Finance & Banking
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EBRD backs new production capacities of critical electricity infrastructure equipment in Croatia
ZAGREB, August 3, 2026 — The European Bank for Reconstruction and Development [EBRD] is providing a senior loan of up to €120 million to KONČAR Group, Croatia’s leading industrial and engineering enterprises,…
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Afreximbank’s ATDC launches national trade platforms in Zimbabwe, Malawi
CAIRO, July 31, 2026 — Africa Trade and Distribution Company Limited [ ATDC ], a subsidiary of African Export-Import Bank [Afreximbank], has signed agreements to establish National ATDC Zimbabwe and National ATDC…
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EBRD extends US$100mln credit line to KCB Bank Kenya to boost MSMEs
NAIROBI, July 29, 2026 — The European Bank for Reconstruction and Development [EBRD] is providing a US$ 100 million [approximately Ksh 13 billion] credit line to KCB Bank Kenya Limited to improve…
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Afreximbank raises US$ 1.5bln in largest-ever bond issuance
KAMPALA, July 28, 2026 — The African Export-Import Bank [ Afreximbank ] has successfully priced a US$ 1.5 billion dual-tranche Reg S/144A senior unsecured benchmark Eurobond, marking its first US dollar public…
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Stanbic Unveils Shs 1 Trillion Initiative to Empower Women Entrepreneurs and Farmers in Northern Uganda
GULU, July 27, 2026 — Stanbic Uganda Holdings Limited [SUHL], through Stanbic Bank Uganda and its non-profit arm, Stanbic Business Incubator Limited [SBIL], has launched two programmes aimed at empowering more than…
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EAC urged to accelerate monetary integration as global uncertainties mount
KAMPALA, July 27, 2026 – East African Community [EAC] Partner States must deepen monetary cooperation, strengthen policy coordination and accelerate reforms towards monetary integration as the region faces growing global economic uncertainties, Bank…
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Finance Minister urges Absa Bank to provide affordable capital to public and private sectors
KAMPALA, July 23, 2026 — Finance Minister Henry Musasizi has urged Absa Bank Uganda to work towards providing affordable capital to both the public and private sectors to support the implementation of…
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Uganda: Outstanding private sector credit edges up in May 2026
KAMPALA, July 22, 2026 — The stock of outstanding private sector credit in Uganda increased by 1.1 percent to Shs 26.72 trillion in May 2026, up from Shs 26,43trn in April 2026.…
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Landmark Report on State of AI in African Banking 2026 Published
KAMPALA, July 21, 2026 — Backbase, a leader in AI-powered banking, in partnership with African Banker magazine, has published The State of AI in African Banking 2026: The Reality of Banking in…
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Stanbic Bank recognised for investment banking excellence
KAMPALA, July 20, 2026 — Stanbic Bank Uganda has been named the Best Investment Bank in Uganda at the Euromoney Awards for Excellence 2026, in recognition of its role in structuring and…
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