Finance & Banking
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Dfcu Bank opens new branch in Fort Portal City, targeting farmers and SMEs
FORT PORTAL CITY, October 1, 2025 — Dfcu Bank has expanded its footprint in the Tooro Sub-region with the opening of its 56th branch in Fort Portal City. Located along Babiiha Road,…
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AFC closes record US$ 1.5bln syndicated loan, its largest-ever facility
KAMPALA, September 30, 2025 — Africa Finance Corporation [ AFC ], the leading infrastructure solutions provider in Africa, has successfully closed its largest-ever debt facility, a landmark US$1.5 billion syndicated loan. This…
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UCSCU’s finance pool grows to Shs 6bln in two years
KAMPALA, September 29, 2025 — The Uganda Credit and Savings Cooperative Union [UCSCU] has announced that its Central Finance Facility [CFF] has grown to a savings portfolio of Shs 6 billion in…
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Wazalendo, Mushanga SACCOs urge sector to embrace innovation for greater impact
KAMPALA, September 27, 2025 – Leading players in Uganda’s Savings and Credit Cooperative Organisations [ SACCOs ] sector have called on their peers to invest in innovative approaches that go beyond financial…
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Court quashes bid to reinstate SACCO leaders amidst claims of fraud and irregular dismissal
KAMPALA, September 25, 2025 — The High Court in Kampala has dismissed an application by two ousted leaders of a teachers’ cooperative savings society, who were seeking a temporary injunction to block…
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SACCO Supervision Report 2024 unveiled in Nairobi as total assets hit Ksh 1.08trn
NAIROBI, September 25, 2025 —Kenya’s SACCO Supervision Regulatory Authority [SASRA] today released the much-anticipated SACCO Supervision Report 2024, painting a robust and resilient picture of Kenya’s regulated SACCO sector. The report was…
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Record-breaking year for cooperatives and mutuals as income hits £179.2bln
LONDON, September 24, 2025 – Cooperatives and mutuals across the UK have achieved a record-breaking year, generating a combined income of £179.2 billion and employing over 1.5 million people, according to the…
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ASSA partners AFC to unlock US$ 1.17trn in national savings for infrastructure
NEW YORK, September 24, 2025— Launched under the Global Africa Business Initiative [GABI] during the UN General Assembly, the ‘Africa Saving for Growth’ programme brings together social security institutions from 15 countries,…
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Stanbic Incubator and GIZ launch capacity-building programme for women-led green enterprises
KAMPALA, September 22, 2025 –– In a strategic effort to empower women entrepreneurs within Uganda’s green economy, Stanbic Business Incubator Limited [SBIL] has partnered with the German development agency GIZ to launch…
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CMA and UFLA launch Masaka Financial Literacy Chapter
KAMPALA, September 21, 2025 — The Capital Markets Authority of Uganda [CMA], in collaboration with the Uganda Financial Literacy Association [UFLA], has officially launched the Masaka Financial Literacy Chapter. This initiative represents…
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