Financial
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Africa: Afreximbank launches new entity to promote large scale trade in value-added goods
ALGIERS, September 10, 2025 — African Export-Import Bank [ Afreximbank ] has launched the African Trade and Distribution Company [ATDC] to catalyse large scale trade in raw materials, minerals and value-added products…
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US$ 99.6million livestock loan to benefit over 50 districts
KAMPALA, September 10, 2025 — Government can now borrow up to US$99.6 million to finance the proposed Resilient Livestock Value Chain Project [ReLiV] in 55 districts. The loan, approved by Parliament, will…
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Africa’s Leading Gold Producers to Attend African Mining Week 2025
CAPE TOW, September 8, 2025 –– The upcoming African Mining Week [AMW] 2025 – Africa’s premier gathering for mining stakeholders, scheduled for October 1–3, 2025 in Cape Town – will feature representatives…
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Lango Clan Leaders’ SACCO boosting members’ livelihoods
LIRA CITY, September 8, 2025 – The Lango Regional Cultural Leaders’ Savings and Credit Cooperative Society Limited [SACCO] is significantly improving the livelihoods of its members, according to the cooperative’s leadership. Established…
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Nigeria to host the Intra-African Trade Fair in 2027
ALGIERS, September 6, 2025 — After a rigorous bid and due diligence exercise, Nigeria has emerged as the successful host country of the fifth edition of the Intra-African Trade Fair [IATF], Africa’s…
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Mortgage refinancing Bill raises paid-up capital to Shs 35bln
KAMPALA, September 6, 2025 — Mortgage refinancing institutions in the country will now be required to have minimum paid-up capital of Shs 35 billion. This is contained in the Mortgage Refinancing Institutions…
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Local governments decry poor service delivery
KAMPALA, September 5, 2025 — The Uganda Local Governments Association [ULGA] and Urban Authorities’ Association of Uganda [UAAU] have petitioned Parliament, decrying poor service delivery in local governments. The two umbrella associations…
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Global exports of green coffee beans fall 0.7 percent – ICO report
KAMPALA, September 4, 2025 – Global exports of green coffee beans fell by 0.7 percent in July 2025, totalling 10.3 million bags compared to 10.38 million bags in July 2024, according to…
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Sidi Ould Tah assumes office as 9th President of AfDB Group
KAMPALA, September 3, 2025 — Dr. Sidi Ould Tah has been sworn-in, as the ninth President of the African Development Bank Group [AfDB]. He took his oath-of-office on Monday in Abidjan, Ivory…
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Kanungu youth raise alarm over exclusion from PDM funds
KANUNGU, September 3, 2025 – Youth in Kanungu district have raised concerns over being sidelined in the implementation of the Parish Development Model [PDM], arguing that their 30 percent allocation of the…
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