African Energy Awards 2021 Winners Announced

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African Energy Awards 2021 Winners Announced

Staff Writer - November 12, 2021

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Monetizing Natural Gas in Africa

Staff Writer - November 11, 2021

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HUAWEI IdeaHub Series Upgrade to Accelerate Smart Classroom and Smart Office...

Staff Writer - November 11, 2021

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USIU-Africa kicks off an international search for a substantive Vice-Chancellor

Staff Writer - November 11, 2021

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Coca-Cola Beverages Africa – Kenya accelerates PET collection and recycling agenda

Staff Writer - November 11, 2021

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Backbase Partners with Microsoft to Re-Architect Banking Around the Customer

Staff Writer - November 11, 2021

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Kudos KoT: Social media posts inspiring tax compliance says KRA

Staff Writer - November 11, 2021

Feature

KEMSA: Board meets and assures Development partners that reforms are following...

Staff Writer - November 11, 2021

Feature

LAUNCH OF JAZA RAHA NA SHELL, SHINDA NYUMBA PROMOTION

Staff Writer - November 11, 2021

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Sanlam inks agreement with Letshego Kenya’s insurance agency

Staff Writer - November 11, 2021

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Cooperative Bank of South Sudan has tapped the United Nations Development Programme (UNDP) in what experts are calling one of the most ambitious attempts yet to bring modern finance into the country’s rural economy. The deal, part of the multi-donor Rural Enterprise and Agricultural Development project, aims to pull thousands of small farmers, women entrepreneurs and youth-run agribusinesses into the formal financial system—many of them for the first time. At the signing ceremony in Juba, Caroline Mwongera, the country director for the UN’s International Fund for Agricultural Development (IFAD), termed the deal a turning point. “This agreement represents a transformational step in strengthening South Sudan’s rural financial systems,” she said, adding that the project will use credit, cooperative development and financial literacy as tools for long-term rural transformation. Backed by a $20 million (Sh2.6 trillion) IFAD grant and additional contributions from the South Sudanese government, UNDP, Cooperative Bank and local communities, this brings the total funding to more than $25 million (Sh3.3 trillion). The initiative aims to reach 162,000 people across seven counties, with half expected to be women and 70 percent youth. Officials say the structure of the project reflects the realities of South Sudan’s farm economy, where many farmers still rely on informal savings groups, handwritten lending records and unstructured markets.

Cooperative Bank, UNDP sign deal to boost rural finance

November 26, 2025

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Goodwell invests in SOUK Farms to scale sustainable agricultural production across...

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Staff Writer

African Energy Awards 2021 Winners Announced

Monetizing Natural Gas in Africa

HUAWEI IdeaHub Series Upgrade to Accelerate Smart Classroom and Smart Office...

USIU-Africa kicks off an international search for a substantive Vice-Chancellor

Coca-Cola Beverages Africa – Kenya accelerates PET collection and recycling agenda

Backbase Partners with Microsoft to Re-Architect Banking Around the Customer

Kudos KoT: Social media posts inspiring tax compliance says KRA

KEMSA: Board meets and assures Development partners that reforms are following...

LAUNCH OF JAZA RAHA NA SHELL, SHINDA NYUMBA PROMOTION

Sanlam inks agreement with Letshego Kenya’s insurance agency

MOST POPULAR

GVG Launches Seamless Payments Solution For Governments

CNN Academy’s New ‘Micro-Documentaries’ Sound the Climate Alarm for Global

Equity Bank Enters Ethiopia

Cooperative Bank, UNDP sign deal to boost rural finance

HOT NEWS

Africa at risk: Malaysia slams China’s “new version of colonialism”

KK Security rebrands to GardaWorld Security following acquisition

Goodwell invests in SOUK Farms to scale sustainable agricultural production across...

Co-op Bank announces reduced lending rates

EDITOR PICKS

Family Bank to List by Introduction on NSE on June 23

Shelter Afrique Development Bank Unveils New Brand Identity as it Marks...

Gen Z tech talent rewires Africa’s fight against hunger

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Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

EABL signs lease deal for office space in upcoming Garden City...

Facebook Introduces Messenger Rooms and More ways to connect

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