Sectors
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Fred Kabanda appointed Executive Director of Petroleum Authority of Uganda
KAMPALA, September 10, 2026 – Fred Kabanda, a former official at the Ministry of Energy and Mineral Development and the African Development Bank [AfDB], has been appointed Executive Director of the Petroleum…
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Parliament to waive Shs 35bln tax arrears for tea factories – Tayebwa
KAMPALA, September 10, 2026 — The Government of Uganda is set to write off more than Shs 35 billion in tax arrears owed by tea factories as part of a wider intervention…
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EBRD launches SME support package in Benin to boost private-sector growth
COTONOU, September 10, 2026 — The European Bank for Reconstruction and Development [EBRD] has launched a support package for small and medium-sized enterprises [SMEs] in Benin aimed at strengthening private-sector-led growth. The…
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MPs irked by stock-out of sickle cell drugs in Busoga
JINJA CITY, September 9, 2026 — Several hospitals in the Busoga Sub-region have gone for four months without essential medicines used to treat sickle cell disease [SCD], worsening the burden faced by…
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AfDB Group launches US$5.1bln response plan to cushion African countries from energy, fertiliser shocks
KAMPALA, September 9, 2026 — The African Development Bank [AfDB] Group has approved a framework providing up to US$5.1 billion to help African countries mitigate the impact of the global energy and…
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Uganda, US sign Shs 6.42 trillion health sector agreement
KAMPALA, September 9, 2026 — The Government of Uganda and the Government of the United States of America [USA] have signed a Strategic Objective Agreement [SOAG], setting out a framework for cooperation…
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Stanbic Bank Uganda unveils revamped Kalangala branch to boost island banking
KALANGALA, September 8, 2026 — Stanbic Bank Uganda has officially unveiled its newly refurbished Kalangala branch, combining a celebration of its 35th anniversary with a pledge to deepen financial inclusion across the…
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FEDA membership expands as Senegal, Liberia accede and Angola, Zimbabwe ratify agreement
KIGALI, September 8, 2026 — The Fund for Export Development in Africa [ FEDA ], the equity investment arm of the African Export-Import Bank [Afreximbank], has expanded its membership to 24 countries…
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UDB-financed enterprises generate Shs 6.26 trillion in output, create over 69,000 jobs
KAMPALA, September 7, 2026 — Enterprises financed by the Uganda Development Bank [UDB] generated Shs 6.26 trillion in annual economic output and created or sustained 69,202 jobs in 2025, according to the…
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FAD, Equity Group launch US$ 200mln mechanism to expand climate adaptation finance for East African farmers
KIGALI, September 7, 2026 — Access to climate adaptation finance remains a significant challenge for smallholder farmers and rural businesses across Africa, with available capital often failing to reach those who need…
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