Finance & Banking
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WOCCU 2026 Global Regulatory Update Highlights Geopolitics as Defining Force in Financial Services
KAMPALA, April 18, 2026—World Council of Credit Unions [ WOCCU ] has released its 2026 Global Regulatory Update, outlining how geopolitical forces are fundamentally reshaping financial services regulation worldwide. The report finds…
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MDBs unite on new global framework to measure job creation impact
KAMPALA, April 18, 2026 — A coalition of leading multilateral development banks [ MDBs ] has announced a landmark agreement to adopt a common approach to measuring how their investments contribute to…
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AfDB, ESM sign MoU to enhance cooperation
WASHINGTON, D.C., April 18, 2026 — The African Development Bank Group [AfDB] and The European Stability Mechanism [ESM] have signed a Memorandum of Understanding [MoU] to formalise and strengthen cooperation between the…
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BoU warns Masindi locals against unregulated financial institutions as outreach exposes service gaps
MASINDI, April 17, 2026 — The Bank of Uganda [BoU] has cautioned residents of Masindi district against keeping money at home or entrusting it to unregulated financial institutions, warning that such practices…
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Alert over NGO funding scam targeting East Africa
KAMPALA, April 17, 2026 — The National Council of Non-Governmental Organisations [NaCONGO] has issued a security alert warning non-governmental organisations across Tanzania and the wider African region about a fraudulent funding scheme…
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WBG launches initiative to improve water security for 1 billion people
WASHINGTON, April 16, 2026—The World Bank Group [WBG], in partnership with multilateral development banks, development finance institutions and key partners, today launched Water Forward, a global platform to help improve water security…
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New Wazalendo SACCO Board Assumes Office
KAMPALA, April 15, 2026 — The newly elected Board of Directors and Supervisory Board of Wazalendo Savings and Credit Cooperative Society [WSACCO] have officially assumed office following their election at the recently…
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Pearl Bank’s Wendi Wallet drives surge as deposits hit Shs 240.5bln
KAMPALA, April 16, 2026 — A quiet but notable shift is under way in Uganda’s financial sector, one that is beginning to redefine what a local bank can become. One such bank…
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Afreximbank delivers strong FY2025 results, with total assets and contingencies base of US$ 48.5bln
CAIRO, Egypt, April 15, 2026 – The African Export-Import Bank [ Afreximbank ] and its subsidiaries have announced strong financial results for the year ended December 31, 2025, underscoring sustained resilience, growing…
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Uganda seeks investment partnerships and IMF support at 2026 Spring Meetings in Washington D.C
KAMPALA, April 14, 2026 — The Ministry of Finance, Planning and Economic Development has dispatched a high-level delegation to the 2026 International Monetary Fund [ IMF ]-World Bank Group [WBG] Spring Meeting…
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