Banks
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International
IMF warns of rising financial stability risks despite resilient global markets
WASHINGTON, October 14, 2026 — The International Monetary Fund [IMF] has warned that financial stability risks remain elevated despite resilience in global financial markets, citing growing vulnerabilities linked to artificial intelligence [AI],…
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Finance & Banking
Musasizi urges commercial banks to cut lending rates to boost local production
KAMPALA, September 18, 2026 –Finance Minister Henry Musasizi has called on commercial banks in Uganda to lower lending rates and channel more financing into productive sectors, saying affordable credit will be critical…
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Energy & Mining
Afreximbank convenes Angola oil and gas financing forum to ad-vance local content and indigenous participation
LUANDA, September 12, 2026 — African Export-Import Bank [Afreximbank] hosted a Local Content Development Forum in Luanda, Angola, on September 9, 2026, bringing together government institutions, financial institutions, indigenous companies and industry…
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Cooperatives & Communities
Nigeria Moves to Digitalise Cooperative Sector as Government Launches National Identity System
ABUJA, September 6, 2026 — The Federal Government of Nigeria has stepped up efforts to transform the country’s cooperative sector through digitalisation, charging cooperative authorities in the 36 states and the Federal…
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Finance & Banking
EAC banks urged to finance skills, markets to drive industrial growth
KAMPALA, August 21, 2026 — dfcu Bank has called on commercial banks, regulators and central banks across East Africa to build a fully integrated financial ecosystem capable of unlocking capital at scale,…
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Finance & Banking
Cut lending rates for manufacturers to boost industrial growth, minister urges banks
KAMPALA, August 11, 2026 — State Minister for Trade David Bahati has urged commercial banks in Uganda to reduce lending rates for manufacturers to enable the sector to grow. Bahati said the…
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News
IMF warns Uganda over widening fiscal deficit despite strong economic growth
KAMPALA, July 29, 2026 — The International Monetary Fund [IMF] has raised concerns over Uganda’s weakening fiscal position, warning that rising government spending and debt-servicing costs could increase vulnerabilities despite continued strong…
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Finance & Banking
Landmark Report on State of AI in African Banking 2026 Published
KAMPALA, July 21, 2026 — Backbase, a leader in AI-powered banking, in partnership with African Banker magazine, has published The State of AI in African Banking 2026: The Reality of Banking in…
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News
Sovereignty Bill risks deterring investment and trade, bankers warn
KAMPALA, April 20, 2026 — The Uganda Bankers’ Association [UBA] has raised concerns over the draft Protection of Sovereignty Bill, 2026, warning that it could deter investment and undermine the country’s economic…
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News
Equity Bank empowers salon entrepreneurs with business skills
KAMPALA, February 25, 2026 — Equity Bank Uganda has trained more than 120 salon entrepreneurs in Kampala and surrounding districts, equipping them with essential business skills including leadership and record-keeping. The participants…
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