credit facilities
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News
Moyo District Staff SACCO records growth in membership and loan portfolio
MOYO, March 16, 2026 — The Moyo District Local Government Staff SACCO has registered steady growth in membership, savings, and its loan portfolio despite a challenging economic environment in 2025. Addressing members…
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News
Mortgage refinancing Bill raises paid-up capital to Shs 35bln
KAMPALA, September 6, 2025 — Mortgage refinancing institutions in the country will now be required to have minimum paid-up capital of Shs 35 billion. This is contained in the Mortgage Refinancing Institutions…
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Cooperatives & Communities
Lira City: Minister Amongi boosts LCI SACCOs with Shs 20mln
LIRA City, February 26, 2024 – The Minister of Gender Labour and Social Development, Betty Amongi has offered financial support to Savings and Credit Cooperative Organisations [SACCOs] formed by LCI chairmen in…
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Africa
AfDB’s new 2023-2027 strategy to help spur economic transformation in Ethiopia
ADDIS-ABABA The African Development Bank [AfDB] recently approved the 2023-2027 Country Strategy Paper for Ethiopia, which will support the country in expanding inclusive and sustainable growth through agro-industrialization, improved connectivity, and competitiveness,…
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Cooperatives & Communities
Bingwa Sacco membership hits over 215,700
NAIROBI-Kenya’s Co-op News reports that Bingwa Sacco is among co-operative societies serving large numbers of members in the country, pointing to the Deposit-Taking Society’s ability to offer the best customer care that…
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