Her Initiative secures funding to empower extra East African girls towards monetary resilience

Her Initiative, a Tanzanian group targeted on empowering girls economically, has been awarded the distinguished 2023-2024 Africa Prize by the King Baudouin Basis. Based in 2019, Her Initiative is youth-first and women-led, aiming to equip younger girls with schooling, abilities, and sources obligatory for financial participation. They make use of modern approaches such because the…

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StopEACOP Slams Normal Financial institution for Funding East Africa Pipeline

The StopEACOP Marketing campaign has criticized Normal Financial institution, Africa’s largest lender, for its determination to supply monetary assist to the controversial East African Crude Oil Pipeline (EACOP) mission. The $5 billion mission, led by TotalEnergies, goals to move crude oil from Uganda’s oil fields to a terminal in Tanga, Tanzania. The marketing campaign alleges that…

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WFP kicks off main lean season response in West Africa amid dwindling funding for humanitarian operations

DAKAR – The United Nations World Meals Programme (WFP) is ramping up its lifesaving meals and diet help programme in West and Central Africa, focusing on 7.3 million folks throughout the ongoing June-August lean season – when meals shares run out and starvation peaks. The programme – which kicks off in June – helps nationwide…

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China again to funding SGR connecting Kenya and Uganda

By LUKE ANAMI Kenya has secured a dedication from China’s Exim Financial institution for the funding of the usual gauge railway line from Naivasha to the Uganda border. Kipchumba Murkomen, Kenya’s Cupboard Secretary of Roads and Transport, mentioned that Pan-African lender African Growth Financial institution and Kenya’s personal Railway Growth Fund would complement the Chinese…

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