Financial
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WBG launches initiative to improve water security for 1 billion people
WASHINGTON, April 16, 2026—The World Bank Group [WBG], in partnership with multilateral development banks, development finance institutions and key partners, today launched Water Forward, a global platform to help improve water security…
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South Africa: SALGA, Global Trust Project launch municipal trust pilot
JOHANNESBURG, April 16, 2026 — The South African Local Government Association [SALGA] and The Global Trust Project [TGTP] have signed a three-year memorandum of understanding to pilot the Trust Equity Framework [TEf]…
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Pearl Bank’s Wendi Wallet drives surge as deposits hit Shs 240.5bln
KAMPALA, April 16, 2026 — A quiet but notable shift is under way in Uganda’s financial sector, one that is beginning to redefine what a local bank can become. One such bank…
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Afreximbank delivers strong FY2025 results, with total assets and contingencies base of US$ 48.5bln
CAIRO, Egypt, April 15, 2026 – The African Export-Import Bank [ Afreximbank ] and its subsidiaries have announced strong financial results for the year ended December 31, 2025, underscoring sustained resilience, growing…
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Uganda earns record Shs 9trn from coffee exports amid strong global demand
KAMPALA, April 15, 2026 – Uganda has registered a record performance in coffee exports, earning approximately Shs 9 trillion over a 12-month period, according to the latest figures from the Ministry of…
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Uganda seeks investment partnerships and IMF support at 2026 Spring Meetings in Washington D.C
KAMPALA, April 14, 2026 — The Ministry of Finance, Planning and Economic Development has dispatched a high-level delegation to the 2026 International Monetary Fund [ IMF ]-World Bank Group [WBG] Spring Meeting…
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BoU targets Shs 990bln in treasury bond auction to fund gov’t operations
KAMPALA, April 14, 2026 — The Bank of Uganda [BoU] has scheduled a treasury bond [T-Bond] auction worth Shs 990 billion on April 15, 2026, as the government intensifies efforts to mobilise…
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Global energy and financial bodies warn of lasting shock from Middle East war
WASHINGTON DC, April 14, 2026 — The heads of the International Energy Agency [IEA], International Monetary Fund [IMF] and World Bank Group [WBG] have warned that the ongoing war in the Middle…
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Coffee prices rebound as Middle East tensions jolt global market
KAMPALA, April 14, 2026 — Global coffee prices rose in March, snapping a three-month decline, as geopolitical tensions in the Middle East disrupted shipping routes and drove up energy costs, according to…
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Lango church leaders train in coffee growing to boost household incomes
LIRA CITY, April 13, 2026 — More than 200 clergy and church administrators from the Diocese of Lango have undergone training in coffee cultivation and management, as part of efforts to improve…
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