Finance & Banking
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Mushanga SACCO launches digital platform for loans, embraces agency banking
SHEEMA, March 4, 2026 – Mushanga SACCO has embraced agency banking and unveiled “MSACCO Loan”, a mobile platform enabling members to access loans via their phones. The innovation was launched during the…
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Finance Trust Bank, IPED partner to enhance women-led businesses through loan access
KAMPALA, March 2, 2026 – Finance Trust Bank [FTB] has partnered with the Initiative for I&P Entrepreneurs & Development [IPED] to improve access to loan facilities for women-owned business across Uganda. The…
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AfDB and AU renew push for visa-free travel to accelerate Africa’s economic transformation
ABABA, March 1, 2026 — African policymakers, business leaders, and development institutions have renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s…
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Gov’t committed to delivering 10-fold growth strategy, UDB RISE Forum told
KAMPALA, February 28, 2026 — Uganda has reaffirmed its commitment to an ambitious 10-fold economic growth strategy aimed at expanding the country’s gross domestic product [GDP] from US$ 50 billion to US$…
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AfDB awards $16.6 million grant to IITA to scale agricultural technologies in Africa
ABUJA, February 28, 2026 — The African Development Bank Group [ AfDB ] and the International Institute of Tropical Agriculture [IITA] have signed a US$ 16.61 million grant agreement to launch the…
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Equity Bank Uganda shifts protection of customer data from Nairobi to Kampala
KAMPALA, February 27, 2026 – Equity Bank Uganda has transferred all its customer data from Nairobi to a major data centre in Kampala for better protection, officials said yesterday. The data is…
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AFD–UDB partnership unlocks Shs 169bln to accelerate Uganda’s development agenda
KAMPALA, February 26, 2026 — Uganda’s economic growth has received a significant boost following the signing of a €40 million [approximately Shs 169 billion] financing agreement between the Agence Française de Développement…
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Tororo officials urged to ensure PDM beneficiaries repay loans as agreed
TORORO, February 26, 2026 — Tororo District Local Government has directed the first beneficiaries of the Parish Development Model [PDM] to begin repaying loans disbursed under the programme, following the expiry of…
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Equity Bank empowers salon entrepreneurs with business skills
KAMPALA, February 25, 2026 — Equity Bank Uganda has trained more than 120 salon entrepreneurs in Kampala and surrounding districts, equipping them with essential business skills including leadership and record-keeping. The participants…
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Gov’t begins disbursement of additional Shs 20mln to Emyooga SACCOs in Bunyoro
KIKUUBE, February 25, 2026 — The Government of Uganda, through the Microfinance Support Centre [MSC], has begun disbursing an additional Shs 20 million to each active Emyooga Savings and Credit Cooperative [SACCO]…
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