Finance & Banking
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WBG launches initiative to improve water security for 1 billion people
WASHINGTON, April 16, 2026—The World Bank Group [WBG], in partnership with multilateral development banks, development finance institutions and key partners, today launched Water Forward, a global platform to help improve water security…
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New Wazalendo SACCO Board Assumes Office
KAMPALA, April 15, 2026 — The newly elected Board of Directors and Supervisory Board of Wazalendo Savings and Credit Cooperative Society [WSACCO] have officially assumed office following their election at the recently…
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Pearl Bank’s Wendi Wallet drives surge as deposits hit Shs 240.5bln
KAMPALA, April 16, 2026 — A quiet but notable shift is under way in Uganda’s financial sector, one that is beginning to redefine what a local bank can become. One such bank…
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Afreximbank delivers strong FY2025 results, with total assets and contingencies base of US$ 48.5bln
CAIRO, Egypt, April 15, 2026 – The African Export-Import Bank [ Afreximbank ] and its subsidiaries have announced strong financial results for the year ended December 31, 2025, underscoring sustained resilience, growing…
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Uganda seeks investment partnerships and IMF support at 2026 Spring Meetings in Washington D.C
KAMPALA, April 14, 2026 — The Ministry of Finance, Planning and Economic Development has dispatched a high-level delegation to the 2026 International Monetary Fund [ IMF ]-World Bank Group [WBG] Spring Meeting…
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BoU targets Shs 990bln in treasury bond auction to fund gov’t operations
KAMPALA, April 14, 2026 — The Bank of Uganda [BoU] has scheduled a treasury bond [T-Bond] auction worth Shs 990 billion on April 15, 2026, as the government intensifies efforts to mobilise…
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Global energy and financial bodies warn of lasting shock from Middle East war
WASHINGTON DC, April 14, 2026 — The heads of the International Energy Agency [IEA], International Monetary Fund [IMF] and World Bank Group [WBG] have warned that the ongoing war in the Middle…
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Women entrepreneurs urged to apply for 2026 Women in Tech Accelerator Programme
KAMPALA, April 10, 2026 — Women entrepreneurs running technology and tech-enabled businesses have been encouraged to apply for the 2026 cohort of the Standard Chartered Women in Technology [WiT] Accelerator programme as…
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Uganda secures Shs 2.1trn World Bank funding for urban transformation programme
KAMPALA, April 9, 2026 — The Government of Uganda has secured US$ 540 million [approximately Shs 2.1 trillion] in financing from the World Bank to support a nationwide urban transformation programme aimed…
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Rubindi Farmers SACCO assets surge to Shs 7.87bln as members urged to drive growth through savings
MBARARA, April 8, 2026 — Members of Rubindi Farmers Co-operative Savings and Credit Society Limited [SACCO] have been urged to deepen their savings and increase share capital to sustain the institution’s rapid…
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