Finance & Banking
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First-ever mobile coop clinic launched in Mbarara with special focus on mobilising capital for new Cooperative Bank
MBARARA CITY, November 13, 2025 – The Ministry of Trade, Industry and Cooperatives [MTIC], through the Office of the Registrar of Cooperatives, has launched its first-ever mobile coop clinic in Mbarara City,…
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UDB invests Shs 95 billion in Lango to boost regional economic growth
LIRA CITY, November 12, 2025 — The Uganda Development Bank [ UDB ] has invested more than Shs 95 billion in 30 key projects across the Lango Sub-region as part of efforts…
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High cost of digital transactions impeding financial inclusion in Uganda- Central Bank
KAMPALA, November 11, 2025 – Uganda’s Central Bank, the Bank of Uganda [BoU] has identified the high cost of digital transactions as one of the major obstacles to achieving full financial inclusion…
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The financial sector can be profitable, principled, and purposeful
KAMPALA, November 10, 2025 — Modern finance has evolved beyond traditional profit-driven models. Today, it must also serve as a catalyst for sustainable development, climate resilience, and inclusive growth. However, several challenges…
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All Eyes on Africa as United Arab Emirates (UAE) announces $6bn Tourism Investment Plan
KAMPALA, November 8, 2025 — As Africa records the fastest tourism growth globally, the United Arab Emirates [UAE] is set to inject US$ 6 billion into the continent’s travel and hospitality sector…
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Afreximbank avails Shs 127.4bln loan for construction of Akii Bua Olympic Stadium in Lira City
KAMPALA, November 7, 2025 — African Export-import Bank [Afreximbank] has extended a US$ 36.4-million [approximately Shs 127.4 billion] contract financing facility to Egypt’s SAMCO-National Construction Company [SAMCO] for the construction of the…
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Museveni urges Ugandans to embrace PDM as he questions implementation of GROW project
SOROTI CITY, November 6, 2025 — President Yoweri Kaguta Museveni has urged Ugandans to embrace the Parish Development Model [ PDM ], saying it was designed to support the “active poor”, unlike…
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Uganda’s financial sector boosted as aBi Finance and UIBFS launch Sustainable Finance Curriculum
KAMPALA, November 4, 2025 — Uganda’s financial sector has received a major boost following Tuesday’s launch of the Sustainable Finance Curriculum at Sheraton Kampala Hotel. The Sustainable Finance Curriculum is the first…
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Sustainable Finance Curriculum to be launched in Kampala on Tuesday
KAMPALA, November 2, 2025 — A new Sustainable Finance Curriculum, developed through a partnership between aBi Finance Limited and the Uganda Institute of Banking and Financial Services [UIBFS], is set to be…
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World Savings Day: Here is what you need to know
KAMPALA, October 31, 2025 — Every October 31, World Savings Day reminds us that even small savings can lead to big changes. Whether it’s setting aside a few coins in a piggy bank or…
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