Financial
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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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AfDB awards $16.6 million grant to IITA to scale agricultural technologies in Africa
ABUJA, February 28, 2026 — The African Development Bank Group [ AfDB ] and the International Institute of Tropical Agriculture [IITA] have signed a US$ 16.61 million grant agreement to launch the…
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Equity Bank Uganda shifts protection of customer data from Nairobi to Kampala
KAMPALA, February 27, 2026 – Equity Bank Uganda has transferred all its customer data from Nairobi to a major data centre in Kampala for better protection, officials said yesterday. The data is…
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Africa’s Green Economy Summit 2026 Charts a Course from Vision to Viability
CAPE TOWN, February 27, 2026 — The Africa’s Green Economy Summit [AGES] 2026 opened its doors in Cape Town Tuesday, marking a pivotal moment in the continent’s economic trajectory. Convening a powerful coalition…
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