Financial
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AfDB Group funds regional health resilience drive in Southern Africa
ABIDJAN, March 5, 2026 — The Board of Directors of the African Development Fund [ADF] has approved a US$ 9.57 million grant to support countries of the Southern African Development Community [SADC]…
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Afreximbank Sweeps 2025 Bloomberg Africa Borrower Loans League Tables, Affirming Top Spot as Africa’s Leading Arranger and Bookrunner
KAMPALA, March 5, 2026 — African Export-Import Bank [Afreximbank] has solidified its dominance in African capital markets, clinching the Number 1 ranking as both Mandated Lead Arranger and Bookrunner in the 2025 Bloomberg…
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UN Tourism and TUI Care Foundation join hands to support rural artists and artisans across Africa
KAMPALA, March 5, 2026 — Five African non-governmental organanisations [NGOs] will now have the funding they need to support artisans and uplift communities thanks to a groundbreaking joint project from UN Tourism…
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Eastern Africa countries sign landmark agreement establishing DESSU Corridor Authority
DJIBOUTI, March 4, 2026 — The governments of Djibouti, Ethiopia, South Sudan and Uganda have formally agreed to establish the Djibouti–Ethiopia–South Sudan–Uganda [ DESSU ] Corridor Authority, marking a significant milestone in…
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Mushanga SACCO launches digital platform for loans, embraces agency banking
SHEEMA, March 4, 2026 – Mushanga SACCO has embraced agency banking and unveiled “MSACCO Loan”, a mobile platform enabling members to access loans via their phones. The innovation was launched during the…
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Finance ministry reports improved economic activity as commercial cases rise
KAMPALA, March 3, 2026 — The Ministry of Finance, Planning and Economic Development has reported a steady improvement in economic activity and business conditions in January 2026, even as commercial case backlog…
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Soroti painters receive financial literacy training to boost their businesses and household incomes
SOROTI, March 3, 2026 — In a bid to break the cycle of poverty, painters in Soroti City have undergone financial literacy training aimed at strengthening their businesses and improving their household…
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Global oil prices jump and shares fall as as Iran strikes Middle East
LONDON, March 2, 2026 — Global oil prices have risen as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel. Brent crude,…
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Finance Trust Bank, IPED partner to enhance women-led businesses through loan access
KAMPALA, March 2, 2026 – Finance Trust Bank [FTB] has partnered with the Initiative for I&P Entrepreneurs & Development [IPED] to improve access to loan facilities for women-owned business across Uganda. The…
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Gov’t committed to delivering 10-fold growth strategy, UDB RISE Forum told
KAMPALA, February 28, 2026 — Uganda has reaffirmed its commitment to an ambitious 10-fold economic growth strategy aimed at expanding the country’s gross domestic product [GDP] from US$ 50 billion to US$…
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