Finance
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News
Agency warns of looming vaccine shortage in hospitals
KAMPALA, October 4, 2025 — The National Medical Stores [NMS] has warned of a looming shortage of vaccines for children following the imposition of a 2.5 per cent value added tax [VAT]…
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World Social Summit in Doha to host closing ceremony of the UN International Year of Cooperatives
KAMPALA, October 2, 2025 — The International Cooperative Alliance [ICA] will host the closing ceremony of the UN International Year of Cooperatives [IYC2025] on 4 November 4, at the Qatar National Convention…
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Africa Energy Bank moves to close continent’s energy finance gap
KAMPALA, October 1, 2025 — The African Petroleum Producers’ Organisation [APPO] and Afreximbank shared updates on the establishment of the US$ 5 billion Africa Energy Bank on Monday at AEW: Invest in…
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AFC closes record US$ 1.5bln syndicated loan, its largest-ever facility
KAMPALA, September 30, 2025 — Africa Finance Corporation [ AFC ], the leading infrastructure solutions provider in Africa, has successfully closed its largest-ever debt facility, a landmark US$1.5 billion syndicated loan. This…
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Stanbic Incubator and GIZ launch capacity-building programme for women-led green enterprises
KAMPALA, September 22, 2025 –– In a strategic effort to empower women entrepreneurs within Uganda’s green economy, Stanbic Business Incubator Limited [SBIL] has partnered with the German development agency GIZ to launch…
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Mobile money transactions soar in July amid mixed economic signals in Uganda
KAMPALA, September 21, 2025 – Uganda’s push for financial inclusion gained renewed momentum in July 2025, as mobile money transactions hit record levels, even as job growth slowed, the trade deficit widened,…
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Private sector credit contracts slightly as lending rates edge up – economic report
KAMPALA, September 20, 2025 – Uganda’s private sector credit stock experienced a slight contraction in July 2025, according to the latest Performance of the Economy Monthly Report released by the Ministry of…
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Coopérative U Plants Its Flag in Rwanda
KIGALI, September 13, 2025 — Coopérative U is planting its flag in a new African country: Rwanda. The independent retail cooperative has signed a partnership with the French group Duval, which is…
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US$ 99.6million livestock loan to benefit over 50 districts
KAMPALA, September 10, 2025 — Government can now borrow up to US$99.6 million to finance the proposed Resilient Livestock Value Chain Project [ReLiV] in 55 districts. The loan, approved by Parliament, will…
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Finance ministry holds consultations on budget strategy for FY 2026/2027
KAMPALA, August 22, 2025 — Top officials from the Finance ministry have met the Local Development Partners Group, members of the private sector, representatives of the civil society, and the academia to…
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