Financial
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Bushenyi-Ishaka Municipality local revenue hits Shs 1.2bln after SEATINI intervention
BUSHENYI, June 3, 2026 – Through a targeted intervention by the Southern and Eastern Africa Trade Information and Negotiations Institute [SEATINI] Uganda, Bushenyi-Ishaka Municipality has reversed years of stagnant local revenue collection,…
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AM2026: AfDB and ASSA seal strategic partnership to mobilise domestic capital for social protection systems
BRAZZAVILLE, June 3, 2026 — The African Development Bank [AfDB] and the Africa Social Security Association [ASSA] have signed a letter of intent to strengthen collaboration on Africa’s long-term development financing priorities,…
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Africa’s top 10 economies are worth more than US$ 2.46trn combined
KAMPALA, June 2, 2026 — The combined Gross Domestic Product [GDP] of Africa’s 10 largest economies is projected to reach approximately US$ 2.46 trillion in 2026, according to the latest estimates released…
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Ecobank Group launches world’s first nature bond, mobilising global capital to protect Africa’s natural ecosystems
LOMÉ, June 2, 2026 – Ecobank Group has launched the world’s first International Capital Market Association [ICMA]-aligned commercial bank-issued Nature Bond on the London Stock Exchange, creating a new channel for international…
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New Finance Minister Unveils Ambitious Roadmap for Uganda’s Economic Growth
KAMPALA, June 2, 2026 — Uganda’s new Minister of Finance, Planning and Economic Development, Henry Musasizi, has outlined an ambitious economic agenda aimed at transforming the country into a US$ 500 billion…
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Promoting Financial Inclusion in Uganda: Equity Bank Commits to Supporting More SACCOs
KAMPALA, June 2, 2026 — Equity Bank Uganda has reaffirmed its commitment to extending financial support to more Savings and Credit Cooperative Organisations [SACCOs] as part of its efforts to promote financial…
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Banking Uganda’s Economy: Unlocking Inclusive Growth Through Financial Inclusion and Digital Finance
UGAFODE Financial Pathways KAMPALA, June 2, 2026 — Uganda is at a crucial stage in its economic development. Over the past two decades, the country has achieved steady economic growth, expanded digital…
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EBRD launches inaugural Economic Governance Strategy
LONDON, June 1, 2026 — The European Bank for Reconstruction and Development [ EBRD ] has launched its inaugural Economic Governance Strategy, reaffirming its commitment to strengthening economic governance across the economies…
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Invest Africa, and FirstBank UK to Host Joint Closing Reception as part of The Africa Debate 2026
LONDON, June 1, 2026 — The Mayor of London and FirstBank UK have announced a joint Closing Reception, marking the conclusion of The Africa Debate 2026, taking place this Wednesday at The…
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AfDB commits Shs 2.4trn to Uganda’s SGR project
KAMPALA, June 1, 2026 — The African Development Bank [AfDB] has reaffirmed its commitment to financing the construction of Uganda’s long-awaited Standard Gauge Railway [ SGR ], providing a major boost to…
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