Trade
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TDB at 40: Ggoobi lauds lender’s evolution for driving regional development
KAMPALA, January 4, 2026 — The Trade and Development Bank Group [TDB] recently marked 40 years of operations with renewed praise from government and financial sector leaders, who credit the institution’s transformation…
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MSC introduces news loan product for market vendors
KAMPALA, January 4, 2026 — The Government of Uganda, through the Microfinance Support Centre [MSC], has introduced the Katale Loan, a new financing product aimed at empowering market vendors and small-scale traders…
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US captures Maduro, carries out ‘large scale strike’ in Venezuela, says Trump
WASHINGTON DC, January 3, 2025 — President Donald Trump said the U.S. “successfully carried out a large scale strike against Venezuela” and said Venezuelan President Nicolas Maduro and his wife were “captured…
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African Pipeline Projects: What’s Holding Up Development?
CAPE TOWN, December 3, 2025 — While Africa possesses vast hydrocarbon resources, decades of underdeveloped infrastructure continue to limit the economic potential of its oil and gas sector. In 2025, several major…
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Over 800 Gulu Main Market vendors receive financial literacy training
GULU CITY, January 3, 2026 — A total of 890 vendors at Gulu Main Market have received financial literacy training aimed at strengthening business growth and sustainability. The training, conducted by the…
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Museveni commissions new sugar factory in Luwero
LUWERO, January 2, 2026 — President Yoweri Museveni recently commissioned the Victoria Sugar Limited factory in Luwero district, reaffirming the government’s commitment to industrialisation, wealth creation, and improved livelihoods. The President, who…
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Centenary Bank, NGO collaborate to restore degraded land in Mbale
MBALE, January 2, 2026 — Centenary Bank, in partnership with the non-governmental organisation Bees & Trees Uganda, has launched the Coffee Agroforestry for Environment and Livelihood Enhancement Initiative, aimed at restoring degraded…
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UEDCL upgrades Kampala South Substation to meet rising electricity demand
KAMPALA, January 1, 2026 — Households and businesses along Entebbe Road are expected to experience improved electricity reliability following the upgrade of the Kampala South Substation from 20 megawatts to 34 megawatts…
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Equity Bank gets US$60mln trade finance transaction guarantee facility to support SMEs, drive regional trade
NAIROBI, January 1, 2026—The Board of Directors of the African Development Bank Group [AfDB] has approved a US$ 60 million Trade Finance Transaction Guarantee facility to support the trade finance activities of…
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Japan and AfDB deepen partnership to boost private investment in Africa
RABAT, January 1, 2026 — Japan and the African Development Bank [AfDB] strengthen their collaboration at the recent Africa Investment Forum [AIF] 2025 Market Days, unveiling new commitments under the Enhanced Private…
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