GDP
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Cooperatives & Communities
WOCCU and Visa Advance First-of-its-Kind Digital Remittance Pilot Between US and Guatemalan Credit Unions
MADISON, Wisconsin, July 7, 2026 — The World Council of Credit Unions [ WOCCU ], in collaboration with Visa, has completed one of the first known cross-border digital remittances between credit union…
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Financial
Uganda’s GDP per capita rises to US$ 1,420 as trade deficit widens, air quality worsens
KAMPALA, July 1, 2026 — Uganda’s economy registered a mixed performance in May 2026, with new government data showing improvements in income per person, investment, exports and business registrations, while the country…
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News
Ugandan manufacturers push for financing reforms as sector grapples with rising costs
KAMPALA, June 27, 2026 — Uganda’s manufacturing sector has called on government and financial institutions to reform existing financing models and provide funding solutions tailored to different production cycles and investment needs.…
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News
AFC arranges over EUR100mln financing to strengthen food security in Togo
LOME, June 24, 2026 — Africa Finance Corporation [AFC], the continent’s infrastructure solutions provider, has arranged a EUR 108.3 million sovereign-backed financing facility for Togolese government to support food security through modernisation…
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News
Trade and Financial Fragmentation Spreads Beyond Rivals as Costs Mount
KAMPALA June 5, 2026 – Geoeconomics fragmentation is imposing an annual cost of US$ 213–US$ 307 billion on the global economy, according to a new World Economic Forum report released on Thursday.…
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News
EBRD forecasts slower growth in Sub-Saharan Africa in 2026
KAMPALA, June 4, 2026 — Economic growth across the European Bank for Reconstruction and Development’s [ EBRD ] Sub-Saharan Africa [SSA] economies is forecast to slow to 4.7 per cent in 2026…
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News
New Finance Minister Unveils Ambitious Roadmap for Uganda’s Economic Growth
KAMPALA, June 2, 2026 — Uganda’s new Minister of Finance, Planning and Economic Development, Henry Musasizi, has outlined an ambitious economic agenda aimed at transforming the country into a US$ 500 billion…
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News
Afreximbank extends US$ 15mln loan to Ecobank Zimbabwe to support SME participation in export value chains
HARARE, May 21, 2026 — The African Export-Import Bank [Afreximbank] has extended a US$15 million SME finance facility to Ecobank Zimbabwe Limited under its Export SME Development Programme [ESDP]. Officials from both…
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Cooperatives & Communities
Interview: ICAO President Hodong KANG
BRUSSELS, May 13, 2026 — The International Cooperative Agricultural Organisation [ ICAO ] is a sectoral body of the International Cooperative Alliance [ICA], founded in 1951 to represent global agricultural cooperatives. Its…
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News
Public procurement is a strategic tool for delivering fast growth — PSST Ggoobi
KAMPALA, May 8, 2026 — The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, has said Uganda’s transformation agenda under the Fourth National Development Plan [NDP IV] and the Tenfold Growth…
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