Financial
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Emyooga: Kitgum Tailoring SACCO grows Shs 60mln seed capital to Shs 116mln in four years
KITGUM, June 23, 2026 — The Kitgum Municipality Tailoring Savings and Credit Cooperative Society Limited [SACCO] has grown its Emyooga seed capital from Shs 60 million to Shs 116mln in savings and…
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Kenya to host ATIDI’s 26th AGM following quarter century anniversary
NAIROBI, June 21, 2026 — The African Trade & Investment Development Insurance [ATIDI] will hold its 26th Annual General Meeting [AGM] from June 30-July 3, 2026 in Nairobi, Kenya. The AGM will…
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IsDB approves €650.75mln financing for Uganda’s SGR
KAMPALA, June 21, 2026 — The Executive Board of the Islamic Development Bank [ IsDB ] has approved financing worth €650.75 million [approximately Shs 2.8 trillion] for Uganda’s Standard Gauge Railway […
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Gov’t begins redevelopment of Masindi hospital to boost service delivery
MASINDI, June 21, 2026 — The government has officially launched the redevelopment of Masindi General Hospital, committing Shs 58 billion to transform the ageing facility into a modern healthcare centre ahead of…
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Only six PDM beneficiaries repay loans in Kabale Municipality
KABALE, June 21, 2026 – Authorities in Kabale Municipality have raised concern over the poor repayment of loans received by the beneficiaries of the Parish Development Model [PDM], revealing that only six…
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Uganda’s outstanding PSC jumps 1.8 percent in April 2026
KAMPALA, June 20, 2026 — Uganda’s stock of outstanding private sector credit [PSC] increased by 1.8 per cent to Shs 26.43 trillion in April 2026, up from Shs 25.9trn recorded in March,…
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AU High-Level Meeting mobilises US$ 910mln for Ebola response in DRC and Uganda
BUJUMBURA, June 19, 2026 — African leaders and international partners have pledged US$910 million to strengthen the response to the Ebola Bundibugyo outbreak in the Democratic Republic of the Congo [ DRC…
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Kikuube: Election of PDM SACCO leaders suspended over mistrust
KIKUUBE, June 18, 2026 — The election of Parish Development Model Savings and Credit Cooperative Organisations [PDM SACCO] leaders in Bugambe Parish, Bugambe Sub-county, Kikuube district, has been suspended following protests by…
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Italy Forum to Mobilise Capital and Accelerate Industrial Development Across Africa
ROME June 18, 2026 — Africa Finance Corporation [AFC], the continent’s leading infrastructure solutions provider, have signed a series of strategic cooperation agreements with leading Italian partners at the AFC–Italy Business Forum…
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