SMEs
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News
AfDB approves equity investment in Currency Exchange Fund to support access to local currency financing across Africa
ABIDJAN, September 20, 2025 — The Board of Directors of the African Development Bank Group [ AfDB ] has approved an equity investment of US$ 25 million in The Currency Exchange Fund…
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Climate change: Makerere researchers establish Living Labs in rural communities
KAMPALA, September 15, 2025 – Makerere University has stepped up its efforts to combat climate change by empowering rural communities to better understand and respond to the environmental challenges they face. As…
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Boosting economic growth: Centenary Bank pledges increased support for Ugandan SMEs
KAMPALA, September 10, 2025 — Centenary Bank Managing Director, Fabian Kasi, has reaffirmed the bank’s commitment to empowering Ugandan small and medium enterprises [SMEs], emphasising that they are central to the country’s…
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Uganda Development Finance Summit 2025 kicks off with insightful discussions on Africa’s economic future
KAMPALA, September 2, 2025 – The inaugural Uganda Development Finance Summit 2025 officially began, yesterday setting the stage for dynamic discussions, networking, and innovative solutions to Africa’s pressing economic challenges. Organised by…
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AFSA launches two landmark policy briefs ahead of Africa Food Systems Forum 2025
KAMPALA, August 28, 2025— The Kampala-based Alliance for Food Sovereignty in Africa [AFSA] has released a new policy brief calling on African leaders to urgently recognise and support Farmer Managed Seed Systems [FMSS] as…
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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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EABC and AfDB sign US$ 1mln grant agreement to drive sustainable industrialisation in East Africa
ARUSHA, July 7, 2025 –– The East African Business Council [ EABC ] and the African Development Bank [AfDB] have officially signed a landmark US$ 1 million grant agreement to drive sustainable…
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UDB reports net profit of Shs 57.8 billion as total assets grow by 7 percent in 2024
KAMPALA, June 20, 2025 –– Uganda Development Bank Ltd [ UDB ] has reported a net profit after tax of Shs 57.8 billion for the year ended December 31, 2024, representing a…
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Coops mentioned in EU-African Union Civil Society and Youth declaration
BRUSSELS, June 1, 2025 –– A Joint Declaration of Civil Society and Youth was presented during the third European Union – African Union Ministerial Meeting, including a mention of cooperatives. Adopted recently ,…
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Zimbabwe advised to benchmark coop and SME regulation with Kenya to enhance financial inclusion and SME formalisation
HARARE, May 28, 2025 –– Zimbabwe’s Cooperative and SME Regulatory Framework could benefit immensely from benchmarking with Kenya’s proven model, a move that would accelerate financial inclusion and the formalisation of Small…
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