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Kenya: Ministries Explain Sh8.1 Billion Suspect Allocations
The government has come out to explain suspect allocations of Sh8.1 billion in small amounts to infrastructure projects in the new budget that were flagged by the Parliamentary Budget Office
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Source: allAfrica.com
South Africa: Waheeda Amien Appointed to Advisory Committee On Matrimonial Property Law
[UCT] Associate Professor Waheeda Amien, an academic in the University of Cape Town's (UCT) Faculty of Law, has been selected to serve as a member of the South African Law Reform Commission's (SALRC) Advisory Committee on the Review of Aspects of Matrimonial Property Law.
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Source: allAfrica.com
Belize seeking extension to pay bondholders | New York Carib News
The Belize government has formally informed bondholders that it will not be able to make a scheduled US$7 million coupon payment to its international bondholders that was due on Thursday.
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Source: The New York Carib News
Tanzania: Wildlife Conservation Set to Attract More Investments
[Daily News] THE government has begun issuing certificates to investors wishing to invest in wildlife conservation, a move which is expected to motivate investments and enhance local content in the country's wildlife conservation.
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Source: allAfrica.com
Africa: Cop26 - Untying the Climate Funding Knot
[Chatham House] There is never a good time for a financial crisis. It is a double tragedy when it comes amid a health and climate crisis.
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Source: allAfrica.com
World Bank approves additional $6.8 million to strengthen education service delivery in Sierra Leone
Sierra Leone Telegraph: 18 June 2021: The government of Sierra Leone will receive $6.85 million in additional financing to support the COVID-19 education response in the country, the World Bank announced yesterday. Funded by the Global Partnership for Education (GPE) under the Free Education
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
A loud demand for change
Court cases were proceeding at a snail’s pace and the municipal and county police forces effectively replaced the lynch mobs as agents to control the
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Source: The Bay State Banner
Crocodile-skin supplier to list on new Zim bourse | Fin24
Padenga Holdings, one of the world’s largest suppliers of crocodile skins for luxury bags and shoes, received shareholder approval to list on Zimbabwe’s new bourse, which trades exclusively in US dollars.
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Source: https://www.news24.com
Rwanda: COVID-19 - Businesses Invited to Apply for Bailout as Govt Rolls Out Rwf100 Billion Fund
Local businesses have been invited to begin applying for funding under the Economic Recovery Fund (ERF), a two-year facility established by Government to cushion businesses affected by the Covid-19
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Source: allAfrica.com
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JARAMILLO: After managing coronavirus, Kenya should trim debts
Carlos F Jaramillo, World Bank country director for Kenya, Rwanda, Somalia and Uganda, leaves for new role in Latin
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Source: The East African
Tea body’s fate sealed as new regulations sent to AG office
Tea body’s fate sealed as new regulations sent to AG office
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Source: Business Daily
New #SaveTheSalon Fund to Raise $2 Million for Black Hairstylists
In partnership with Ben Felicia Horowitz, Jack Dorsey’s #startsmall (the chief executive of Twitter and Square) Libra/The Pritzker Family, and The Charles and Lynn Schusterman Family Foundation, Mayvenn is raising funds to bring much-needed relief to hairstylists in the Black
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Source: http://www.blacknews.com
Wells Fargo makes major investment in Black-owned banks – Daytona Times
BY STACY M. BROWN NNPA NEWSWIRE The banking giant has selected six African American minority depository institutions (MDIs) for equity investments. Broadway Federal Bank in Los Angeles, Carver Federal Savings Bank in New York, Citizens Savings Bank & Trust in Nashville, Commonwealth National Bank
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Source: Daytona Times
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Uganda: We Have Enough Money to Fund Oil Investments - Absa
[Monitor] Absa has told investors in the gas and oil sector that it has resources to finance oil activities. The money, the bank said, is available and has no cap on how much one can access, noting applications will be assessed on a case-by-case basis.
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Source: allAfrica.com
Being positive about S&P negative outlook - Trinidad and Tobago Newsday
The decision of international ratings agency Standard and Poors (S&P) to change its economic outlook for TT last Thursday from stable to negative has triggered mixed views. Minister of Finance Colm Imbert has noted S&P reaffirmed TT's investment grade of BBB-, in a sign that the countr
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Source: Home - Trinidad and Tobago Newsday
BEA, Wells Fargo Team Up To Help Black Businesses, Entrepreneurs news -The Black Chronicle
The Black Economic Alliance and Wells Fargo have launched the Black Economic Alliance Entrepreneurs Fund (BEA Fund), to accelerate the growth of Black entrepreneurs and business owners. The $50
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Source: The Black Chronicle
Angola: Recovered Money Spent On Public Projects
[ANGOP] Luanda -- Angolan government said that the money, so far recovered by the authorities, is being channeled into the public projects underway across the country.
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Source: allAfrica.com
Africa: Zenith Bank Head Woos Investors to Africa
[Daily Trust] The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu, has called for increased impact investing in Africa for the continent to attain its full potential.
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Source: allAfrica.com
Making the case for a strong Black economy in the 9th District - TSDMemphis.com
by Corey Strong   While Memphis and Shelby County wrestles with how to economically respond to COVID-19 in the short term, I am more concerned with the long term impacts the pandemic will have on our economy. In the post-COVID world, technology is king and unskilled work forces are susceptible to
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Source: TSDMemphis.com - The New Tri-State Defender - TSDMemphis.com
TSU to pay off students’ balances in move to lift financial burden - TSDMemphis.com
NASHVILLE – Returning Tennessee State University students can spend more time focusing on their studies and less time worrying about finances after TSU announced it will be paying off their account balances.  Instead of visiting the financial aid office, desperately seeking funds to cover previous
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Source: TSDMemphis.com - The New Tri-State Defender - TSDMemphis.com
Rwanda: Senate Approves Rwanda's Entry Into Africa Finance Corporation
[New Times] The Senate has approved the bill for the ratification agreement of Rwanda's entry into the Africa Finance Corporation (AFC), with senators saying that the country will get economic development gains from it such as through infrastructure financing.
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Source: allAfrica.com
Wells Fargo makes major investment in six Black-owned banks | New Pittsburgh Courier
BASED IN LOS ANGELES, Broadway Federal Bank is one of the several minority depository institutions that Wells Fargo is investing in. by Stacy M. Brown For New Pittsburgh Courier (NNPA)—Wells Fargo is observing Black History Month in a meaningful way. The banking giant has selected six African
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Source: New Pittsburgh Courier - Powered by Real Times Media
Englands privatised water firms paid £57bn in dividends since 1991 - The New York Beacon
English water companies have handed more than £2bn a year on average to shareholders since they were privatised three decades ago, according to analysis for the Guardian. The payouts in dividends to shareholders of parent companies between 1991 and 2019 amount to £57bn – nearly
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Source: The New York Beacon - Arming Black Millennials With Information
BEA, Wells Fargo Team Up To Help Black Businesses, Entrepreneurs
The Black Economic Alliance and Wells Fargo have launched the Black Economic Alliance Entrepreneurs Fund (BEA Fund), to help Black Businesses
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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent
Uganda: Museveni Rejects Move to Split NSSF
President Museveni has rejected a proposal to split oversight over the National Social Security Fund (NSSF), saying it should be placed wholly under the Ministry of Finance, Planning and Economic
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Source: allAfrica.com
Sponsored by Greater Boston Veterans Collaborative
Why stocks rebound before the economy
Unemployment is hovering. Company earnings are shrinking. And we’re nearly definitely in a recession. Sowhy has the inventory market which was down 34% at its bear market low on March…
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Source: The Black Chronicle
U.S. Bank donates $5 million to local communities as part of Rebuild and Transform Fund | The Florida Star | The Georgia Star
Minneapolis, MN, September 23, 2020 – U.S. Bank announces $5 million in donations to local communities as part of its $15 million U.S. Bank Foundation Rebuild and Transform Fund, addressing rebuilding in corridors impacted by social unrest and systemic racial inequities in small business, housing
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Source: The Florida Star
Making the case for a strong Black economy in the 9th District
However, the most important point made is that Black Lives Matter, especially as it pertains to the work force of Memphis and the 9th
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Source: TSDMemphis.com - The New Tri-State Defender - TSDMemphis.com
Treasury Secretary Janet Yellen Releases Bold Climate Agenda
Reuters – U.S. Treasury Secretary Janet Yellen on Wednesday pledged to aggressively tackle climate change using all the tools at her disposal, warning that a failure to do so effectively…
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Source: The Black Chronicle
Tanzania: World Bank Approves U.S.$292 Million Funding for Infrastructure Projects in Zanzibar
[East African] The World Bank has approved a $292 million fund for infrastructure projects in Zanzibar.
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Source: allAfrica.com
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Uhuru revives Mt Kenya political ties as Raila warms up to Ruto
Eight killed by floods in Tana River since November
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