Finance
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News
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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Gov’t, Afreximbank sign €270mln loan for infrastructure development
KAMPALA, August 22, 2025 – In a bid to improve road infrastructure and other key sectors across the country, the Government of Uganda has secured a €270 million loan [approximately Shs 1.1…
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Uganda’s economic outlook shows stability amidst global headwinds
KAMPALA, August 20, 2025 – Uganda’s economy showed continued resilience in July 2025, supported by stable inflation, robust private sector activity, and prudent fiscal operations, according to the latest Monthly Economic Report…
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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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