Finance & Banking
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Gov’t, Afreximbank sign €270mln loan for infrastructure development
KAMPALA, August 22, 2025 – In a bid to improve road infrastructure and other key sectors across the country, the Government of Uganda has secured a €270 million loan [approximately Shs 1.1…
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Stanbic posts Shs 355 billion gross profit in first half of 2025, but dividend remains unchanged
KAMPALA, August 18, 2025 – Stanbic Uganda Holdings Limited [SUHL] has released its financial results for the first half of 2025, reaffirming its strategic commitment to supporting Uganda’s economic development and fiscal…
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Network International expands portfolio with Absa Bank
KAMPALA, August 15, 2025 — Network International [Network], a leading enabler of digital commerce in the Middle East and Africa, has been chosen by Absa Business Banking, one of Africa’s leading business…
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Politics: Businessman Tanna roots for formation of cooperative in manifesto
LIRA CITY, August 14, 2025 – The ruling National Resistance Movement [NRM] Entrepreneurs League has been urged to form a cooperative to enable party’s entrepreneurs access affordable financing more easily. Businessman Sanja…
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AfDB backs AI training to boost Agenda 2063 implementation across Africa
LUSAKA, August 13, 2025 — The African Development Bank is supporting a new Artificial Intelligence [ AI ] training initiative to advance the implementation of Africa’s continental development blueprint, Agenda 2063: The…
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Africa’s fuel dependency: A crisis waiting to happen
KAMPALA, August 13, 2025 — Picture this: for 30 days, petroleum product imports into Africa come to a complete stop. Across Lagos, Johannesburg, Kinshasa, Cairo, and Nairobi, endless fuel queues snake through…
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Samia urges Coop Bank to provide affordable loans to boost agricultural value chains
DODOMA, August 12, 2025 — The President of Tanzania, Samia Suluhu Hassan, has called on the Co-operative Bank of Tanzania [Coop Bank] to provide low-interest loans to cooperative members in order to…
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EAC launches Regional Customs Bond to unlock trade efficiency
KAMPALA, August 10, 2025 –The East African Community [ EAC ] launched the EACBond, a regional customs guarantee instrument that replaces the need for multiple national bonds when transporting goods across Partner…
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Equity Bank courts Ugandans in South Africa with tailored financial services
JOHANNESBURG, August 9, 2025 – One of Uganda’s top commercial banks, Equity Bank Uganda has launched a suite of financial services specifically designed for Ugandans living in South Africa, focusing on diaspora…
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Kapchorwa NRM leaders launch VSLA for financial access and political mobilisation
KAPCHORWA, August 7, 2025 – In a move aimed at fostering financial independence and enhancing grassroots political mobilisation, the National Resistance Movement [NRM] party leaders in Sirimityo Parish, Kapchorwa District, have officially…
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