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FG Reiterates Commitment To Change The Narrative Of The Cooperative Sector

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The Hon. Minister of State for Agriculture & Food Security, Sen. Aliyu Abdullahi, CON, has reiterated the Federal Government’s commitment to change the narrative of the Cooperative sector to enhance sustainable economic growth, inclusivity, and food security, amongst others. The Minister disclosed this at the flag-off ceremony of the National Intensive Training workshop for trustees, management committees, and managers of cooperative societies in Nigeria held at Federal Cooperative College in Kaduna recently. He pointed out that, according to the International Cooperative Alliance (ICA), over 12% of the global population was engaged in one of the 3 million cooperatives worldwide, adding that Cooperatives was vital for sustainable economic growth, providing stable employment and work opportunities for 280 million people, which accounts for about 10% of the world’s workforce. He revealed that the largest 300 cooperatives generate a total turnover of $2.4 trillion, as repo...
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Enhancing Cooperative Visibility for a Better Africa: 11th TCAMCCO in Morocco

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The African cooperative movement is gearing up for a landmark event as the International Cooperative Alliance Africa (ICA-Africa) , in collaboration with the Office du Développement de la Coopération (ODCO) in Morocco , prepares to host the 11th Technical Committee of the Africa Ministerial Cooperative Conference (TCAMCCO) . This significant gathering will take place from May 20th to 22nd, 2025, in Essaouira, Morocco , under the inspiring theme: "Cooperative Visibility for a Better Africa: Celebrating the 2025 International Year of Cooperatives." Why This Event Matters Cooperatives have long been a driving force behind economic empowerment, job creation, and sustainable development across Africa. However, their contributions often remain underrepresented on the global stage. This year’s TCAMCCO aims to change that narrative by bringing together government officials, cooperative leaders, and stakeholders to strategize on ways to enhance the visibility and impa...
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Odu’a Cooperative Conglomerate Limited (OCCL) Seeks Strategic Partnerships with Banks to Boost Economic Growth

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Odu’a Cooperative Conglomerate Limited (OCCL) has extended an open invitation to banks for strategic business relationships aimed at empowering communities and fostering sustainable livelihoods. The President of OCCL, Elder Bamidele Ajibode, made this call on Wednesday during a stakeholders’ meeting with First Bank, Wema Bank, and First City Monument Bank (FCMB) . The session focused on building mutually beneficial collaborations that would strengthen small-scale businesses across the South-West region. Ajibode emphasized the critical role of cooperatives in driving economic growth, stating that small businesses in the South-West cannot thrive without strong cooperative structures . According to him, OCCL has significantly contributed to business development in the region by providing loans at very low interest rates , thereby supporting entrepreneurs and startups. A Call for Financial Partnerships To expand its impact, OCCL is inviting interested banks to initiate disc...
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The Future of Global Cooperatives: A New Era of Collaboration and Growth

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In today’s rapidly evolving world, cooperatives remain a powerful force for economic and social transformation. From agriculture to finance, healthcare to technology, cooperatives continue to demonstrate resilience, sustainability, and inclusivity. But what does the future hold for global cooperatives in 2025 and beyond? 1. Digital Transformation in Cooperatives Technology is reshaping the way cooperatives operate. Digital platforms, blockchain for transparency, and AI-powered decision-making tools are helping cooperatives become more efficient and globally connected. The rise of CoopTech—the intersection of technology and cooperatives—is expected to drive growth in financial cooperatives, supply chain management, and member engagement. 2. Climate-Smart Cooperatives With climate change affecting industries worldwide, cooperatives are leading the way in sustainable practices. Agricultural cooperatives are embracing climate-smart farming techniques, while energy cooperatives ...
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