Trade
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WCU disburses Shs 480mln to teachers in Acholi for personal development
GULU CITY, January 31, 2026 — The Walimu Cooperative Union [WCU] says it has disbursed a total of Shs 480 million to government teachers in the Acholi Subregion since 2022. Francis Otema,…
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Gov’t and Standard Chartered sign Shs 2.747 trillion agreements to finance key infrastructure projects
KAMPALA, January 31, 2026 — The Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth Shs 2.747 trillion to fund three major infrastructure projects aligned with the Government’s…
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AfDB approves new programme to Help African countries turn energy promises into power for millions
ABIDJAN, January 31, 2026 — The Board of Directors of the African Development Bank [AfDB] has approved a new US$ 3.9 million, two-year technical assistance project to support African countries in the implementation of their…
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SACCO sector wins big as Museveni halts BoU regulation, directs extension of tax exemption beyond 2027
KAMPALA, January 30, 2026 — The Savings and Credit Cooperative Organisations [SACCOs] sector has secured significant policy commitments from the Government of Uganda following successful high-level lobbying and advocacy engagements led by…
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Wagagai Coffee Farmers’ SACCO Holds Fourth AGM at Kaserem Primary School, Elects New Board
KAPCHORWA, January 30, 2026 — Wagagai Coffee Farmers’ SACCO on Thursday held its fourth Annual General Meeting [AGM] at Kaserem Primary School, bringing together members, management and district officials to review the…
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Finance Trust Bank loses Tier I commercial bank licence
KAMPALA – January 29, 2026 – The Bank of Uganda [BoU] has downgraded Finance Trust Bank [FTB] from a Tier I commercial bank to a Tier II credit institution, in line with…
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Mitigating climate change: Buganda adopts biogas for clean cooking
NAKASONGOLA, January 29, 2026 — Buganda Kingdom has adopted the use of biogas for clean cooking as part of efforts to combat climate change, reduce poverty and curb environmentally related diseases. The…
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Afreximbank bolsters Angola’s energy sector with a US$ 1.75bln facility for national oil company
CAIRO, January 29, 2026 — African Export-Import Bank [Afreximbank], working with other mandated lead arrangers, has successfully closed a US$ 1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company.…
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“Any customs system not Built on LLM Will disappear,” warns ASYCUDA founder Jean Gurunlian
ABU DHABI, January 29, 2026 — Jean Gurunlian, Chairperson of Webb Fontaine, and founder/architect of the ASYCUDA system, issued a stark warning on the future of Customs technology at the WCO Technology…
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Uganda ranks third in Africa Financial Markets Index
KAMPALA, January 28, 2026 — Uganda has retained third place in the 2025 Absa Africa Financial Markets Index [AFMI], reflecting continued progress in macroeconomic stability and market transparency. The AFMI assessed 28…
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