News
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BoU raises Shs 1.86trn from treasury bills and bonds in June 2025
KAMPALA, July 24, 2025 — Uganda’s domestic debt market remained active in June 2025, with the government through Bank of Uganda [BoU] raising Shs 1.86 trillion from three auctions of treasury bills…
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Over 50 SACCOs face auction over Ksh 1.36bln in unpaid KUSCCO loans
NAIROBI, July 24, 2025 — At least 58 Savings and Credit Cooperatives [SACCOs] across Kenya are at risk of losing their assets through auction after defaulting on loans totaling Ksh 1.36 billion…
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Farmers urged to preserve cashew trees as Soroti factory nears
SOROTI, July 24, 2025 — Farmers in the Teso Subregion have been urged to preserve their cashew trees in anticipation of a new processing factory set to be established in Soroti City.…
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UMA urges private sector to embrace cooperative business model to strengthen market control
KAMPALA, July 24, 2025 — The Uganda Manufacturers Association [UMA] has called on the private sector to adopt the cooperative business model across various stages of production in order to strengthen market…
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Masindi DRDC applauds Boda Boda Emyooga SACCO for strong performance
MASINDI, July 24, 2025 — The Deputy Resident District Commissioner [DRDC] of Masindi, Dhaala Sanon, has praised the Buruli Constituency Boda Boda Emyooga SACCO for its impressive performance, particularly its strong saving…
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Africa: New bank leadership, capital strategies drive African mining investment push
CAPE TOWN, July 23, 2025 — Several African multilateral banks and financial institutions have undergone significant leadership transitions this year aimed at aligning financial strategies with the continent’s evolving development and industrialisation…
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Kwania PDM SACCO elects new leadership after three years
KWANIA, July 23, 2025 — Members of the Teduka Ward Parish Development Model Savings and Credit Cooperative Organisation [PDM SACCO] in Kwania district have elected a new governing board to lead the…
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Major African Energy Fund backs electric cooking expansion in Uganda, Kenya, and Zambia
KAMPALA, July 23, 2025 –– The Sustainable Energy Fund for Africa [SEFA], managed by the African Development Bank [AfDB], is supporting efforts to reduce charcoal dependence in Uganda, Kenya, and Zambia through…
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Farmers demand answers over missing payments as armed gang steals coffee cherries worth US$ 140,000
NAIROBI, July 23, 2025 –– Kenya’s Mathira coffee farmers are demanding urgent answers over missing and delayed payments for the 2024/25 season. The growers claim they have not been paid for over…
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More Changes to the EUDR Considered Likely Before Implementation
BRUSSELS, July 23, 2025 — The EU Deforestation Regulation [EUDR] covers various commodities and is currently scheduled to apply to operators and traders starting at year-end. In late 2024, EUDR compliance was…
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