April 04
Kenya: Govt Eyes Share of $171.8 Billion Global Superfoods Market Through Co-Operative Movement - CS Chelugui
Capital FM
The government has confirmed plans to use the local co-operatives network to position Kenya as a leading superfood producer and exporter. Read more »
Rwanda: Ecobank Registers Rwf7.6 Billion Net Profit in 2023
New Times
Ecobank Rwanda recorded Rwf7.6 billion net profit in 2023, representing a 240 percent increase from Rwf2.2 billion recorded in 2022. Read more »
Africa: President Ruto Urges African Investors to Take Advantage of AfCFTA
Capital FM
President William Ruto has appealed to African investors and businesspeople to take advantage of the Africa Continental Free Trade Area (AfCFTA) agreement. Read more »
Uganda: NCBA Monthly Mug Challenge Set for Namulonge
Independent (Kampala)
NCBA Bank will sponsor the Monthly Mug challenge at the MaryLouise Simkins Memorial Golf Club in Namulonge. The NCBA Monthly Mug tournament is scheduled to take place on April 27,… Read more »
Ethiopia: Ethiopian Securities Exchange Garners Over 1.5 Billion Birr, Exceeding Capital-Raising Target
ENA
The Ethiopian Securities Exchange (ESX) announced that it has raised 1.51 billion Birr capital, exceeding "expectations in terms of capital and confidence shown by investors in the… Read more »
April 03
Madagascar: Madagascar Villagers Sue Rio Tinto Over Lead Poisoning
Leigh Day - Lawyers Against Injustice
Rural villagers living near mine in Madagascar take legal action against mining giant Rio Tinto after tests show dangerous levels of lead in their bodies Read more »
Kenya: Kenya Airways Favours Major Airline for $1 Billion Stake Deal
Business Day Africa
Kenya Airways is leaning towards favouring a major airline considering acquiring a stake in the Nairobi-based carrier, which could inject at least $1 billion into the company,… Read more »
Kenya: Kajiado County Banks On Multipurpose Cooperatives to Diversify Income
Business Day Africa
Kajiado County, historically reliant on livestock as its primary economic driver in its predominantly arid environment, is experiencing a notable transformation. Read more »
Ethiopia: Energizing Ethiopia - New World Bank Program Expands Access to Electricity [press release]
World Bank
A new World Bank program is set to strengthen and expand the electricity network, improve sector financial viability, and enable renewable energy generation through private sector… Read more »
Somalia: Turkey and Ethiopia Have Had Close Ties for Many Years - Somalia Maritime Deals May Shift the Dynamics [analysis]
The Conversation Africa
Ethiopia and Turkey, which have had cordial ties since the early 20th century, have drawn even closer in recent years as both battle criticism from the west over domestic policies.… Read more »
Seychelles: The Netherlands and Seychelles to Work Closely On Fighting Cryptocurrency Crimes
Seychelles News Agency
The Netherlands and Seychelles will work closely on fighting cryptocurrency crimes and a mission from the northwestern European country is expected in the island nation this year,… Read more »
April 02
Uganda: To Revive Economy, State Needs to Tame Its Greed & Not Prey On Taxpayers! [editorial]
Observer
The current state of the Ugandan economy is cause for concern. With traders threatening to go on strike on April 8, 2024, and a significant decline in the number of large… Read more »
April 01
Rwanda: The Rise of Asantii to a Global Sustainable Fashion Brand
New Times
After winning the prestigious 2024 Rising Sustainable Brand Award in New York, Rwandan based clothing line Asantii is primed to push their brand to the global market, according to… Read more »
Rwanda: Beekeepers Get Tips On Smart Hive Technology to Increase Honey Production
New Times
The University of Rwanda's African Center of Excellence in Internet of Things (ACEIoT) on March 30, conducted an awareness session for beekeepers associated with cooperatives in… Read more »