can do miracles
KAMPALA, June 28, 2024 – The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) Bank of the Year 2024, Centenary Rural Development Bank exemplifies the spirit of this year’s…
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Cooperatives & Communities
Oikocredit announces US$ 10mln loan to APC to support SMEs in Africa
NAIROBI June 17, 2024 – Social impact investing cooperative Oikocredit has made a first-time loan of US$ 10 million [€9.3mln] to AfricInvest Private Credit [APC] to augment support for small and medium…
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News
EAC launches free online professional tourism courses to enhance regional capacity
ARUSHA, June 31, 2024 – Tourism practitioners in the region can now enhance their skills and expertise through a comprehensive suite of professional courses following the launch of the East African Community…
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News
Tayebwa urges Europeans to invest in Uganda’s coffee sector
KAMPALA, May 24, 2024 – Deputy Speaker of Parliament, Thomas Tayebwa, has called for the support of visiting Germany legislators to push the rest of the European Union [EU] countries to import…
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News
Co-operative Bank of Kenya gets US$ 25mln for women-led MSMEs
NAIROBI, May 6, 2024 – The Co-operative Bank of Kenya has received a US$ 25 million long-term loan from a German fund DEG for lending to women-led micro, small and medium sized…
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International
EU backtracks on stricter import rules amid international backlash
LONDON, March 12, 2024 – The European Union [ EU ] plans to relax its incoming deforestation regulation [EUDR] by temporarily designating all export countries with the same standard risk classification. The…
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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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East Africa
Kenya’s Tai SACCO total assets grow to Ksh4.1bln
NAIROBI– Despite a difficult economic environment in the country, Kenya’s Tai SACCO posted an impressive financial performance in the year ended December 31, 2022, posting Ksh 4.1 billion in total assets, its…
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