Finance & Banking
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Multilateral finance institutions win big at African Banker Awards 2024
KAMPALA, May 29, 2024 – The most prestigious event in the African banking calendar, the African Banker Awards Gala Ceremony 2024, took place last night at the JW Marriott Hotel in Nairobi,…
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Bankers in Uganda elect new leadership
KAMPALA, May 22, 2024 – Local banks under the umbrella of Uganda Bankers’ Association [UBA] have elected new leaders to run the affairs of the association effective May. The new UBA leaders…
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AfDB’s Adesina presents Africa as world’s best investment destination
RIYADH, May 21, 2024 – Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the world’s most promising investment destination, now and well into the future, African Development…
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Spiro agrees to US$50mln debt facility with Afreximbank to accelerate expansion
KIGALI, May 18, 2024 – Spiro, the largest electric vehicle company in Africa, is pleased to announce it has signed heads of terms for a US$ 50 million debt facility with the…
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Zimbabwe’s First Capital Bank gets US$ 15mln loan to support local SMEs
ABIDJAN, May 16, 2024 – The Board of Directors of the African Development Bank Group has approved a US$ 15 million trade finance package for First Capital Bank [FCB] in Zimbabwe to…
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PAPSS hosts its inaugural Bank Chief Executive Officers Consultative Forum
CAIRO, May 13, 2024 – Promoters of the Pan-African Payment & Settlement System [ PAPSS ], namely African Export-Import Bank [Afreximbank], African Union Commission [AUC] and African Continental Free Trade Area [AfCFTA]…
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Cooperators urged to mobilise Shs 300bln to capitalise National Cooperative Bank
MBARARA, May 10, 2024 – Cooperators, and cooperatives in Uganda have been told to be ready to raise Shs 300 billion to capitalise the new proposed National Cooperative Bank. According to the…
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Standard Chartered awarded “Best-performing Primary Dealer Market Maker”
KAMPALA, May 9, 2024 – Standard Chartered Bank Uganda [BoU] has been awarded the ‘Best-performing Primary Dealer Market Maker [PDMM] for the year ended September 2023, earning the honour for the second…
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NCBA Bank, NFA partner to plant 20,000 trees
KAMPALA, May 8, 2024 – NCBA Bank Uganda has partnered with the National Forestry Authority [NFA] to embark on an environmental sustainability journey to plant 20,000 trees this year, covering 30 hectares.…
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UDB, MD Ojangole on list of nominees for African Banker Awards 2024
KAMPALA, May 8, 2024 – African Banker magazine has announced the shortlist of nominees for this year’s edition of its African Banker Awards. Since its inception in 2007, the African Banker Awards has recognised the exceptional individuals…
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