Finance
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News
Private sector credit growth remains flat as lending rates rise – report
KAMPALA, July 27, 2025 — Growth in Uganda’s private sector credit remained largely subdued between April and May 2025, even as lending rates edged higher, according to the Performance of the Economy…
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AfDB approves €100mln to empower Morocco’s women and youth entrepreneurs in building inclusive and sustainable agriculture
RABAT, July 22, 2025 — The Board of Directors of the African Development Bank [AfDB] has approved a €100 million loan to support Morocco’s inclusive solidarity-based agriculture programme, focused on empowering women…
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IFC Issues Rwanda Franc “Umuganda” Bond to Support Rwanda’s Capital Markets
KIGALI, July 22, 2025 — In a move to support the development of Rwanda’s capital markets, the International Finance Corporation [IFC], a member of the World Bank Group, issued a 24 billion…
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Ggoobi unveils Shs 1.1 trillion boost for PDM, warns officials against extortion
KAMPALA, July 11, 2025 – – The Permanent Secretary, Ministry of Finance, Planning and Economic Development and Secretary to Treasury , Ramathan Ggoobi says his ministry has released Shs 1.097 trillion to…
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UK-funded project to revamp over 100 roads across Kampala
KAMPALA, July 10, 2025 –– Kampala Capital City Authority [KCCA] has entered into an agreement with UK-based global infrastructure firm COLAS to launch the Kampala City Roads and Bridges Upgrading Project [KCRBUP],…
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Uganda to host landmark Development Finance Summit to Reshape Africa’s Economic Future
KAMPALA, July 4, 2025 – – The Uganda Development Bank [UDB] will host the inaugural Uganda Development Finance Summit 2025, a transformative gathering aimed at redefining Africa’s economic trajectory through an innovative…
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SACCO leaders convene to drive innovation and inclusive finance
FORT PORTAL CITY, June 25, 2025 –– In a bid to foster experience-sharing, innovation, and inclusive financing, the Uganda Cooperative Savings and Credit Union Limited [UCSCU] on Tuesday hosted the 4th Annual…
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African leaders urge U.S. to embrace investment-driven partnerships and review tariffs
LUANDA, June 24, 2025 — African leaders have called on Monday for an urgent review of U.S. tariffs on African exports, urging a shift towards transformative partnerships and investment in Africa’s economic…
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National Budget Month for FY 2025/26 Launched
KAMPALA, June 2, 2025 — Finance Minister Matia Kasaija has launched the national budget month activities for FY 2025/26 at the Uganda Media Centre. During the launch that took place in Kampala, Finance…
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Kapchorwa district passes Shs 29bln budget for FY 2025/2026
KAPCHORWA, May 26, 2025 –– Kapchorwa District Council has approved a Shs 29 billion budget for the 2025/2026 financial year [FY], with a strong focus on health, education, administration, and service delivery.…
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