Trade
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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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New report highlights coffee’s shared value chain linking producing countries and Europe
KAMPALA, June 27, 2026 — Coffee supports livelihoods for millions of farming families in producing countries while generating jobs and economic activity across Europe, according to a new report published today by…
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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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Ugandan manufacturers push for financing reforms as sector grapples with rising costs
KAMPALA, June 27, 2026 — Uganda’s manufacturing sector has called on government and financial institutions to reform existing financing models and provide funding solutions tailored to different production cycles and investment needs.…
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Minister Musasizi calls for improved performance of World Bank-funded projects in Uganda
KAMPALA, June 26, 2026 — Uganda’s Minister of Finance, Planning and Economic Development, Henry Musasizi, has met the World Bank Division Director for Kenya, Rwanda, Somalia and Uganda, Fan Qimiao, to discuss…
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Igara Growers Tea Factory holds 28th AGM amid tight security
BUSHENYI, June 26, 2026 — Shareholders of Igara Growers Tea Factory Limited [IGTF] have approved a new board of directors to steer the company for the next three years, despite an attempted…
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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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UCSCU urges stronger governance and technology adoption to strengthen SACCOs
KABALE, June 25, 2026 — The Board Chairperson of the Uganda Cooperative Savings and Credit Union Limited [ UCSCU ], Col. Allan Kitanda, has called for stronger governance systems, greater transparency, and…
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Afreximbank report says Africa can turn geopolitical shocks into growth opportunity
KAMPALA, June 25, 2026 — The African Export-Import Bank [Afreximbank] has launched its 2026 African Trade Report, arguing that escalating global geopolitical tensions and supply chain disruptions could be transformed into long-term…
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