Financial
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Challenges hinder performance of National Oil Seed Project
KAMPALA, February 4, 2025 — The National Oil Seed Project [NOSP], which aims to support farmers in 81 districts across Uganda, is facing significant setbacks that could affect its overall performance and…
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Gov’t to prioritise debt management and economic growth in next five years
KAMPALA, February 3, 2025 –The government intends to prioritise debt management, domestic revenue mobilisation, and economic transformation in the next five financial years. This was revealed days ago in parliament by the…
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UCSCU let down as EBO SACCO opts for BoU regulation
MBARARA, 3rd February 2025 – The Vice Chairman of the Uganda Cooperative Savings and Credit Union [ UCSCU ], Stephen Bongonzya, has expressed his disappointment regarding some of the larger Savings and…
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Mission 300: African leaders pledge to advance clean cooking solutions for Africa at milestone Energy Summit
DAR ES SALAAM, February 2, 2025 — African countries have taken bold commitments to implement clean cooking energy solutions to offset the devastating effects of open fire cooking which kills roughly 600,000…
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Sustainable Energy Fund for Africa gets more funding to boost electricity connectivity
DAR ES SALAAM, January 31, 2025 — Denmark, the United Kingdom, Spain and France have unveiled new or additional contributions to the Sustainable Energy Fund for Africa, demonstrating strong support for the…
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Kikuube schools to undergo facelift after receiving Shs 1bln
KIKUUBE, January 31, 2025 – Seven schools in Kikuube district are set to benefit from a major renovation project after the Kikuube District Local Government launched the refurbishment of dilapidated school structures.…
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Soroti Blood Bank receives new ambulance worth Shs 300mln
SOROTI CITY, January 31, 2025 – Service delivery is expected to improve at Soroti Regional Blood Bank following the arrival of a new ambulance valued at Shs 300 million. While handing over…
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Columbia cooperative given US$ 500mln for clean energy projects
COLUMBIA, January 30, 2025 – The power supplier for South Carolina’s 19 electric cooperatives has secured US$ 500 million in federal support for several clean energy projects needed to meet the Palmetto State’s…
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MPs reject free land for Bunyoro University over Shs 4.9bln compensation for trees
KAMPALA, January 30, 2025 – Members of Parliament [MPs] have advised government against acquiring free land to establish Bunyoro University after the landowner demanded Shs 4.9 billion in compensation for his pine…
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Tanzania summit declaration vows to connect 300mln Africans with cheap electricity within five years
DAR ES SALAAM, January 29, 2025 — African leaders committed on Tuesday to delivering affordable electricity to 300 million people across the continent within five years. The pledge, known as the Dar es Salaam…
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