Financial
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Amach Banana Producers and Seed Marketing SACCO reaping big from business
LIRA, May 30, 2024 – Members of Amach Banana Producers and Seed Marketing SACCO Limited in Lira district are making good money out of growing bananas, and other crops. Patrick Olobo, the…
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Agreement to expand American Express acceptance in Sub-Saharan Africa signed
NAIROBI, Kenya, May 30, 2024 – American Express and Ecobank Group, the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in 21 countries in Sub-Saharan…
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Multilateral finance institutions win big at African Banker Awards 2024
KAMPALA, May 29, 2024 – The most prestigious event in the African banking calendar, the African Banker Awards Gala Ceremony 2024, took place last night at the JW Marriott Hotel in Nairobi,…
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Chief economists: The economic outlook is brightening but political risks loom large in 2024
KAMPALA, 29 May 2024 – The latest Chief Economists Outlook released today presents a growing sense of cautious optimism about the global economy in 2024. More than eight in ten chief economists expect…
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Agrofield Business: Promoting “Made in Congo” products
BRAZZAVILLE, May 29, 2024 – Agrofield Business is an agribusiness cooperative whose mission is to make chips from local fruit. As its president, Edith Nanette Diba, a 34-year-old Congolese entrepreneur with a…
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Free school meals for learners crucial to Africa’s future, gathering in Nairobi told
NAIROBI, May 28, 2024 – African countries could scale up the provision of free school meals despite other economic challenges to combat the incalculable and harmful consequences of millions of children going…
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UNOC records Shs 37bln profit in financial year ended June 30, 2023
KAMPALA, May 28, 2024 – The Uganda National Oil Company [ UNOC ] generated a profit of Shs 37.6 billion surpassing their projected revenue of Shs 6.989bln in the financial year 2022/2023.…
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Dokolo SACCO embarks on weekly savings to boost capital base
DOKOLO, May 28, 2024 – The members of Dokolo North Welders Emyooga SACCO Limited have embarked on weekly savings to increase their capital base, and boost loan transactions. The SACCO located in…
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WHO launches its first Investment Round to sustainably finance its Health for All mandate
KAMPALA, May 27, 2024 – The World Health Organisation [ WHO ] launched its first-ever Investment Round on Sunday as part of a broader plan to transform the way the Organisation is…
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Nebbi Workers’ SACCO loan portfolio hits Shs 5bln
NEBBI, May 27, 2024 – Nebbi Workers’ SACCO operating in Nebbi town has since 2014 disbursed loans worth Shs 5 billion, it was revealed over the weekend as the SACCO held its…
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