Financial
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King of Bunyoro offers financial support to Kibaale Health Centre IV
HOIMA, June 11, 2024 – The king [Omukama] of Bunyoro-Kitara Kingdom Dr Solomon Gafabusa Iguru I has dedicated the proceeds of Empango Marathon to Kibaale district Health Centre IV to procure delivery beds…
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Fidelity Bank Nigeria completes acquisition of Union Bank UK
CAIRO, June 11, 2024 – African Export-Import Bank [Afreximbank] has announced the disbursement of a US$40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of…
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Greening: KCCA, Absa Bank partner to plant over 3,000 trees
KAMPALA, June 8, 2024 – Capital City Authority [KCCA] has partnered with Absa Bank Uganda to plant 3,300 trees at KCCA’s Agricultural Resource Centre in Kyanja situated on an expanse of 4.9…
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Allocation of Shs 87mln to cooperatives sector draws mixed reactions in Kwania
KWANIA June 8, 2024 – A move by Kwania district council to allocate a sum of Shs 87 million to the district’s Trade, Industry, and Cooperatives sector has sparked mixed reactions from…
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Africa: Ecobank Group launches 2024 Fintech Challenge with Shs 190mln prize
LOME, June 8, 2024 – Ecobank Group which also operates in Uganda has launched the 2024 Fintech Challenge and is calling for applications from across Africa, according to a press release. This…
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Canada: Cooperative Housing Development Programme launched
WINNIPEG, May 7, 2024 – The Canadian government has launched the Cooperative Housing Development Programme. The programme’s launch was presided over by Sean Fraser, Minister of Housing, Infrastructure and Communities, and Dan…
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Agreement to drive sustainable development through Islamic Finance signed
JEDDAH, June 6, 2024 – The Islamic Development Bank Institute [IsDBI] and the General Council for Islamic Banks and Financial Institutions [CIBAFI] signed a Grant Agreement to collaborate towards advancing Islamic finance…
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Society Artisanal partners with Minespider to track conflict-free gold from the DRC
KINSHASA, June 6, 2024 – Society Artisanal, an organisation that aims to export conflict-free artisanal gold from the Democratic Republic of Congo [DRC], has announced its partnership with Minespider, a technology company…
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Aduku Subcounty leaders get bicycles for PDM monitoring
KWANIA, June 6, 2024 – At least 18 local Council III councillors of Aduku Subcounty in Kwania district have received bicycles to monitor the implementation of the Parish Development Model [PDM]. The…
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Over 14,600 benefit from Students’ Loan Scheme
KAMPALA, June 5, 2024 – The number of beneficiaries of the Students’ Loan Scheme in Uganda has grown to 14, 601, according to the Higher Education Students’ Financing Board [HESFB] that manages…
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