Financial
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Lira district official attributes poverty in Lango to poor mindset and enterprise selection
LIRA, July 25, 2025 — The Production and Marketing Officer of Lira District, Thomas Okello, has attributed the persistent poverty in the Lango Sub-region to a poor mindset among farmers and poor…
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BoU raises Shs 1.86trn from treasury bills and bonds in June 2025
KAMPALA, July 24, 2025 — Uganda’s domestic debt market remained active in June 2025, with the government through Bank of Uganda [BoU] raising Shs 1.86 trillion from three auctions of treasury bills…
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Over 50 SACCOs face auction over Ksh 1.36bln in unpaid KUSCCO loans
NAIROBI, July 24, 2025 — At least 58 Savings and Credit Cooperatives [SACCOs] across Kenya are at risk of losing their assets through auction after defaulting on loans totaling Ksh 1.36 billion…
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Masindi DRDC applauds Boda Boda Emyooga SACCO for strong performance
MASINDI, July 24, 2025 — The Deputy Resident District Commissioner [DRDC] of Masindi, Dhaala Sanon, has praised the Buruli Constituency Boda Boda Emyooga SACCO for its impressive performance, particularly its strong saving…
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Africa: New bank leadership, capital strategies drive African mining investment push
CAPE TOWN, July 23, 2025 — Several African multilateral banks and financial institutions have undergone significant leadership transitions this year aimed at aligning financial strategies with the continent’s evolving development and industrialisation…
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Kwania PDM SACCO elects new leadership after three years
KWANIA, July 23, 2025 — Members of the Teduka Ward Parish Development Model Savings and Credit Cooperative Organisation [PDM SACCO] in Kwania district have elected a new governing board to lead the…
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Farmers demand answers over missing payments as armed gang steals coffee cherries worth US$ 140,000
NAIROBI, July 23, 2025 –– Kenya’s Mathira coffee farmers are demanding urgent answers over missing and delayed payments for the 2024/25 season. The growers claim they have not been paid for over…
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AfDB approves €100mln to empower Morocco’s women and youth entrepreneurs in building inclusive and sustainable agriculture
RABAT, July 22, 2025 — The Board of Directors of the African Development Bank [AfDB] has approved a €100 million loan to support Morocco’s inclusive solidarity-based agriculture programme, focused on empowering women…
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IFC Issues Rwanda Franc “Umuganda” Bond to Support Rwanda’s Capital Markets
KIGALI, July 22, 2025 — In a move to support the development of Rwanda’s capital markets, the International Finance Corporation [IFC], a member of the World Bank Group, issued a 24 billion…
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Museveni pledges Shs 1 billion per ghetto structure in Kampala
KAMPALA, July 21, 2025 — President Yoweri Museveni has pledged to significantly increase government funding for wealth creation in urban poor communities, raising allocations for ghetto-based structures in Kampala from Shs 100…
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