Finance & Banking
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SACCOs urge government to introduce subsidised agricultural insurance to tackle climate change
MBARARA CITY, May 18, 2025 –– Savings and Credit Cooperative Organisations [SACCOs] in western Uganda have appealed to the government to introduce affordable agricultural insurance and climate finance support to help smallholder…
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ITFC commits EUR 106mln to boost cotton production in Burkina Faso
OUAGADOUGOU, May 17, 2025 – – The International Islamic Trade Finance Corporation [ITFC], the trade finance arm of the Islamic Development Bank [IsDB] Group, has renewed its longstanding support to the Republic…
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Co-operative Bank of Kenya posts 7.5 percent rise in pre-tax profit
NAIROBI, May 16, 2025 — The Co-operative Bank of Kenya demonstrated resilience and adaptability in 2024, posting a 7.5 percent increase in profit before tax to Kshs 34.8 billion, up from Kshs…
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Cultural barriers prevent Karamoja women from accessing GROW project loans
KOTIDO, May 16, 2025 –– In the arid plains of Karamoja Subregion, where women play a central role in agriculture and entrepreneurship, a quiet struggle continues — financial exclusion rooted in traditional…
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Gov’t considers issuing corporate bonds to fund state-owned enterprises
KAMPALA, May 13, 2025 –– Government is exploring plans to issue corporate bonds in the upcoming financial year as a strategy to raise capital for state-owned enterprises, and to rejuvenate the country’s…
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WOCCU and WFCU to continue supporting for Ukraine’s credit unions despite USAID cuts
MADISON, Wis., May 12, 2025 —World Council of Credit Unions [ WOCCU ] and its strategic partner, Worldwide Foundation for Credit Unions [WFCU] say that vital support for Ukraine’s credit union sector…
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UBA unveils theme for 2025 Annual Bankers Conference
KAMPALA, May 8, 2025 — The Uganda Bankers Association [ UBA ] says the upcoming 2025 Annual Bankers Conference, set to take place on July 29, at the Serena Hotel Kampala will…
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Afreximbank Launches US$ 1 Billion Africa Film Fund To Transform The Continent’s Creative Industry
KIGALI, May 8, 2025 — African Export-Import Bank [ Afreximbank ] , through its development impact investment arm, the Fund for Export-Development in Africa [FEDA], has committed to spearhead the launch of…
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Equity Bank empowers Uganda’s top 2024 UACE students
KAMPALA, May 7, 2025 – Equity Bank Uganda is nurturing the next generation of leaders by mentoring 100 exceptional students who excelled in the 2024 Uganda Advanced Certificate of Education [UACE] examinations.…
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Amadou Hott, AfDB presidential candidate, unveils a vision for Africa’s self-reliance
WASHINGTON D.C., May 7, 2025 — Amadou Hott, former Vice President of the African Development Bank [AfDB] and former Minister of Economy, Planning and Cooperation of Senegal has laid out his bold…
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