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SACCO sector wins big as Museveni halts BoU regulation, directs extension of tax exemption beyond 2027
KAMPALA, January 30, 2026 — The Savings and Credit Cooperative Organisations [SACCOs] sector has secured significant policy commitments from the Government of Uganda following successful high-level lobbying and advocacy engagements led by…
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AfDB approves US$ 16.5mln loan to boost Kenya’s clean energy transition
NAIROBI, January 26, 2026 — TheAfrican Development Bank Group [AfDB] has approved a loan of US$ 16.5 million to support the development of the 35 MW OrPower Twenty-Two [OTTL] Geothermal Power Plant,…
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Nedbank moves to acquire 66 percent stake in NCBA Group
KAMPALA, January 24, 2026 — NCBA Group PLC [NCBA] has announced that it has received a Strategic Investment Proposal and a Notice of Intention [NOI] from Nedbank Group Limited to acquire approximately…
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IMF warns of rising fiscal risks in Uganda
KAMPALA, January 24, 2026 — The International Monetary Fund [ IMF ] has painted a cautiously optimistic picture of Uganda’s economic outlook while warning that growing fiscal pressures and debt vulnerabilities could…
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Network International partners with Saudi Sudanese Bank to accelerate digital transformation in Sudan’s banking sector
PORT SUDAN, January 19, 2026 — Network International [Network], a leading fintech company in the Middle East and Africa, has signed a strategic processing agreement with Saudi Sudanese Bank, one of Sudan’s…
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ACG and AfDB launch a structured strategic partnership to scale co-financing and investment in Africa
KAMPALA, January 19, 2026 — The Arab Coordination Group [ ACG ] and the African Development Bank Group [AfDB] launched a new phase of their partnership aimed at scaling co-financing, mobilising private…
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NUP rejects Museveni’s declaration as president-elect
KAMPALA, January 18, 2025 — The opposition National Unity Platform [ NUP ] has contested the declaration of President-elect Yoweri Kaguta Museveni. Yesterday, Justice Simon Byabakama, the Chairperson of the Electoral Commission,…
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New report reveals how AFCON 2025 is becoming a global sports and commercial powerhouse
KAMPALA, January 17, 2026 — Africa Sports Unified [ASU], a boutique strategic consultancy and intelligence platform focused on the Pan-African sports economy has released its Africa Cup of Nations 2025 Overview Report.…
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