Trade
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Sierra Leone and AfDB target US$ 90bln in annual illicit financial flows
FREETOWN, July 27, 2025 — A four-day high-level seminar concluded last week with concrete recommendations to combat the estimated US$ 90 billion that Africa loses annually to illicit financial flows, as the…
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Private sector credit growth remains flat as lending rates rise – report
KAMPALA, July 27, 2025 — Growth in Uganda’s private sector credit remained largely subdued between April and May 2025, even as lending rates edged higher, according to the Performance of the Economy…
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Benin: AfDB approves over US$ 30mln to protect farmers from climate shocks and food insecurity
ABIDJAN, July 26, 2025 — The Board of Directors of the African Development Bank Group [AfDB] has approved US$ 30.25 million in financing for a groundbreaking climate protection and agricultural sector resilience…
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European Parliament pushes for repeal of deforestation law
BRUSSELS, July 25, 2025 — Debate is still alive in the European Union [EU] about the incoming ban on goods linked to deforestation, with the European Parliament pushing for a repeal of…
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EAC Secretary General concludes official visit to Uganda with key strategic engagements
KAMPALA, July 25, 2025 — The Secretary General of the East African Community [EAC], Veronica Nduva, has concluded a three-day official visit to the Republic of Uganda, marked by high-level engagements aimed…
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COPAC event celebrates International Day of Cooperatives at UN headquarters
NEW YORK, July 25, 2025 — The Committee for the Promotion and Advancement of Cooperatives [COPAC] marked the International Day of Cooperatives with a high-level event recently at the United Nations’ [UN]…
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Lira district official attributes poverty in Lango to poor mindset and enterprise selection
LIRA, July 25, 2025 — The Production and Marketing Officer of Lira District, Thomas Okello, has attributed the persistent poverty in the Lango Sub-region to a poor mindset among farmers and poor…
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Kikuube leaders, farmers welcome Grain Quality Ordinance aimed at improving post-harvest handling
KIKUUBE, July 25, 2025 — Leaders and farmers in Kikuube district have welcomed the recently passed Grain Quality Ordinance, which aims to improve post-harvest handling of grain crops across the district. Post-harvest…
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BoU raises Shs 1.86trn from treasury bills and bonds in June 2025
KAMPALA, July 24, 2025 — Uganda’s domestic debt market remained active in June 2025, with the government through Bank of Uganda [BoU] raising Shs 1.86 trillion from three auctions of treasury bills…
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Over 50 SACCOs face auction over Ksh 1.36bln in unpaid KUSCCO loans
NAIROBI, July 24, 2025 — At least 58 Savings and Credit Cooperatives [SACCOs] across Kenya are at risk of losing their assets through auction after defaulting on loans totaling Ksh 1.36 billion…
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