Finance & Banking
-
Africa Forward Summit backs new financial architecture to drive investment and jobs across continent
NAIROBI, May 14, 2026 — The African Development Bank Group has secured strong political backing for the New African Financial Architecture for Development [NAFAD] at the Africa Forward Summit, with African leaders,…
Read More » -
Over 100 farmer groups in Kiryandongo to benefit from major World Bank project
KIRYANDONGO, May 14, 2026 — About 125 farmer groups in Kiryandongo district are set to benefit from the World Bank-funded Uganda Climate-Smart Agricultural Transformation Project [UCSATP], being implemented by the Ministry of…
Read More » -
Nigeria’s United Capital Plc picks Rwanda as Its East and Central African hub
KIGALI, May 13, 2026 — The Capital Market Authority of Rwanda [CMA] has granted an investment banking licence to United Capital Plc’s subsidiary, United Capital Financial Services Rwanda Ltd, in a landmark…
Read More » -
Ecobank Group and AGRA forge strategic partnership to transform Africa’s agricultural value chains and drive inclusive growth
NAIROBI, May 12, 2026 — Ecobank Group and AGRA have announced a strategic partnership aimed at strengthening Africa’s agricultural ecosystem and accelerating inclusive economic growth across the continent. The Memorandum of Understanding…
Read More » -
PDM SACCO leaders in Kapchorwa arrested over alleged theft of parish funds
KAPCHORWA, May 12, 2026 — Two leaders of a Parish Development Model [PDM] SACCO in West Division, Kapchorwa Municipality, Kapchorwa district, have been arrested over the alleged misappropriation of funds meant for…
Read More » -
EBRD net profit drops 23.5 percent in 2025 despite strong investment growth
LONDON, May 12, 2026 — The European Bank for Reconstruction and Development [ EBRD ] recorded a strong financial year in 2025, posting a net profit of €1.3 billion, down 23.5 percent…
Read More » -
Zombo district approves Shs 41.5bln budget for FY2026/27
ZOMBO, May 10, 2026 — Zombo District Council has approved a budget of Shs 41,589,259,687 for the 2026/27 financial year during a council meeting held on Wednesday. The theme of this year’s…
Read More » -
Co-operative Bank of Tanzania reports strong growth after first year
DODOMA, May 10, 2026 — The Co-operative Bank of Tanzania, which launched last April, has marked its first year of operations by reporting strong growth in customer numbers. In its latest report,…
Read More » -
BoU’s Atingi-Ego advocates faster commercial dispute resolution to strengthen financial sector stability
KAMPALA, May 9, 2026 — The Bank of Uganda [BoU] Governor, Michael Atingi-Ego, has called for the effective use of Alternative Dispute Resolution [ADR] mechanisms in handling commercial disputes, saying prolonged litigation…
Read More » -
Women nominees make their mark at African Banker Awards
ABUJA, May 8, 2026 — African Banker magazine has announced a shortlist of 55 nominees for this year’s edition of its annual African Banker Awards. The winners will be announced during the…
Read More »