Politics
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New Finance Minister Unveils Ambitious Roadmap for Uganda’s Economic Growth
KAMPALA, June 2, 2026 — Uganda’s new Minister of Finance, Planning and Economic Development, Henry Musasizi, has outlined an ambitious economic agenda aimed at transforming the country into a US$ 500 billion…
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Spiro secures US$ 215mln to expand electric mobility infrastructure across Africa
KAMPALA, May 2, 2026 — Africa’s largest electric vehicle [EV] company Spiro has raised US$ 215 million [about Shs 817,000,000 billion] in fresh equity financing to accelerate the expansion of its electric…
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Africa CDC condemns attack on treatment centre amid DRC Ebola outbreak
KAMPALA, June 2, 2026 — The Africa Centres for Disease Control and Prevention [Africa CDC] has condemned the destruction of a treatment facility serving communities affected by the Bundibugyo Virus Disease outbreak…
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Court defers former Trade ministry PS Ssali’s corruption trial to July 30
KAMPALA, June 1, 2026 — The Anti-Corruption Division of the High Court has adjourned the corruption trial involving former Permanent Secretary in the Ministry of Trade, Industry and Cooperatives [MTIC], Geraldine Ssali…
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Invest Africa, and FirstBank UK to Host Joint Closing Reception as part of The Africa Debate 2026
LONDON, June 1, 2026 — The Mayor of London and FirstBank UK have announced a joint Closing Reception, marking the conclusion of The Africa Debate 2026, taking place this Wednesday at The…
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AfDB commits Shs 2.4trn to Uganda’s SGR project
KAMPALA, June 1, 2026 — The African Development Bank [AfDB] has reaffirmed its commitment to financing the construction of Uganda’s long-awaited Standard Gauge Railway [ SGR ], providing a major boost to…
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AfDB’s 2025 Annual Report Highlights Strong Results and a New Chapter for Africa’s Transformation
BRAZZAVILLE, June 1, 2026 — The African Development Bank Group [AfDB] has released its 2025 Annual Report, showcasing another year of strong development results and reaffirming its commitment to advancing a prosperous, inclusive,…
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BoU approves sale of Standard Chartered’s wealth and retail banking business to Absa
KAMPALA, May 30, 2026 — The Bank of Uganda [BoU] has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking [WRB] business to Absa Bank Uganda Limited, marking a…
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Brazil’s Aurora Coop in need of additional 11,000 workers to produce slightly less than today
BRASILIA, May 30, 2026 — Aurora Coop, considered the largest meat cooperative in Brazil, estimates it would need to hire an additional 11,000 workers on top of the current 51,000 just to produce…
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AM2026: AfDB 2025 Trade Finance Report highlights resilience of African financial institutions after Covid-19
BRAZZAVILLE, May 30, 2026 — The fifth edition of the African Development Bank’s [AfDB] Trade Finance Report paints a picture of resilient African financial institutions in the post Covid-19 years, despite a…
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