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Fertilizer Access Grows Farmers, Food and Finance

Brightly coloured cans, bags of fertilizer and packets containing all types of seeds catch the eye upon entering Nancy Khorommbi’s agro dealer shop tucked at the corner of a roadside service station.

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Brexit: Shock, confusion hit East Africa too

East African economies are bracing themselves for the consequences of Britain’s vote to leave the European Union. Central banks said they needed to monitor the immediate impact of the vote on money markets, before they could begin to consider interventions to tame volatility.

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Fitch concerned over Kenya, Uganda aggressive borrowing

Kenya and Uganda risk losing their good credit rating if they continue borrowing heavily to support their ambitious infrastructure projects, analysts at Fitch Rating have warned.

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How S&P evaluates South Africa’s credit rating

JOHANNESBURGCredit rating agency, Standard & Poor’s says the primary sources of data its uses to determine South Africa’s credit rating come from domestic institutions, such as Statistics South Africa, the South African Reserve Bank (Sarb) and the National Treasury.

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EAX, ABC bank eye grain farmers with loans deal

ABC Bank and the East Africa Exchange (EAX) have signed a deal that will make it easier for farmers to borrow through the use of warehouse receipts. Farmers who supply maize and other grains to stores certified by the EAX will be given electronic warehouse receipts which will indicate the quantity and quality of grains that have been delivered.

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In defence of the African Union

It’s easy to take pot shots at the African Union – and frankly, these can be well-deserved. But it’s a mistake to write the organisation off entirely. In fact, it does plenty to justify its standing as Africa’s only continental institution. For all its faults, Africa is better with the AU than without it.

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