Finance & Banking
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Standard Chartered Hosts Investment Dialogue Highlighting Cross-Border Trade as Catalyst for Uganda’s Tenfold Growth Strategy
KAMPALA, May 23, 2025 –– Standard Chartered Bank Uganda yesterday hosted a high-level Uganda Investment Dialogue in Kampala centred on cross-border trade as a key driver of the country’s ambitious tenfold growth…
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Kenya’s Prime Time SACCO joins billionaires’ club
ITEN, May 23, 2025 – – Prime Time SACCO has recorded a strong performance for the 2024 financial year, crossing the KSh 1 billion asset mark and officially joining Kenya’s “billionaires’ club”.…
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aBi Finance and UIBFS equip small financial institutions with crucial ESG skills
FORT PORTAL CITY, May 23, 2025 –– In a move to strengthen sustainability in Uganda’s financial sector, aBi Finance Limited, in partnership with the Uganda Institute of Banking and Financial Services [UIBFS)],…
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Afreximbank reports strong performance for Q1 2025 in line with expectations
KAMPALA, May 22, 2025 — African Export-Import Bank [ Afreximbank ] which operates an affiliate in Kampala has released the consolidated financial statements of the Bank and its subsidiaries for the three…
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Soroti District Council approves Shs 35.9bln budget for FY 2025/2026
SOROTI, May 19, 2025 – The Soroti District Council has approved a budget of Shs 35.9 billion for the 2025/2026 financial year [YF], marking a reduction from the current year’s allocation of…
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Kikuube District Council approves Shs 33.6bln budget to enhance service delivery
KIKUUBE, May 19, 2025 –– The Kikuube District Council has approved a budget of over Shs 33.6 billion for the 2025/2026 financial year [FY], with councillors expressing optimism that the funding will…
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SACCOs urge government to introduce subsidised agricultural insurance to tackle climate change
MBARARA CITY, May 18, 2025 –– Savings and Credit Cooperative Organisations [SACCOs] in western Uganda have appealed to the government to introduce affordable agricultural insurance and climate finance support to help smallholder…
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ITFC commits EUR 106mln to boost cotton production in Burkina Faso
OUAGADOUGOU, May 17, 2025 – – The International Islamic Trade Finance Corporation [ITFC], the trade finance arm of the Islamic Development Bank [IsDB] Group, has renewed its longstanding support to the Republic…
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Co-operative Bank of Kenya posts 7.5 percent rise in pre-tax profit
NAIROBI, May 16, 2025 — The Co-operative Bank of Kenya demonstrated resilience and adaptability in 2024, posting a 7.5 percent increase in profit before tax to Kshs 34.8 billion, up from Kshs…
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Cultural barriers prevent Karamoja women from accessing GROW project loans
KOTIDO, May 16, 2025 –– In the arid plains of Karamoja Subregion, where women play a central role in agriculture and entrepreneurship, a quiet struggle continues — financial exclusion rooted in traditional…
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