Finance & Banking
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Borrowing on Mobile Money? Your Digital habits may be building or damaging your Financial Reputation
KAMPALA, June 23, 2026 — Every day, millions of Ugandans borrow money through mobile money platforms and other digital channels. You no longer have to leave work, close your business, or spend…
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Diaspora savings drive new climate investment model in Kenya through SACCOs
NAIROBI, June 23, 2026 — Nearly US$ 5 billion in annual remittances from the Kenyan diaspora is set to support climate solutions through a new initiative that creates a direct pathway for…
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ICIEC provides US$65mln insurance backing for Akii-Bua Olympic Stadium
KAMPALA, June 22, 2026 — The Islamic Corporation for the Insurance of Investment and Export Credit [ICIEC], a Shariah-compliant multilateral insurer and member of the Islamic Development Bank [IsDB], has provided insurance…
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Kenya to host ATIDI’s 26th AGM following quarter century anniversary
NAIROBI, June 21, 2026 — The African Trade & Investment Development Insurance [ATIDI] will hold its 26th Annual General Meeting [AGM] from June 30-July 3, 2026 in Nairobi, Kenya. The AGM will…
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IsDB approves €650.75mln financing for Uganda’s SGR
KAMPALA, June 21, 2026 — The Executive Board of the Islamic Development Bank [ IsDB ] has approved financing worth €650.75 million [approximately Shs 2.8 trillion] for Uganda’s Standard Gauge Railway […
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Uganda’s outstanding PSC jumps 1.8 percent in April 2026
KAMPALA, June 20, 2026 — Uganda’s stock of outstanding private sector credit [PSC] increased by 1.8 per cent to Shs 26.43 trillion in April 2026, up from Shs 25.9trn recorded in March,…
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Italy Forum to Mobilise Capital and Accelerate Industrial Development Across Africa
ROME June 18, 2026 — Africa Finance Corporation [AFC], the continent’s leading infrastructure solutions provider, have signed a series of strategic cooperation agreements with leading Italian partners at the AFC–Italy Business Forum…
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IsDBI and ADBI Unveil Innovative Sukuk Mechanism to Expand SMEs’ Access to Islamic Capital Markets
BAKU, June 18, 2026 — The Islamic Development Bank Institute [ IsDBI ] and the Asian Development Bank Institute [ADBI] have jointly unveiled a pioneering study proposing the Ṣukūk Enhancement Fund [SEF]…
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Affinity Africa report lays bare the cost of Africa’s cash dependency — and the actions needed to break it
ACCRA and LONDON, June 17, 2026 — Affinity Africa, Ghana’s leading digital banking platform, has released a new report in collaboration with the Mo Ibrahim Foundation and Yale’s International Leadership Centre examining the drivers…
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Global Leaders to Gather in China for Summer Davos to Scale Innovation and Drive Growth
DALIAN, 17 June 2026 – The World Economic Forum will convene the 17th Annual Meeting of the New Champions in Dalian, People’s Republic of China, from June 23-25, 2026. Held under the…
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