Finance & Banking
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AfDB convenes stakeholder workshop to scale youth-owned climate solutions
ABIDJAN, March 25, 2026 — The African Development Bank Group [AfDB] has concluded a stakeholder consultative workshop, bringing together business leaders, policymakers and development partners to advance youth-owned adaptation solutions supported by…
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PSC in Uganda hits Shs 25.43trn in January 2026-report
KAMPALA, March 25, 2026 — The stock of outstanding private sector credit [ PSC ] in Uganda edged up by 0.3 percent to Shs 25.43 trillion in January 2026, from Shs 25.35trn…
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Afreximbank, FCI to host landmark trade finance conference in Kampala
KAMPALA, March 24, 2026 — African Export-Import Bank [Afreximbank] and FCI will jointly host the Africa Regional Conference on Factoring, Receivables Finance and Credit Insurance on April 15-16, 2026 in Kampala, Uganda,…
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EBO SACCO assets hit Shs 120bln as experts call for tighter regulation
MBARARA — EBO SACCO Limited has crossed the Shs 120 billion asset mark, posting strong growth that leaders say underscores the benefits of central bank regulation for large cooperative financial institutions. The…
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Uganda, China EXIM Bank seal deal to drive tenfold economic growth
KAMPALA, March 23, 2026 — Uganda has strengthened its economic partnership with the Export-Import Bank of China [Exim Bank] following high-level talks aimed at accelerating industrialisation and delivering a tenfold expansion of…
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Stanbic lending to SACCOs hits Shs 289bn as inclusion drive deepens
KAMPALA, March 23, 2026 — Stanbic Uganda Holdings Limited extended Shs 289 billion in loans to 912 savings groups and community finance institutions in 2025, underscoring a growing push to widen access…
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Co-operative Bank of Kenya profit hits record Ksh 30bln as lending and digital banking fuel growth
NAIROBI, March 22, 2026 — Co-operative Bank of Kenya has posted a record net profit of about Ksh 30 billion for the year ended December 2025, as growth in lending, customer deposits…
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Middle East conflict: Central banks face higher inflation
By William White LONDON, March 22, 2026 — The world’s central bankers are in a quandary over the Iranian war and the inflationary pressure it generates. They must be reflecting that, having…
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African banking giants set sights on Kenya in East Africa expansion push
NAIROBI, March 20, 2026 — Kenya is emerging as the new battleground for Africa’s biggest banks, with major lenders racing to secure a foothold in what is increasingly seen as the gateway…
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Bank of Tanzania Joins AFC as equity shareholder, strengthening sovereign support and shareholder diversification
DAR ES SALAAM, March 19, 2026 — Africa Finance Corporation, the continent’s leading infrastructure solutions provider, today announced that the Bank of Tanzania [BOT] has made an equity investment in the Corporation,…
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