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News
African economies urged to invest in research for industrial transformation
ALGIERS, September 9, 2025 — African economies have been challenged to boost their investment in research to power the continent’s industrial transformation by accelerating development of homegrown innovations that reinforce autonomy, sustainability,…
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Absa Bank launches regional SME forums to boost business growth
MBARARA CITY, September 7, 2025 – – Absa Bank Uganda has launched a series of regional forums aimed at empowering small and medium-sized enterprises [SMEs] with financial knowledge and skills for sustainable…
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Nigeria to host the Intra-African Trade Fair in 2027
ALGIERS, September 6, 2025 — After a rigorous bid and due diligence exercise, Nigeria has emerged as the successful host country of the fifth edition of the Intra-African Trade Fair [IATF], Africa’s…
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Uganda commits to implement IGC recommendations
KAMPALA, September 2, 2025 — The Government of Uganda has pledged to implement recommendations made by the International Growth Centre [IGC], as part of its efforts to manage the country’s rising debt…
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Uganda to mark World Accreditation Day 2025 with focus on empowering SMEs
KAMPALA, August 13, 2025 — Uganda will join over 100 countries in commemorating World Accreditation Day [WAD] 2025, with this year’s celebrations highlighting the vital role of accreditation in empowering small and…
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Uganda rallies global partners to transform agri-food systems through strategic investment, coordination and innovation
KAMPALA, June 26, 2025 –– The Government of Uganda has issued a national and international call to action to transform its agriculture sector, launching a bold agenda focused on strategic investment, innovation,…
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Uganda’s economy displays positive outlook amid growth, trade, and inflation trends
KAMPALA, June 17 2025 — Uganda’s economy continues to exhibit strong resilience and growth, according to the May 2025 Performance of the Economy Report, released by the Ministry of Finance, Planning, and…
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FDI Flows to Developing Economies Drop to Lowest Level Since 2005
WASHINGTON, June 17, 2025 — Flows of foreign direct investment [ FDI ] into developing economies—a key propellant of economic growth and higher living standards—have dwindled to the lowest level since 2005…
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Shs 72.3 trillion budget to drive full monetisation of Ugandan economy
KAMPALA, June 13, 2025 –– The Finance Ministry has unveiled a Shs 72.136 trillion national budget for the 2025/2026 financial year, setting its sights on transforming every corner of the country into…
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Low health financing in Uganda worries sector stakeholders
KAMPALA, May 12, 2025 – – Sector stakeholders at the recent Uganda National Dialogue on Health Financing have expressed deep concern over low investment in healthcare and called for increased accountability, domestic…
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