Marta follows in the footsteps of Pelé in receiving the FIFA Special Award (www.FIFA.com); The six-time Women’s World Player of the Year is a role model on and off the pitch; “I’m happy to know that this prize is not being given only to Marta, but to all women, in the name of equality”, said the Brazilian icon. Earlier this week, Marta received The FIFA Special Award during The Best FIFA Football […]

The African Development Bank (www.AfDB.org) and the United Kingdom have announced the selection of the Transmission Network Improvement Project in Kenya as a beneficiary project under the Room to Run Sovereign transaction (R2RS) (https://apo-opa.co/3U3D0CP). This means that up to $59 million of the $116 million total project cost corresponding to the climate mitigation component of the loan, was made possible through the additional capital unlocked by the UK Government guarantee. Approved […]

The African Development Bank (www.AfDB.org) and the UK have announced the Secondary Town Stormwater Drainage Project in Benin as the latest beneficiary project under the Room to Run Sovereign transaction (R2RS). Under the R2RS transaction, the UK Government provided a guarantee to the Bank, unlocking additional climate finance for projects across Africa. It is estimated that $106 million of the loan amount extended to this project in Benin was made […]

Last year, UNHCR, the UN Refugee Agency, responded to a sharply higher number of new or deepening humanitarian crises – the highest annual number of declared emergencies in the last 10 years. According to the Emergency Preparedness and Response in 2023 report published today, UNHCR issued 43 emergency declarations to scale up support in 29 countries and dispatched 7.4 million relief items to serve up to 16.7 million people around […]

President William Ruto has joined other Heads of State and Government for the 19th Non-Aligned Movement (NAM) Summit. At the opening session of the meeting that is taking place in Kampala, Uganda, President Yoweri Museveni was elected unanimously as the Chairman of NAM. Uganda, which succeeds Azerbaijan, will serve for three years at the Forum that was established in 1961. South Sudan is expected to be admitted into the 120-Member […]

Merck Foundation CEO (www.Merck-Foundation.com) recognized and congratulated the Winners of Fashion, Song and Film Awards “More Than a Mother” and “Diabetes&Hypertension” Awards 2022 and planning to announce the winners of 2023 awards around March 2024; Merck Foundation CEO also announced call for application for 2024 Merck Foundation Fashion, Song and Film Awards in partnership with The First Ladies of Africa - apply now at submit@merck-foundation.com; ​You can watch the Merck Foundation Fashion, Song […]

The Civil Society Budget Advocacy Group (CSBAG) has called on government to enforce mechanisms aimed at controlling the increasing domestic arrears. Led by the programme advisor, Jeff Wadulo, the group expressed concern that the rate at which the arrears have accumulated is worrisome and reflects little or no effort to enforce the 2021 strategy to eliminate and control domestic arrears. In the next financial year, government has allocated Shs217 billion […]

Minister of State (MoS) Shri. V. Muraleedharan will visit Kampala, Republic of Uganda from 20-22 January 2024, to participate in the Third South Summit of the Group of 77 and China (G-77). The theme of the Summit "Leaving No One Behind”, sits in line with India’s vision of Vasudhaiva Kutumbakam – the World is one Family and leaders of this cross-regional group will meet with the aim of strengthening cooperation […]

In an effort to streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase (www.Backbase.com), the renowned expert in engagement banking platform solutions worldwide. Established in 2017 with a primary focus on retail and corporate segments, LIB has been a steady presence in the financial landscape of Libya, abiding by the principles and legislations of Islamic Sharia. As the banking […]