Financial
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PDM beneficiaries in Masindi praise initiative but call for greater support
MASINDI, July 10, 2025 –– A thematic report by the Auditor General on the management of the Parish Development Model [PDM] reveals that by December 2024, Masindi district and Masindi Municipality had…
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Karamoja’s poverty puzzle: Why the PDM hasn’t delivered the promised change
MOROTO, July 9, 2025 –– Launched in February 2022, the Parish Development Model [ PDM ] was unveiled by the Government of Uganda as a transformative initiative to lift the “active poor”…
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Youth cooperative in Lira City seeks coffee hulling machine
LIRA CITY, July 9, 2025 –– Members of the Lira Youth Coffee Entrepreneurs Cooperative Society Limited have expressed concern that the lack of a coffee hulling machine is hindering their operations. The…
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Uganda’s financial sector resilient as customer deposits hit Shs 38 trillion
KAMPALA, July 8, 2025 – – Uganda’s financial sector continues to display remarkable resilience and steady growth, supported by rising customer deposits, enhanced liquidity buffers, and robust profitability among supervised financial institutions…
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Hope for Africa’s donkeys as ministers rally against skin trade
ABIDJAN, July 8, 2025 — African leaders have taken a strong stand against the donkey skin trade, offering renewed hope for communities and animals alike, following the Abidjan Declaration made at the…
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Uganda and Ethiopia dominate Africa’s coffee exports in May 2025
KAMPALA, July 8, 2025 –– Exports of all forms of coffee from Africa increased by 33.3 percent in May 2025 to 2.33 million bags, up from 1.75 million bags in May 2024,…
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All Hands on Deck by Arunma Oteh announced as winner of the BCA African Business Book of the Year 2025
LONDON, July 7, 2025 — All Hands on Deck: Unleash prosperity through world-class capital markets by renowned Nigerian economist and former World Bank Treasurer and Director General of the Nigerian SEC, Arunma Oteh, has…
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Kotido PDM beneficiaries struggling after misusing funds
KOTIDO, July 7, 2025 — The Parish Development Model [PDM] programme in Kotido district is facing major setbacks, with several beneficiaries struggling to sustain their businesses despite receiving government funding intended to…
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EABC and AfDB sign US$ 1mln grant agreement to drive sustainable industrialisation in East Africa
ARUSHA, July 7, 2025 –– The East African Business Council [ EABC ] and the African Development Bank [AfDB] have officially signed a landmark US$ 1 million grant agreement to drive sustainable…
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CIC Africa Uganda-Ten Years of Keeping Our Word
KAMPALA, July 5, 2025 — As we celebrate the 2025 International Year of Cooperatives, the global call to recognise cooperatives as drivers of inclusive and sustainable solutions for a better world could…
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