International news - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Cyberattack hits over 400 French supermarkets, spoils food

Sacco ReviewOctober 13, 202603 mins

A cyberattack has disrupted operations at hundreds of supermarkets in France. Retailers are counting the cost of widespread refrigeration failures. Investigators are examining vulnerabilities in equipment used to preserve food supplies. More than 400 supermarkets in France were affected by a cyberattack that forced refrigeration systems to heat up to 50°C, destroying fresh and frozen…

ACCOSCA seeks deeper cooperative ties with Botswana

Sacco ReviewSeptember 23, 202602 mins

ACCOSCA seeks stronger cooperative partnerships with Botswana Botswana officials held talks with ACCOSCA leaders in Nairobi The engagement targets financial inclusion and sustainable cooperative growth The African Confederation of Co-operative Savings and Credit Associations (ACCOSCA) is seeking to deepen its partnership with Botswana as part of efforts to strengthen cooperative development and financial inclusion across…

East African farmers to access Sh25.9bn climate adaptation fund

Sacco ReviewSeptember 11, 202604 mins

East African farmers will access a Sh25.9bn climate finance fund. The programme targets 260,000 farmers and 500 rural businesses. Funds will support irrigation, livestock, storage, renewable energy and agro-processing. Smallholder farmers and rural businesses across East Africa are set to benefit from a new Sh25.9 billion climate finance mechanism, designed to help them invest in…

Regional body urges calm amid Kenya foreign trader crackdown

Sacco ReviewSeptember 9, 2026September 9, 202605 mins

Regional trade body urges foreign traders to remain calm. CMSEO EA says the directive targets undocumented businesses, not lawful traders. Traders are urged to keep immigration and business documents in order. Nairobi’s small business scene has been on edge lately, and now a regional trade body wants to bring the temperature down. The Confederation of…

IFAD, Equity launch $200m climate finance mechanism

Sacco ReviewSeptember 4, 202609 mins

IFAD and Equity launch a US$200 million climate finance mechanism. ARCAFIM targets 260,000 farmers and 500 rural businesses. Women and youth will make up at least 80 percent of beneficiaries. The International Fund for Agricultural Development (IFAD) and Equity Group have launched the Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM), a US$200 million (Ksh25.89 billion)…

BDO India, EACREEE win AfDB deal for KTDA energy study

Sacco ReviewSeptember 2, 202604 mins

AfDB awards a clean energy feasibility study contract for KTDA facilities. The six month study will assess viable renewable energy options. BDO India and EACREEE won the contract through competitive bidding. The African Development Bank (AfDB) has awarded a consultancy contract to BDO India Services Private Limited, working in consortium with the East Africa Centre…

Kenya backs proposal to extend AGOA to 2028

Sacco ReviewAugust 28, 202605 mins

Kenya backs AGOA extension to 2028 for continued US market access. Tea, coffee, flowers and nuts could benefit from tariff free exports. Government pushes value addition to boost agricultural export earnings. Kenya has welcomed a proposal to extend the African Growth and Opportunity Act (AGOA) to December 2028, saying the move would provide exporters with…

ACCOSCA graduates co-op professionals from 12 countries

Sacco ReviewAugust 25, 202602 mins

Nearly 50 cooperative finance professionals from 12 countries have graduated from ACCOSCA’s ADE Programme. The seven day training focused on stronger Sacco leadership, governance and financial inclusion. Applications for the 2027 ADE classes open on September 1, 2026. Nearly 50 cooperative finance professionals from 12 countries have completed the African Development Educators (ADE) Programme in…

ACCOSCA champions Africa’s cooperative voice in Fiji

Sacco ReviewAugust 21, 202603 mins

ACCOSCA takes Africa’s cooperative finance experience to a major global dialogue in Fiji. The engagement highlights how cooperative finance can drive inclusive economic participation. African and Pacific stakeholders explore stronger collaboration to advance the cooperative movement. The African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) has taken Africa’s cooperative finance experience to a high-level…

Kenya grants ACCOSCA diplomatic status in landmark deal

Sacco ReviewAugust 14, 202603 mins

Kenya has granted ACCOSCA diplomatic status through a new Host Country Agreement. The agreement was signed by Prime Cabinet Secretary Musalia Mudavadi and ACCOSCA Head of Mission George Ombado. The status is expected to strengthen ACCOSCA’s operations and its role in promoting the Sacco movement across Africa. The Government of Kenya has signed a Host…