Finance & Banking
-
World Bank urges Uganda to exercise caution over Sovereignty Bill
KAMPALA, April 28, 2026 — The World Bank Group [WBG] has joined individuals and organisations expressing concern over Uganda’s controversial Protection of Sovereignty Bill, 2026. The Group has warned the Ugandan Parliament…
Read More » -
Finance leader elected patron as Royal African Society marks 125th anniversary
LONDON, April 28, 2026 — The Royal African Society has unanimously elected Prof. Benedict Okey Oramah as its second Patron at an Extraordinary General Meeting, as the organisation celebrates its 125th anniversary.…
Read More » -
House passes Shs 84.3 trillion 2026/27 national budget
KAMPALA, April 27, 2026 — Parliament has passed a Shs 84.3 trillion national budget for the 2026/2027 financial year following the adoption of the Appropriation Bill and the report of the Budget…
Read More » -
Co-operative Bank of Kenya plans restructuring to holding company model
NAIROBI, April 26, 2025 — Co-operative Bank of Kenya, which last year posted its strongest-ever financial results, has unveiled plans for a significant corporate reorganisation that would see it transition into a…
Read More » -
US credit unions warn CDFI funding cuts could hit small business lending
WASHINGTON DC., April 26, 2026 — US credit unions have warned that proposed cuts to the Community Development Financial Institutions [CDFI] Fund could undermine lending to small businesses in underserved communities. As…
Read More » -
BoU trains credit providers to strengthen compliance and enhance information sharing
KAMPALA, April 25, 2026 — The Bank of Uganda [BoU], through its Non-Bank Financial Institutions [NBFI] Department, has held a workshop for accredited credit providers [ACPs] in the country aimed at strengthening…
Read More » -
Italy–AfDB Deal To Unlock African Business Growth
WASHINGTON D.C., April 25, 2026 — The Government of Italy, through the Ministry of Economy and Finance and the Ministry of Foreign Affairs and International Cooperation and the African Development Bank Group…
Read More » -
AFC opens Nairobi office, targets additional US$ 2bln in regional investments
NAIROBI, April 24, 2026 — The Africa Finance Corporation [ AFC ] and the Government of Kenya have signed a Host Country Agreement establishing AFC’s first regional office in Nairobi, strengthening the…
Read More » -
Africa’s domestic capital overtakes external flows, signalling shift in development financing — AFC report
KAMPALA, April 23, 2026 — Africa’s domestic capital base has surpassed external financing flows over the past decade, marking a decisive shift in how the continent funds its growth and industrialisation, according…
Read More » -
Afreximbank launches third AfCFTA training programme to boost African firms’ trade capacity
KAMPALA, April 23, 2026 — African corporates will have a unique opportunity to learn how to fully maximise the benefits of the African Continental Free Trade Area [ AfCFTA ] when the…
Read More »