Finance & Banking
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PDM loan repayment phase to begin in March, MPs told
KAMPALA, March 6, 2026 — The two-year grace period for repayment of loans issued under the Parish Development Model [PDM] will expire in March 2026, with beneficiaries across the country expected to…
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Global leaders to headline 2026 World Credit Union Conference in Sydney
MADISON, WIS, March 6, 2026 — The World Council of Credit Unions [ WOCCU ] has announced the keynote speakers for the 2026 World Credit Union Conference [WCUC], taking place this July…
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AfDB Group funds regional health resilience drive in Southern Africa
ABIDJAN, March 5, 2026 — The Board of Directors of the African Development Fund [ADF] has approved a US$ 9.57 million grant to support countries of the Southern African Development Community [SADC]…
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Afreximbank Sweeps 2025 Bloomberg Africa Borrower Loans League Tables, Affirming Top Spot as Africa’s Leading Arranger and Bookrunner
KAMPALA, March 5, 2026 — African Export-Import Bank [Afreximbank] has solidified its dominance in African capital markets, clinching the Number 1 ranking as both Mandated Lead Arranger and Bookrunner in the 2025 Bloomberg…
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Mushanga SACCO launches digital platform for loans, embraces agency banking
SHEEMA, March 4, 2026 – Mushanga SACCO has embraced agency banking and unveiled “MSACCO Loan”, a mobile platform enabling members to access loans via their phones. The innovation was launched during the…
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Finance Trust Bank, IPED partner to enhance women-led businesses through loan access
KAMPALA, March 2, 2026 – Finance Trust Bank [FTB] has partnered with the Initiative for I&P Entrepreneurs & Development [IPED] to improve access to loan facilities for women-owned business across Uganda. The…
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AfDB and AU renew push for visa-free travel to accelerate Africa’s economic transformation
ABABA, March 1, 2026 — African policymakers, business leaders, and development institutions have renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s…
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Gov’t committed to delivering 10-fold growth strategy, UDB RISE Forum told
KAMPALA, February 28, 2026 — Uganda has reaffirmed its commitment to an ambitious 10-fold economic growth strategy aimed at expanding the country’s gross domestic product [GDP] from US$ 50 billion to US$…
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AfDB awards $16.6 million grant to IITA to scale agricultural technologies in Africa
ABUJA, February 28, 2026 — The African Development Bank Group [ AfDB ] and the International Institute of Tropical Agriculture [IITA] have signed a US$ 16.61 million grant agreement to launch the…
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Equity Bank Uganda shifts protection of customer data from Nairobi to Kampala
KAMPALA, February 27, 2026 – Equity Bank Uganda has transferred all its customer data from Nairobi to a major data centre in Kampala for better protection, officials said yesterday. The data is…
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