Technology
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M-KOPA targets Ugandan SACCOs with smartphones to advance financial inclusion
KAMPALA, July 6, 2026 – After unlocking more than Shs 1 trillion in credit, M-KOPA Uganda is shifting its focus to Savings and Credit Cooperative Organisations [SACCOs] as part of its efforts…
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Ford rehires 350 engineers after AI falls short on vehicle quality
NEW YORK, June 30, 2026 — US carmaker Ford has rehired around 350 experienced engineers after finding that automated quality control systems driven by artificial intelligence [AI] failed to achieve the standards…
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ADF approves US$9 million grant to strengthen financial integration across East Africa
KAMPALA, June 28, 2026 — The Board of Directors of the African Development Fund [ADF] has approved a US$ 9 million [approximately Shs 33,3 billion] grant to deepen financial integration across East…
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MTN Uganda hands over Shs 54.27bln to Universal Service and Access Fund to boost digital inclusion
KAMPALA, June 26, 2026 — MTN Uganda has handed over Shs 54.27 billion to the Uganda Communications Commission [UCC] as its statutory contribution to the Universal Service and Access Fund, reaffirming its…
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PDM SACCO leaders arrested in Lira City over alleged fraud targeting women beneficiaries
LIRA CITY, June 27, 2026 — Several leaders of a Parish Development Model [PDM] SACCO in Lira City have been arrested over allegations of fraud and extortion involving PDM funds, with authorities…
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Lira students develop solar-powered poultry incubator to boost farmers’ incomes
LIRA CITY, June 26, 2026 — Students at Fountainhead Institute of Management and Technology [FIMAT] in Lira City have developed an innovative solar-powered poultry incubator aimed at helping farmers increase production and…
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EU moves closer to digital euro as parliament backs key framework amid push to curb US payment dominance
BONN, June 24, 2026 — The European Union [EU] has taken a significant step towards introducing a digital euro after the European Parliament’s economic committee gave its backing to draft legislation designed…
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AFC arranges over EUR100mln financing to strengthen food security in Togo
LOME, June 24, 2026 — Africa Finance Corporation [AFC], the continent’s infrastructure solutions provider, has arranged a EUR 108.3 million sovereign-backed financing facility for Togolese government to support food security through modernisation…
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Stakeholders call for increased investment in smallholder irrigation schemes
KAMPALA, June 24, 2026 — Stakeholders from Uganda’s agriculture, finance, public and private sectors have called on government and development partners to increase investment in and support for the adoption of irrigation…
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Affinity Africa report lays bare the cost of Africa’s cash dependency — and the actions needed to break it
ACCRA and LONDON, June 17, 2026 — Affinity Africa, Ghana’s leading digital banking platform, has released a new report in collaboration with the Mo Ibrahim Foundation and Yale’s International Leadership Centre examining the drivers…
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