Financial
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AfDB approves Shs 1.75bln grant to support Uganda’s emergency flood and landslide response
KAMPALA, October 3, 2025 — The African Development Bank Group [AfDB] has approved a grant of US$ 500,000 [about Shs 1.75 billion] from its Special Relief Fund to support Uganda’s Relief Emergency…
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French Embassy, Stanbic collaborate to train start-ups for green economy
KAMPALA, October 3, 2025 — The Stanbic Business Incubator Limited [SBIL] has signed a new grant agreement with the Embassy of France in Uganda to finance the Green Tech Incubator and Accelerator…
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Landmark US$ 30mln disbursement to UDBL to boost economic growth
KAMPALA, October 3, 2025 — The Islamic Corporation for the Development of the Private Sector [ICD], a member of the Islamic Development Bank [IsDB] Group, has successfully disbursed a US$ 30 million…
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Gov’t deems teachers’ strike illegal, urges immediate return to work
KAMPALA, October 2, 2025 – The Government of Uganda has labelled the ongoing industrial action by some teachers and the planned strike by local government workers as illegal, urging all public officers…
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Gov’t to invest in fish farming – Museveni
AMOLATAR, October 2, 2025 – In a move aimed at promoting fish farming, the government is seeking funds to establish fish ponds in fishing communities across Uganda. Fishing communities in the subregions…
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Agriculture ministry to partner with Lango cultural leaders to promote coffee farming
LIRA CITY, October 1, 2025 — The Coffee Department of the Ministry of Agriculture, Animal Industry and Fisheries [MAAIF] plans to collaborate with clan leaders under the Lango Cultural Institution [LCI] to…
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Africa Energy Bank moves to close continent’s energy finance gap
KAMPALA, October 1, 2025 — The African Petroleum Producers’ Organisation [APPO] and Afreximbank shared updates on the establishment of the US$ 5 billion Africa Energy Bank on Monday at AEW: Invest in…
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Kotido cultivates a greener future with inaugural agricultural learning event
KOTIDO, September 30, 2025 — In a bid to bolster food security and promote sustainable farming practices, Kotido District Local Government recently hosted its first-ever agricultural learning event, attracting over 500 farmers,…
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Uganda’s specialty coffee features prominently in Japanese exhibition
KAMPALA, September 30, 2025 — Ugandan specialty coffee is enjoying a moment of triumph on the global stage, having debuted strongly at the recently concluded 20th Specialty Coffee Association of Japan Conference…
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AFC closes record US$ 1.5bln syndicated loan, its largest-ever facility
KAMPALA, September 30, 2025 — Africa Finance Corporation [ AFC ], the leading infrastructure solutions provider in Africa, has successfully closed its largest-ever debt facility, a landmark US$1.5 billion syndicated loan. This…
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