Finance & Banking
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Africa’s growth holds firm amid global turbulence, says 2026 African Economic Outlook
BRAZZAVILLE, May 31, 2026 — Africa’s economies are projected to grow at 4.2 percent in 2026, moderating slightly from 4.4 percent in 2025, before rebounding to 4.4 percent in 2027. The findings…
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BoU approves sale of Standard Chartered’s wealth and retail banking business to Absa
KAMPALA, May 30, 2026 — The Bank of Uganda [BoU] has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking [WRB] business to Absa Bank Uganda Limited, marking a…
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AM2026: AfDB 2025 Trade Finance Report highlights resilience of African financial institutions after Covid-19
BRAZZAVILLE, May 30, 2026 — The fifth edition of the African Development Bank’s [AfDB] Trade Finance Report paints a picture of resilient African financial institutions in the post Covid-19 years, despite a…
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2026 Annual Meetings: African DFIs unite in support of Mission 300
BRAZZAVILLE, May 29, 2026 — Senior African finance leaders attending the African Development Bank Group’s [AfDB]Annual Meetings in Brazzaville have called for coordinated action to unlock an estimated US$ 250 billion in…
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Banking behemoths dominate the 20th edition of the African Banker Awards
BRAZZAVILLE, May 29, 2026 — The 20th edition of the African Banker Awards, which were held Tuesday night at the Kempinski Hotel in Brazzaville Congo, on the sidelines of the African Development…
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Uganda: Outstanding private sector credit improves slightly in March 2026
KAMPALA, May 28, 2026 — The stock of outstanding Private Sector Credit [PSC] in Uganda increased by 2.3 percent, rising from Shs 25.377 trillion in February 2026 to Shs 25.965trn in March…
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Registrations open for ICA Global Conference and Assemblies in Panama
BRUSSELS, May 26, 2026 — Registration has officially opened for the International Cooperative Alliance [ ICA ] Global Conference and General Assemblies, with organisers launching a dedicated online hub to support delegates…
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UBA elects new Chair and Executive Committee as bank assets hit Shs 53.3trn
KAMPALA, May 26, 2026 – Members of the Uganda Bankers’ Association [ UBA ] recently held their Annual General Meeting [AGM] at the Serena Hotel Kampala, where they elected Micheal Mugabi as…
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Women urged to form coops as Pride Bank launches GROW project in Soroti City
SOROTI, May 25, 2026 — Women in the Teso sub-region have been urged to form cooperatives in order to access financing and training opportunities under the Generating Growth Opportunities and Productivity for…
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Accelerating trade and industrial transformation: AfDB to Convene Inaugural Integrate Africa Forum
KAMPALA, May 24, 2026 — The African Development Bank [AfDB] has announced it will convene the inaugural Integrate Africa Forum during its 2026 Annual Meetings in Congo Brazzaville, in a high-profile push…
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