Financial
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M-KOPA reaches 5mln customers, unlocking US$ 1.5bln in credit across five markets
KAMPALA, September 25, 2024 — MP-KOPA, a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. Two million of these customers…
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Economic activity in Uganda increases as BTI, PMI show positive outlooks
KAMPALA, September 24, 2024 – Economic Activity Economic activity in Uganda continued to increase following a pick-up in consumer demand, which further boosted confidence in business conditions as indicated by the Purchasing…
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Uganda’s annual coffee exports hit Shs 5 trillion
KAMPALA, September 23, 2024 — Coffee exports for twelve months [September 2023- August 2024] were 6.39 million bags worth US$ 1.35 billion [ about Shs 5 trillion] compared to 6.08mln bags worth…
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Kampala mushroom growers ask Museveni for more support
KAMPALA, September 22, 2024 — Mushroom growers in Kampala metropolitan area have appealed to President Yoweri Museveni to assist them establish a collection centre for easy market access and value-addition materials to…
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Nigeria to import Uganda’s milk and coffee
MBARARA CITY, September 21, 2024 — Uganda will soon begin exporting milk and coffee to Nigeria, Africa’s biggest economy With a GDP estimated at $477 billion in 2022. This was revealed recently…
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Minister calls for more investment in electricity sector
KAMPALA, September 20, 2024 — The Minister for Energy and Mineral Development, Ruth Nankabirwa has urged Members of Parliament to support more investment in last-mile electricity connections to support Uganda’s value addition…
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Finance Minister clarifies on access to GROW funds
KAMPALA, September 20, 2024 — The Minister of State for Finance, Planning and Economic Development [General Duties], Henry Musasizi has clarified that the women’s project, Generating Growth Opportunities and Productivity for Women…
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Multipurpose cooperative launched in Pader district
PADER, September 19, 2024 — Aringo Mac Multipurpose Cooperative Society Limited in Puranga Town Council in Pader district has been officially launched to provide innovative financial solutions, and sustainable agricultural practices. The…
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