Finance & Banking
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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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Finance ministry seeks parliament’s approval to waive Shs 1.3bn UCA tax arrears
KAMPALA, October 31, 2025 — The Ministry of Finance, Planning and Economic Development [MOFPED] has requested Parliament’s approval to waive tax arrears amounting to Shs 1,313,376,467 owed by the Uganda Cooperative Alliance…
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Commodity prices to hit six-year low in 2026 as oil glut expands
KAMPALA, October 30, 2025 — Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World…
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Huawei and Cooperative Bank of Oromia launch green data centres to boost Ethiopia’s digital finance
ADDIS ABABA, October 29, 2025 — Huawei Digital Power and the Cooperative Bank of Oromia [COOP] have deployed next-generation, AI-enabled data centre solutions in Ethiopia to strengthen the reliability, security and sustainability…
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Uganda, others to benefit as AfDB receives Shs 700bln to catalyse financing for smallholder farmers
KAMPALA, October 27, 2025 — The Global Agriculture and Food Security Programme [GAFSP] has announced the first allocation from its new private sector financing window to the African Development Bank [ AfDB…
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Bank of Uganda report hails national economy amid global uncertainty
KAMPALA, October 25, 2025 — Uganda’s economy has continued to display strong resilience and stability despite a complex and evolving global environment marked by geopolitical tensions, commodity price swings and tight financial…
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