Financial
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Uganda’s export earnings increase 50.4 percent in January 2025
KAMPALA, March 20, 2025 – Uganda’s export earnings in January 2025 grew by 50.4 percent compared to the same month last year, reaching USD 859.22 million, up from USD 571.16mln in January…
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ICA to Hold General Assembly During Festival of Cooperatives in Manchester and Rochdale
LONDON, March 20, 2025 – In 2025, the second International Year of Cooperatives, as proclaimed by the United Nations, and the 130th anniversary of the International Cooperative Alliance [ICA], a special General…
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Gulu and Amuru maize farmers and buyers trained on standards compliance
GULU, March 20, 2025 – Maize value chain actors, including farmers, buyers, and other stakeholders in Gulu and Amuru districts, have been urged to comply with quality standards to secure better prices…
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PWDs in Teso form cooperative union to boost livelihoods
SOROTI, March 20, 2025 – Persons living with disabilities [PWDs] in the Teso Subregion have come together to form a cooperative union with the aim to save and borrow to invest in…
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Global and African Financial Experts Urge Action to Enhance Smallholder Farmer Financing
NAIROBI, March 20, 2025 — Leading global and African financial experts have issued a resounding call to align financial structures with the needs of smallholder farmers. Speaking at a two-day conference on…
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Gov’t pledges efficient power distribution after UMEME exits
KAMPALA, March 19, 2025 – Government through the The Ministry of Energy and Mineral Development [MEMD] has reaffirmed readiness to take over the electricity distribution concession from UMEME Ltd. through the Uganda…
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Adjumani and Lamwo districts to implement Shs 22.83bln refugee project
AJDJUMANI, March 19, 2025 — The Royal Danish Embassy through the Danish International Development Agency [DANIDA] has allocated US$ 6,171,393 [approximately Shs 22.83 billion] to support the implementation of the Uganda Refugee…
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Sugar cooperatives in India face grim season, but optimism grows for next year
NEW DELHI, March 19, 2025 — The 2024-25 sugar season in India has been marked by uncertainty, with fluctuating production estimates and significant setbacks in key sugar-producing states. Initial industry projections placed…
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Gov’t receives Shs 40bln to connect rural areas to electricity
KAMPALA, March 19, 2025 – The Government of Uganda has received a €10 million [approximately Shs 40 billion] grant to improve electricity access in the country’s rural and peri-urban areas. The grant,…
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Wazalendo SACCO’s total assets grow to over Shs 1 trillion
JINJA, March 18, 2025 — Uganda’s largest Savings and Credit Cooperative Organisation [SACCO], commonly known as Wazalendo SACCO [WSACCO], has announced that its total assets rose to Shs 1.149 trillion in 2024,…
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