Financial Inclusion
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Opinions & Commentary
Leveraging AI for cooperatives in Uganda: The path to a smarter future
KAMPALA, January 7, 2025 — The cooperative movement in Uganda has long been a cornerstone of economic development, fostering collective growth and financial inclusion for millions of people. Cooperatives have empowered smallholder…
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News
Museveni directs leaders to document PDM beneficiaries
MANAFWA, December 19, 2024 – President Yoweri Museveni has called upon political leaders, especially chairpersons at different levels and sub-county chiefs, to document the beneficiaries of the Parish Development Model [PDM], saying…
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News
AfDB approves US$ 6.6mln grant to strengthen Somalia’s financial architecture for inclusive growth
ABIDJAN, September 17, 2024— The African Development Bank Group [AfDB] has approved a US$ 6.6 million grant to support the Federal Government of Somalia [FGS] in strengthening state capacity to build its…
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News
Serere’s Mugarama B VSLA, building bridges to financial inclusion and prosperity
SERERE, July 25, 2024 – In the country where most people in rural areas are outside of the financial system, Mugarama B Village Savings and Loans Association [Mugarama B VSLA] nestled along…
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News
Oikocredit announces EUR 2.4mln loan to support SMEs in Indonesia
AMSMERFOORT and JARKATA, July 6, 2024 – Netherlands’s Social investor Oikocredit and Validus Group, a Singapore-based digital financing platform, have partnered to provide small and medium-sized enterprises [SMEs] in Indonesia with accessible…
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News
Tororo leaders warned against extortion of PDM beneficiaries
TORORO, June 25, 2024 – Tororo Deputy Resident District Commissioner [RDC], Albert Amula, has warned officials implementing the Parish Development Model [PDM] against extortion. Amula issued the warning while opening the training…
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News
Agreement to drive sustainable development through Islamic Finance signed
JEDDAH, June 6, 2024 – The Islamic Development Bank Institute [IsDBI] and the General Council for Islamic Banks and Financial Institutions [CIBAFI] signed a Grant Agreement to collaborate towards advancing Islamic finance…
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Cooperatives & Communities
Soroti City receives Shs 550mln PDM funds for second disbursement
SOROTI, April 18, 2024 – The Soroti City Commercial Officer, George William Tukei says the city has received Shs 550 million for the Parish Development Model [PDM] beneficiaries who missed the money…
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