Finance & Banking
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WOCCU and WFCU partner with Kenyan SACCOs to help close SME financing gap
NAIROBI, August 28, 2026 — Ninety-three small and medium enterprises [SMEs] in Kenya have secured a combined US$ 2.5 million in financing through a year-long initiative led by World Council of Credit…
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Kyankwanzi: Women entrepreneurs trained to access GROW project funds
KYANKWANZI, August 27, 2026 — A group of 100 women selected to benefit from the World Bank-funded Generating Growth and Opportunities for Women Enterprises [GROW] project in Kyankwanzi district have been equipped…
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EBRD backs early-stage African technology companies
LONDON, August 27, 2026 — The European Bank for Reconstruction and Development [EBRD] is investing US$ 8 million in Ventures Platform Pan-African Fund II, marking the Bank’s first commitment to a pan-African…
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UDB agricultural loan portfolio rises to Shs 620bln, coops among major beneficiaries
KAMPALA, August 26, 2026 — Uganda Development Bank [UDB] has increased its agricultural financing portfolio to approximately Shs 620 billion, representing 33 percent of its total loan portfolio of Shs1.9 trillion. UDB…
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Financial research critical to Uganda’s economic transformation
KAMPALA, August 26, 2026 — Uganda must place financial sector research, knowledge and innovation at the centre of its economic transformation if the country is to achieve its ambitious Ten-Fold Economic Growth…
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Finance minister calls for patient capital to support Uganda’s Tenfold Growth Strategy
KAMPALA, August 26, 2026 — The Minister of Finance, Planning and Economic Development, Henry Musasizi, has called on the Uganda Bankers’ Association [UBA] to work towards lowering the cost of credit and…
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Afreximbank delivers strong half-year 2026 performance, driven by robust growth and profitability
KAMPALA, August 24, 2026 — African Export-Import Bank [ Afreximbank ] and its subsidiaries (“the Group”) delivered a strong financial performance for the six months ended 30 June 2026, underscoring the resilience…
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Uganda: Outstanding PSC hit Shs 27.7 trillion in June 2026, says new report
KAMPALA, August 23- 2026 – The stock of outstanding Private Sector Credit [ PSC ] in Uganda increased by 3.8 percent to Shs 27.7 trillion in June 2026, from Shs 26.7trn recorded…
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Standard Chartered unveils 20 women-led tech startups for 2026 Women in Tech Uganda Accelerator
KAMPALA, August 22, 2026: — Standard Chartered Uganda, in partnership with Innovation Village, Village Capital and Future Lab, has unveiled 20 women-led, tech-enabled startups selected for Cohort 2 of the Women in…
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EAC banks urged to finance skills, markets to drive industrial growth
KAMPALA, August 21, 2026 — dfcu Bank has called on commercial banks, regulators and central banks across East Africa to build a fully integrated financial ecosystem capable of unlocking capital at scale,…
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