Financial
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CMA and UFLA launch Masaka Financial Literacy Chapter
KAMPALA, September 21, 2025 — The Capital Markets Authority of Uganda [CMA], in collaboration with the Uganda Financial Literacy Association [UFLA], has officially launched the Masaka Financial Literacy Chapter. This initiative represents…
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Mobile money transactions soar in July amid mixed economic signals in Uganda
KAMPALA, September 21, 2025 – Uganda’s push for financial inclusion gained renewed momentum in July 2025, as mobile money transactions hit record levels, even as job growth slowed, the trade deficit widened,…
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AfDB to host Africa NCA COP Secretariat in Abidjan
ADDIS ABABA, September 21, 2025 — The African Development Bank Group [AfDB] has officially announced that it will host the Secretariat of the Africa Natural Capital Accounting Community of Practice [Africa NCA…
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AfDB approves equity investment in Currency Exchange Fund to support access to local currency financing across Africa
ABIDJAN, September 20, 2025 — The Board of Directors of the African Development Bank Group [ AfDB ] has approved an equity investment of US$ 25 million in The Currency Exchange Fund…
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Ex-Minister D’Ujanga urges government to prioritise cooperatives for community development
ZOMBO, September 20, 2025 – Former State Minister for Energy, Eng. Simon D’Ujanga, has called on government to prioritise support for cooperative societies as a key pathway to unlocking community development across…
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Private sector credit contracts slightly as lending rates edge up – economic report
KAMPALA, September 20, 2025 – Uganda’s private sector credit stock experienced a slight contraction in July 2025, according to the latest Performance of the Economy Monthly Report released by the Ministry of…
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World Bank Group Successfully Closes Inaugural Securitisation Transaction, Marking Pivotal Step in Private Sector Mobilisation Effort
KAMPALA, September 19, 2025 — The World Bank Group, through its private sector arm, the International Finance Corporation, has closed its inaugural securitisation transaction; successfully launching a new model to attract institutional…
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Second Cooperative Bank in Uganda in the pipeline after closure of first one
KAMPALA, September 19, 2025 –Ugandan cooperators will in the near future have a fully-fledged Cooperative Bank established after yesterday’s launch of the National Cooperative Savings and Credit Society Limited [NCSCSL] at the…
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KCB and Afreximbank in Joint Funding Deal to Operationalize Vipingo Special Economic Zone
NAIROBI, September 19, 2025 — KCB Group, and the African Export-Import Bank Afreximbank have entered a Memorandum of Understanding [MoU] aimed at providing financial and trade facilitation support to investors operating in…
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Okoro Coffee Growers Cooperative Union to spend over Shs 2.56bln in FY 2025/2026
ZOMBO, September 18, 2025 – Members of the Okoro Coffee Growers Cooperative Union [OCGCU] in Zombo district have approved a budget of Shs 2,563,200,000 for operations in the 2025/2026 financial year. The…
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