Financial
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Buvuma: Over 1,500 affected by oil palm project
BUVUMA, January 22, 2026 –- The Ministry of Agriculture, Animal Industry and Fisheries [MAAIF] has begun compensating more than 1,504 people displaced by the National Oil Palm Project [NOPP] in Buvuma district.…
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Gov’t targets 10.4 percent growth towards middle-income status
KAMPALA, January 21, 2026 — The Government of Uganda has set its sights on accelerated economic growth in the 2026/27 financial year, with the finance ministry projecting a 10.4 percent expansion as…
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GULU, January 21, 2026 — Groundnuts are among the most consumed legumes in Acholi Subregion and the rest of northern Uganda, commonly ground and mixed with vegetables and dried meat to make…
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International tourist arrivals up 4 percent in 2025 reflecting strong travel demand around the world
KAMPALA, January 21, 2026 — International tourist arrivals [overnight visitors] grew by 4 percent in 2025, as most destinations worldwide posted solid results. According to the first World Tourism Barometer of the…
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‘Frontier Market’ Economies Haven’t Lived Up to Potential Since 2010
KAMPALA, January 21, 2026 —“Frontier market” economies—a cluster of mostly middle-income economies regarded as the proving ground for the next generation of economic superstars—have largely failed to live up to their potential…
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Soroti youth urged to utilise PDM funds wisely
SOROTI, January 20, 2026 – Several youth in Soroti City are set to receive 30 percent of the Parish Development Model [PDM] funds allocated them as implementers roll out the fourth phase…
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What the United States-Venezuela Oil Shift Means for Caribbean Energy Markets
PARAMARIBO, January 20, 2026 — When the United States completed its first sale of Venezuelan oil this week, the US$ 500 million transaction reopened a geopolitical channel that had been largely dormant…
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ACG and AfDB launch a structured strategic partnership to scale co-financing and investment in Africa
KAMPALA, January 19, 2026 — The Arab Coordination Group [ ACG ] and the African Development Bank Group [AfDB] launched a new phase of their partnership aimed at scaling co-financing, mobilising private…
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How banks can transform compliance through technology
By Anne Mureithi KAMPALA January 18, 2026 — Provision of banking services in Africa continues to undergo profound digital transformation where most transactions are conducted virtually via digital devices and cash moved…
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EU offers farmers extra funds to quell anger at Mercosur deal
LONDON, January 17, 2026 — European Union [EU] will adjust its budget proposal for 2028-2034 to allow farmers early access to around 45 billion euros [US$53 billion] in funding. The European Union…
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