Finance & Banking
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Africa’s top financiers line up for African Mining Week 2026 in Cape Town
CAPE TOWN, July 19, 2026 — As Africa moves to unlock an estimated US$ 29.5 trillion in mine-site mineral value, development finance institutions, commercial banks and private investment firms are expanding financial…
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MDBs increase climate finance to record US$ 163 billion in 2025
KAMPALA, July 14, 2026 — Multilateral development banks [MDBs], including the European Bank for Reconstruction and Development [EBRD], increased climate finance to record levels in 2025, reinforcing their role in supporting climate-resilient…
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EBRD launches its first trade facility in Senegal
DAKAR, July 10, 2026 — The European Bank for Reconstruction and Development [EBRD] has launched its first trade finance facility in Senegal, providing €15 million to Ecobank Senegal under its Trade Facilitation…
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NCBA launches new business banking proposition for Ugandan SMEs
KAMPALA, July 9, 2026 — NCBA Bank Uganda Limited has stepped up its focus on small and medium-sized enterprises [SMEs] in the country with the launch of a new value proposition alongside…
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UDB urged to prioritise funding for country’s key growth sectors
KAMPALA, July 8, 2026 — Finance Minister Henry Musasizi has directed the Uganda Development Bank [UDB] to prioritise financing for the country’s key growth sectors, saying the institution’s interventions should support the…
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Afreximbank boss calls for African economic sovereignty through industrialisation, trade and domestic resource mobilisation
LAGOS, July 3, 2026 — The President and Chairman of the Board of Directors of African Export-Import Bank [ Afreximbank ] George Elombi, has said that Africa’s economic sovereignty will only be…
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IsDBI and CIFCA Forge Strategic Partnership to Advance Islamic Finance in Tanzania
BAKU, July 3, 2026 – The Islamic Development Bank Institute [IsDBI] and the Tanzania-based Centre of Islamic Finance, Compliance and Advice [CIFCA] have signed a Memorandum of Understanding [MoU] to strengthen cooperation…
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EBRD to open its first office in Nigeria during Vice President’s visit
LONDON, July 1, 2026 — Matteo Patrone, Vice President for Banking at the European Bank for Reconstruction and Development [EBRD], is visiting Nigeria from July 1-3, to open the Bank’s first office…
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Uganda secures Shs 481bln financing deal for strategic Kitgum–Kidepo Road
KAMPALA, June 30, 2026 — Uganda has secured €110.5 million [approximately Shs481 billion] in financing for the construction of the Kitgum–Kidepo Road, in a move aimed at improving regional connectivity and unlocking…
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Finance Minister launches World Bank–Uganda partnership framework, pledges disciplined push towards US$ 500bln economy
KAMPALA, June 29, 2026 — Uganda has unveiled a long-term partnership framework with the World Bank aimed at accelerating the country’s transition to upper-middle-income status, with Finance Minister Henry Musasizi reaffirming the…
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