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Social

Stanbic Announces Financial Relief Packages for Parents, Schools
Africa Social

Stanbic Announces Financial Relief Packages for Parents, Schools

12th January 2023 Godfrey IvudriaComment(0)

January 12, 2023—Kampala, Uganda: Stanbic Bank Uganda has today, unveiled ‘a financial relief package’ in a campaign dubbed “Wumula ka Stress— (relieve your stress)” whose benefits include, up to 75-days’ grace period before the start of an 84-motnh repayment for customers who take new personal loans or top-ups, between January and April 2023. The campaign […]

AU Celebrates Africa’s Contribution to the Law of the Sea
Africa Social

AU Celebrates Africa’s Contribution to the Law of the Sea

21st December 2022 Godfrey IvudriaComment(0)

The African Union this week celebrated the continent’s contribution to the United Nations Convention on the Law of the Sea (UNCLOS.  The celebration presented an opportunity to reflect on Africa’s contribution to the UNCLOS four decades since the adoption of UNCLOS in 1982, and an opportunity for briefing on the ongoing discussions and negotiations of […]

Voices of Women are Important for Catalytic Decisions-Suluhu
Africa Social

Voices of Women are Important for Catalytic Decisions-Suluhu

14th December 2022 Godfrey IvudriaComment(0)

Women in Africa make up 58% of the continent’s self-employed population meaning the impact of women in leadership cannot be side-lined.  Throughout the centuries of African history, women have played an integral role in society and shaped the culture of their communities and their larger societies through mentorship, decision making and lifting other women up […]

UNHCR Ramps up Assistance to Refugees in Northern Ethiopia
Africa Social

UNHCR Ramps up Assistance to Refugees in Northern Ethiopia

14th December 2022 Godfrey IvudriaComment(0)

UNHCR, the UN Refugee Agency, is stepping up assistance to conflict-affected populations in Ethiopia’s northern Tigray, Afar and Amhara regions. Since the signing of the peace agreement, UNHCR said there has been a major change on humanitarian access and our ability to move critical assistance into Tigray. By the end of last week, UNHCR said […]

ECOSOCC Ushers in its 4th Permanent General Assembly
Africa Social

ECOSOCC Ushers in its 4th Permanent General Assembly

14th December 2022 Godfrey IvudriaComment(0)

The Economic, Social and Cultural Council (ECOSOCC) has constituted and inaugurated its 4th Permanent General Assembly (PGA). The General Assembly is the highest decision and policy making body of ECOSOCC composed of: Two CSOs from each African Union member State; Ten CSOs operating at regional level and eight at continental level; and CSOs from the African Diaspora. The […]

Biden to Back African Union Spot in G20 at the US-Africa Summit
Africa Social

Biden to Back African Union Spot in G20 at the US-Africa Summit

13th December 2022 Godfrey IvudriaComment(0)

US President Joe Biden will back a permanent spot for the African Union in the Group of 20 major economies, seeking to elevate the continent’s role, the White House said. Biden will make the announcement during a three-day US-Africa Summit that opens on Tuesday in Washington, DC, where the United States will commit to the […]

Ugandan Legislators Pledge to Support UPDF Troops in Somalia
Africa Social

Ugandan Legislators Pledge to Support UPDF Troops in Somalia

12th December 2022 Godfrey IvudriaComment(0)

Uganda MPs have committed to support initiatives that will boost the welfare and operational capabilities of the Uganda troops deployed in Somalia under the African Union Transition Mission in Somalia (ATMIS). The legislators, who sit on the Parliamentary Committee on Defence and Internal Affairs were on a five-day visit to Somalia to assess the performance […]

FAO Steps up Emergency Cash Transfers to Drought Hit Somalia
Africa Social

FAO Steps up Emergency Cash Transfers to Drought Hit Somalia

11th December 2022 Godfrey IvudriaComment(0)

The Food and Agriculture Organization of the United Nations (FAO) said Thursday it has scaled up emergency cash transfers to respond to the drought emergency in the most drought-affected rural areas of Somalia. Etienne Peterschmitt, FAO Representative in Somalia however said the UN food agency’s famine prevention plan is currently only 26 percent funded. “Famine […]

Drought, Conflicts Force 80,000 Somalis to Shelter in Kenya
Africa Social

Drought, Conflicts Force 80,000 Somalis to Shelter in Kenya

9th December 2022 Godfrey IvudriaComment(0)

An estimated 24,000 people have arrived at the camp complex since the end of September, some of the more than 80,000 taken in there during the past two years, according to UNHCR  spokesperson Boris Cheshirkov. He said that despite a recent drop in the pace of daily arrivals at Dadaab, an arid part of northeast […]

ADF Commits $ 8.9 to Assisting Vulnerable Nations
Africa Social

ADF Commits $ 8.9 to Assisting Vulnerable Nations

9th December 2022 Godfrey IvudriaComment(0)

The African Development Fund (ADF) will commit $8.9 billion to its 2023 to 2025 financing cycle to help vulnerable African countries. This is by far the largest replenishment in the history of the fund. ADF is the concessional window of the African Development Bank (AfDB) Group, providing grants and soft loans to the continent’s low-income […]

UNICEF Appeals for USD1B for Children in Horn of Africa
Africa Social

UNICEF Appeals for USD1B for Children in Horn of Africa

8th December 2022 Godfrey IvudriaComment(0)

The UN Children’s Fund (UNICEF) on Monday launched a one-billion-U.S.-dollar emergency funding appeal to reach millions of children in the Horn of Africa region in 2023. UNICEF said it revised its emergency life-saving appeal across Ethiopia, Kenya, and Somalia from 879 million dollars in September to one billion dollars to cover 2023. It said children […]

Construction of ECOWAS Headquarters Starts in Abuja
Africa Social

Construction of ECOWAS Headquarters Starts in Abuja

7th December 2022 Godfrey IvudriaComment(0)

The China-aided construction of the permanent headquarters of the Economic Community of West African States (ECOWAS) has began in Nigeria’s capital, Abuja, to consolidate the regional bloc’s operations in one complex — a departure from operating at three different locations in Abuja. At least three West African leaders including Nigerian President Muhammadu Buhari and his […]

AU Seeks Commitment to Ends AIDS as a Threat by 2030
Africa Social

AU Seeks Commitment to Ends AIDS as a Threat by 2030

6th December 2022 Godfrey IvudriaComment(0)

The AU Commission organized a high-level commemoration event in Addis Ababa, Ethiopia, to re-ignite the political commitment to end AIDS as a public health threat in Africa by 2030.‎ The event was organised in ‎collaboration with the Ministry of Health of Ethiopia, Africa Centres for Disease Control and ‎Prevention (CDC)‎, the Organization of African First Ladies for […]

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In the market

Standard Chartered launches Offshore Mutual Funds
Africa Markets

Standard Chartered launches Offshore Mutual Funds

23rd January 202323rd January 2023 Godfrey Ivudria Comment(0)

Kampala, Monday, 23rd January 2023: Standard Chartered Bank Uganda has today launched an offshore Mutual Funds product for their clients during a press conference held at Kampala Serena Hotel and presided over by the Bank’s CEO, Sanjay Rughani and Keith Kalyegira, the CEO, Capital Markets Authority among other executives. With this proposition, the Bank’s clients will enjoy access […]

Kenya’s Economy to Slow Down at 5% in 2023

Kenya’s Economy to Slow Down at 5% in 2023

23rd January 202323rd January 2023 Godfrey Ivudria Comment(0)

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