Financial
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EBRD launches inaugural Economic Governance Strategy
LONDON, June 1, 2026 — The European Bank for Reconstruction and Development [ EBRD ] has launched its inaugural Economic Governance Strategy, reaffirming its commitment to strengthening economic governance across the economies…
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Invest Africa, and FirstBank UK to Host Joint Closing Reception as part of The Africa Debate 2026
LONDON, June 1, 2026 — The Mayor of London and FirstBank UK have announced a joint Closing Reception, marking the conclusion of The Africa Debate 2026, taking place this Wednesday at The…
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AfDB commits Shs 2.4trn to Uganda’s SGR project
KAMPALA, June 1, 2026 — The African Development Bank [AfDB] has reaffirmed its commitment to financing the construction of Uganda’s long-awaited Standard Gauge Railway [ SGR ], providing a major boost to…
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AfDB’s 2025 Annual Report Highlights Strong Results and a New Chapter for Africa’s Transformation
BRAZZAVILLE, June 1, 2026 — The African Development Bank Group [AfDB] has released its 2025 Annual Report, showcasing another year of strong development results and reaffirming its commitment to advancing a prosperous, inclusive,…
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Africa’s growth holds firm amid global turbulence, says 2026 African Economic Outlook
BRAZZAVILLE, May 31, 2026 — Africa’s economies are projected to grow at 4.2 percent in 2026, moderating slightly from 4.4 percent in 2025, before rebounding to 4.4 percent in 2027. The findings…
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BoU approves sale of Standard Chartered’s wealth and retail banking business to Absa
KAMPALA, May 30, 2026 — The Bank of Uganda [BoU] has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking [WRB] business to Absa Bank Uganda Limited, marking a…
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AM2026: AfDB 2025 Trade Finance Report highlights resilience of African financial institutions after Covid-19
BRAZZAVILLE, May 30, 2026 — The fifth edition of the African Development Bank’s [AfDB] Trade Finance Report paints a picture of resilient African financial institutions in the post Covid-19 years, despite a…
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2026 Annual Meetings: African DFIs unite in support of Mission 300
BRAZZAVILLE, May 29, 2026 — Senior African finance leaders attending the African Development Bank Group’s [AfDB]Annual Meetings in Brazzaville have called for coordinated action to unlock an estimated US$ 250 billion in…
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Banking behemoths dominate the 20th edition of the African Banker Awards
BRAZZAVILLE, May 29, 2026 — The 20th edition of the African Banker Awards, which were held Tuesday night at the Kempinski Hotel in Brazzaville Congo, on the sidelines of the African Development…
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Karamoja wheat farmers appeal for subsidised irrigation equipment amid erratic weather patterns
MOROTO, May 29, 2026 — Farmers across the Karamoja sub-region have appealed to the government for urgent intervention through the provision of subsidised irrigation equipment, as erratic weather patterns threaten the success…
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