Financial
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Rubirizi’s KYAPS Rewards 45 members with cows and goats in Christmas appreciation
RUBIRIZI, December 25, 2025 – Kyamuhunga People’s SACCO [KYAPS] has rewarded its most loyal members with livestock and household items as part of a Christmas-season corporate social responsibility initiative aimed at appreciating…
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AEC, ccCASH Partner to bring climate finance directly to African households
SANDTON, December 25, 2025 — The African Energy Chamber [AEC] has signed a Memorandum of Understanding [MoU] with [B]energy, developer of the ccCASH initiative, to establish a continent-wide mechanism for clean cooking…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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