SMEs
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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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Energy & Mining
Register your businesses to benefit from oil & gas sector, Masindi locals told
MASINDI– Proprietors of small and medium enterprises [SMEs] in Masindi district have been advised to formalise their businesses if they are to benefit from the different oil & gas sector opportunities available…
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East Africa
AfDB approves trade finance transaction guarantee facility to Bancobu
BUJUMBURA – The African Development Bank [AfDB] Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi [ Bancobu ], Leveraging Bancobu’s strategic footprint in the East African…
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Africa
AfDB approves US$ 147mln in subordinated debt to Mauritius Commercial Bank
ABIDJANI-The African Development Bank [AfDB] has approved US $147 million in subordinated debt to the Mauritius Commercial Bank Ltd [MCB] to enhance its capital base and mobilise loan growth in the renewables,…
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Africa
Reducing cost of basic foodstuffs in Africa: Govts urged to provide investment incentives
NAIROBI-African countries have been asked to provide investment incentives to businesses operating in the agribusiness, green and blue economy in order to reduce the soaring costs of basic foodstuffs coupled with rising…
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