Finance & Banking
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OPED: Why Africa requires homegrown trade finance to boost economic integration
By Cyprian Rono KAMPALA, December 17, 2025 — Africa’s quest to trade with itself has never been more urgent. With the African Continental Free Trade Area [AfCFTA] gaining momentum, governments are working…
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AfDB report projects US$ 1trn in additional GDP by 2035 with use of AI to enhance productivity
KAMPALA, December 15,2025 — The African Development Bank [AfDB] has released a report establishing a strategic roadmap for unlocking the economic and social potential of artificial intelligence [ AI ] across Africa.…
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Afreximbank breaks ground on its iconic trade centre and new headquarters in Egypt’s New Capital
KAMPALA, December 15, 2025 — African Export-Import Bank Afreximbank, Africa’s leading multilateral financial institution, yesterday marked a historic milestone with the groundbreaking ceremony of the Afreximbank African Trade Centre [AATC] in Egypt’s…
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African Development Bank approves US$ 10mln to catalyse Namibia’s large green hydrogen project
PRETORIA, December 14, 2025 — The African Development Bank’s Board of Directors has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company, to support a green…
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Benin: African Development Bank to invest €102mln to boost poultry meat production
ABIDJAN, December 13, 2025 — The Board of Directors of the African Development Bank Group meeting in Abidjan today approved a €102.12 million loan to Benin to implement the first phase of…
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Commercial lending rates in Uganda to remain unchanged, BoU says
KAMPALA, December 11, 2025 — Commercial lending rates in Uganda are expected to remain unchanged, supported by stable macroeconomic conditions marked by low inflation, anticipated economic growth, and a steady Central Bank…
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Afreximbank says Africa must raise factoring volumes to at least €240bln to support SME-led transformation
KAMPALA, December 10, 2025 — Afreximbank has highlighted the critical importance of factoring and supply chain finance [SCF] in narrowing Africa’s Small and Medium Enterprises [SMEs] financing gap and building resilient value…
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BoU warns of rising global risks as Uganda’s financial system remains resilient
KAMPALA, December 9, 2025 — Uganda’s financial system remains stable and resilient despite mounting global economic uncertainties, Governor of the Bank of Uganda [BoU], Michael Ating-Ego, said on Thursday during the 10th…
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Tanzania: Joint registration of tobacco farmers kicks off in Tabora Region
DODOMA, December 6, 2025 —The Tanzania Cooperative Development Commission [TCDC], the Tanzania Federation of Cooperatives [TFC], the Tanzania Insurance Regulatory Authority [TIRA], the Tanzania Agricultural Insurance Consortium [TAIC], financial institutions, and stakeholders…
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Parliament approves Shs 8 trillion supplementary budget
KAMPALA, December 3, 2025 — Parliament has approved over Shs 8 trillion in supplementary funding for financial year 2025/2026, to support key development projects including road infrastructure, health and agriculture services, among…
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