Financial
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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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Hoima district struggling to recover Shs 1.3bn from Emyooga SACCOs
HOIMA, December 9, 2025 — Leaders in Hoima District Local Government have raised concern over the poor recovery of loans disbursed to beneficiaries under the Emyooga Programme, a government initiative for wealth…
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UCA trains cooperatives on coffee value chain and agro-industrialisation
MBALE CITY, December 7, 2025 — The Uganda Cooperative Alliance [UCA] on Wednesday conducted a regional capacity-building training on coffee value chain development and agro-industrialisation for cooperatives. The training, held at Mbale…
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Soroti hospital receives Shs 21.7bln medical equipment from JICA
SOROTI CITY, December 7, 2025 — The Japanese International Cooperation Agency [JICA] has donated an assortment of medical equipment valued at US$ 6.2 million [approximately Shs 21.7 billion] to Soroti Regional Referral…
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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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Masindi Municipality names best and worst performing Emyooga SACCOs
MASINDI, December 4, 2025 —Authorities in Masindi Municipality have revealed the best and worst performing Emyooga Savings and Credit Cooperative Organisations [SACCOs] based on loan disbursement and recovery rates. According to Robinah…
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Gates Foundation urges global leaders to target scarce resources where they save the most lives
KAMPALA, December 4, 2025 — The number of children dying before their 5th birthday is projected to rise for the first time this century, reversing decades of global progress, according to new data published…
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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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Developing countries’ debt outflows hit 50-year high during 2022-2024
KAMPALA, December 3, 2025 — Developing countries paid out US$ 741 billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024—the largest…
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