Finance & Banking
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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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Teso farmers struggling to access Agricultural Credit Facility
SOROTI, August 6, 2025 –– Farmers in the Teso Subregion in eastern Uganda are facing difficulties accessing the Agricultural Credit Facility [ACF], which was established to help boost agricultural production. The ACF…
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New law to require bankers to hold professional practising licence
KAMPALA, August 3, 2025 –– The Government of Uganda plans to table a new bill in Parliament that will require all practising bankers in the country to hold a professional practising licence.…
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Pride Bank wins big at the 2025 Annual Agricultural Excellence Awards
KAMPALA, July 30, 2025 – Pride Bank Limited has been honoured with the Agri-Finance Award [Credit Finance] at the prestigious 2025 Annual Agricultural Excellence Awards. Held under the theme ‘Celebrating Excellence and…
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Uganda launches stocktake of updated NDC and begins development of NDC 3.0
KAMPALA, July 29, 2025— The Government of Uganda, with support from the African Development Bank [AfDB], has officially launched the stocktake of its updated Nationally Determined Contribution [ NDC ] and initiated…
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