Financial
-
Politics: Gov’t sets Shs 125,000 minimum cane price to protect Busoga farmers
KAMPALA, December 24, 2025 — Government has intervened in the sugarcane sector, directing millers to pay a minimum of Shs125,000 per tonne following complaints from out-growers over persistently low prices offered by…
Read More » -
WOCCU White Paper: Alternative Identification Methods Are Driving Financial Inclusion Globally
MADISON, Wis., December 24, 2025 —World Council of Credit Unions [ WOCCU ] International Advocacy today released Understanding How Credit Unions Are Using Alternative Identification Methods Globally, a new white paper that…
Read More » -
Commercial lending rates rise to 19.7 percent in October 2025 – report
KAMPALA, December 23, 2025 — Average weighted lending rates in Uganda for both shilling- and foreign currency-denominated credit edged upwards in October 2025, according to the Performance of the Economy Monthly Report…
Read More » -
Tanzania: Total SACCO assets reached TZS 1.46trn in 2024 – report
DODOMA, December 23, 2024 — The total assets of Savings and Credit Cooperative Organisations [SACCOs] in Tanzania rose to TZS 1.46 trillion in 2024 from TZS 1.33trn in 2023, representing an increase…
Read More » -
Nwoya district to support livelihoods of locals through coffee farming and apiary
NWOYA, December 22, 2025 – Nwoya District Local Government plans to invest Shs 350 million in coffee seedlings and apiary to improve the livelihoods of communities affected by human–wildlife conflict. The district…
Read More » -
AfDB and Nedbank sign multi-billion-rand funding partnership to transform housing access and boost African trade
PRETORIA, December 22, 2025— The African Development Bank Group [AfDB] and Nedbank Group have signed a landmark deal to boost access to affordable housing in South Africa and strengthen trade across the…
Read More » -
ADF mobilises a historic US$11bln, marking a new era of African ownership and investment-led development
LONDON, December 20, 2025 — The African Development Fund [ADF], the concessional financing arm of the African Development Bank Group [AfDB], has secured a record US$ 11 billion from 43 Partners for…
Read More » -
China’s cooperatives report strong sales growth from 2021-2025
BEIJING, December 19, 2025 — The total sales of China’s supply and marketing cooperative system increased at an average annual rate of 8.6 percent during the 14th Five-Year Plan period [2021-2025], according…
Read More » -
Uganda’s export receipts double year-on-year to Shs 5.3trn – report
KAMPALA, December 19, 2025 — A year-on-year assessment shows that Uganda’s exports almost doubled by 94.4 percent, increasing from US$ 769.62 million in October 2024 to approximately US$ 1.5 billion [approximately Shs…
Read More » -
A Stronger Africa requires stronger investment policies
By NJ Ayuk JOHANNESBURG, December 19, 2025 — Investor confidence in Algeria’s energy sector is climbing. The country — already one of Africa’s most active oil and gas producers — has seen…
Read More »