Market Information
latest market news and reviews
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CIC partners with TDB and Swiss bank, Vontobel to launch the CIC Global Balanced Special Fund
NAIROBI, October 9, 2025 — CIC Insurance Group has partnered with the Trade Development Bank [TDB] for strategic sponsorship to strengthen its offshore positioning through an operational partnership with Swiss private bank Vontobel that is also tasked with…
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Bank of Uganda reports rise in expenses and loan adjustments for FY 2024/2025
KAMPALA, October 9, 2025 — The Bank of Uganda’s [BoU] latest Integrated Annual Report for the 2024/2025 financial year ended June 30 2025 shows that the Central Bank’s operating expenses, staff costs,…
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Ugandan manufacturers call for new cross-border trade policies
KAMPALA, October 9, 2025 –- The Uganda Manufacturers Association [UMA], the umbrella body for local manufacturers, has called for the new comprehensive cross-border trade policies to address persistent challenges that hinder access…
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Uganda Refinery to start operations in Q4 2029-Q1 2030
CAPE TOWN, October 7, 2025 — Uganda’s oil refinery is scheduled to begin operations in the fourth quarter of 2029 or the first quarter of 2030, according to Michael Nkambo Mugerwa, General…
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COMESA–EU Horticulture Connect paves way for stronger Africa–Europe agribusiness partnerships
NAIROBI, October 6, 2025 — The inaugural COMESA–EU Horticulture Connect Meeting, a landmark engagement bringing together European buyers, regional SMEs, and agribusiness leaders to unlock new trade, investment, and partnership opportunities across…
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Uganda boosts Africa’s coffee exports in August 2025
KAMPALA, October 6, 2025 — Exports of all forms of coffee from Africa rose by 4.1 percent in August 2025, reaching 1.9 million bags, up from 1.83mln bags in August 2024, according…
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French Embassy, Stanbic collaborate to train start-ups for green economy
KAMPALA, October 3, 2025 — The Stanbic Business Incubator Limited [SBIL] has signed a new grant agreement with the Embassy of France in Uganda to finance the Green Tech Incubator and Accelerator…
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Landmark US$ 30mln disbursement to UDBL to boost economic growth
KAMPALA, October 3, 2025 — The Islamic Corporation for the Development of the Private Sector [ICD], a member of the Islamic Development Bank [IsDB] Group, has successfully disbursed a US$ 30 million…
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Dfcu Bank opens new branch in Fort Portal City, targeting farmers and SMEs
FORT PORTAL CITY, October 1, 2025 — Dfcu Bank has expanded its footprint in the Tooro Sub-region with the opening of its 56th branch in Fort Portal City. Located along Babiiha Road,…
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AfDB review highlights inland fisheries as lifeline for millions of Africans
KAMPALA, September 29, 2025 — The African Development Bank [AfDB] has released a “Review of African Inland Fisheries,” calling for urgent investment in restoring aquatic habitats and integrating fisheries into broader water…
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