Finance & Banking
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Afreximbank delivers solid first half 2025 results, in line with expectations
CAIRO, September 3, 2025 — African Export-Import Bank Group [ Afreximbank /Group] has released its consolidated financial statements for the six months ended June 30, 2025 [H1’2025]. Amid heightened geopolitical tensions, persistent…
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Uganda Development Finance Summit 2025 kicks off with insightful discussions on Africa’s economic future
KAMPALA, September 2, 2025 – The inaugural Uganda Development Finance Summit 2025 officially began, yesterday setting the stage for dynamic discussions, networking, and innovative solutions to Africa’s pressing economic challenges. Organised by…
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Winners rewarded in “Jaguza ne Standard Chartered Bank” Deposit Campaign
KAMPALA, September 2, 2025 — Standard Chartered Bank Uganda recently rewarded 38 winners of the “Jaguza ne Standard Chartered,” campaign for the month of July. The campaign was launched on July 1,…
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Gender ministry engages stakeholders in western Uganda on GROW project
MBARARA CITY, September 2, 2025 – The Ministry of Gender, Labour, and Social Development [MoGLSD] has engaged stakeholders from Western Uganda to address challenges affecting the ongoing implementation of the Generating Recovery…
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UDB hosts landmark summit to redefine Africa’s development finance architecture
KAMPALA, August 1, 2025 – With Africa at a pivotal moment in its economic evolution, the Uganda Development Bank [UDB] is stepping forward to host a high-level gathering of African and global…
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Accelerating financial inclusion: Wendi by PostBank trains over 5,000 in Kampala, Wakiso, and Mukono
KAMPALA, August 30, 2025 –In a bid to deepen financial inclusion across Uganda, Wendi, a digital mobile wallet developed by PostBank Uganda which has embarked on a journey to rebrand to Pearl…
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Central banking manual for fighting crises: the need for split personalities
LONDON, August 28, 2025 — Patrick Honohan, governor of the Central Bank of Ireland from 2009 to 2015 – the seminal period of euro area sovereign debt upsets – is a central…
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Pride Bank launches new SACCO and investment club product to boost financial inclusion
MBARARA CITY, 24 August 2025 — Pride Bank Limited has unveiled a new financial product tailored for Savings and Credit Cooperative Organisations [SACCOs] and investment clubs, aimed at enhancing access to credit…
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Gov’t, Afreximbank sign €270mln loan for infrastructure development
KAMPALA, August 22, 2025 – In a bid to improve road infrastructure and other key sectors across the country, the Government of Uganda has secured a €270 million loan [approximately Shs 1.1…
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Stanbic posts Shs 355 billion gross profit in first half of 2025, but dividend remains unchanged
KAMPALA, August 18, 2025 – Stanbic Uganda Holdings Limited [SUHL] has released its financial results for the first half of 2025, reaffirming its strategic commitment to supporting Uganda’s economic development and fiscal…
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