absa
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News
Africa advances despite global headwinds – AFMI 2025
KAMPALA, October 16, 2025 — The past 12 months have seen highs and lows around the world. Difficult macroeconomic conditions, compounded by a turbulent trade environment and geopolitical tensions, have created challenges…
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Stability over spectacle: African banks navigate a changing landscape in 2025
KAMPALA, October 14, 2025 — Africa’s banking sector has weathered another steady, if unspectacular, year, according to the African Business 2025 ranking of the continent’s Top 100 Banks. The latest data reveals…
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Absa Africa Financial Markets Index 2025 to launch on October 16
KAMPALA, October 6, 2025 — For the ninth consecutive year, the Absa Africa Financial Markets Index will evaluate the development of financial markets across Africa, with a particular focus on market accessibility,…
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Absa Bank launches regional SME forums to boost business growth
MBARARA CITY, September 7, 2025 – – Absa Bank Uganda has launched a series of regional forums aimed at empowering small and medium-sized enterprises [SMEs] with financial knowledge and skills for sustainable…
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Clean water and education facilities boost Abim district in major NGO-bank partnership
ABIM, August 31, 2025 – Residents of Barotuke West in Abim district are set to benefit from a major development initiative following the commissioning of a modern water hub and upgraded school…
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Network International expands portfolio with Absa Bank
KAMPALA, August 15, 2025 — Network International [Network], a leading enabler of digital commerce in the Middle East and Africa, has been chosen by Absa Business Banking, one of Africa’s leading business…
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The big interview: Meet Stephen Mugumya Bongonzya – a seasoned banker and senior cooperator
MBARARA CITY, April 28, 2025 — theCooperator News recently sat down with Stephen Mugumya Bongonzya, Vice Chairman of the Uganda Cooperative Savings and Credit Union Limited [UCSCU]—the apex body for SACCOs in…
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News
Widespread progress in African financial markets
KAMPALA, October 25, 2024 — There have been clear improvements across countries in the Absa Africa Financial Markets Index 2024. Scores have risen for 23 countries [82 percent], which is the highest…
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News
IFC and Absa provide trade facility to Valency to support thousands of farmers in Africa
SINGAPORE, October 13, 2024 – The International Finance Corporation [ IFC ], a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its Corporate…
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Bankers in Uganda elect new leadership
KAMPALA, May 22, 2024 – Local banks under the umbrella of Uganda Bankers’ Association [UBA] have elected new leaders to run the affairs of the association effective May. The new UBA leaders…
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