The Commissioner General of Prisons, Can. Dr. Johnson Byabashaija, recently hosted a delegation from Stanbic Bank, a member of the Standard Bank Group led by Kevin Wingfield, Head of Personal and Private…
The alliance will harmonize trade practices and introduce a standardised framework that ensures secure, predictable, and efficient trade movement African Export-Import Bank (Afreximbank) and Zep-Re (PTA Reinsurance Company) today launched the Trans-Africa…
These accolades underscore AFC’s pivotal role in landmark transactions that drive sustainable development and economic growth across the region Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has been recognized…
Muganwa’s inclusion on the Board signals the bank’s intent to further integrate strategic deal-making and long-term investment thinking into its top-level decision-making an edge that could redefine how Stanbic delivers value to…
In a fresh twist of events, the Auditor General, Edward Akol, has revised the figure for the Umeme buyout from the earlier estimated Shs700.218 billion to Sh432.677 billion, a move that’s bound to…
Uganda’s coffee industry is experiencing a significant surge, with exports reaching unprecedented heights. According to a recent report from the Ministry of Agriculture, Animal Industry and Fisheries, coffee exports in February 2025…
“We will continue to support Lesotho very strongly through our new focus on infrastructure for industrial competitiveness” Akinwumi Adesina The African Development Bank Group plans to invest $331 million in key strategic…
A team of innovative Ugandan researchers, led by Fiona Magoba and Louis Muhindo, has developed a groundbreaking mobile application, PeDD, which empowers farmers to diagnose crop diseases instantly and receive expert recommendations…
The new Abusera International Airport will complement Ethiopia’s recently expanded Bole International Airport, which is expected to reach its annual 25 million passenger capacity limit soon The African Development Bank and Ethiopian…
This groundbreaking event marks the official commencement of construction for this historic project and is a significant step in Barbados and CARICOM’s journey towards economic advancement and regional integration African Export-Import Bank…
In a move to revolutionize mobile money payments, Network International, a leading enabler of digital commerce, has partnered with Dubai-based carrier Flydubai to introduce mobile money payments for customers in Kenya and…
The Minister for Energy and Mineral Resources Ruth Nankabirwa downplayed fears that the power supply in the country is set to be interrupted with the exit of Umeme, following the expiry of…
Nnenna Nwabufo, the Bank’s Vice-President for Regional Development, Integration, and Business Delivery, met with a delegation from the Council led by Deputy Executive Secretary Ali Idi at the Bank’s headquarters in Abidjan…
Uganda Development Bank Unveils Women Prosper Loans to Boost Financial Inclusion and Economic Growth
In a bid to promote financial inclusion and support the government’s objective of economic growth, the Uganda Development Bank (UBD) has launched the Women Prosper Loans. This innovative financial product is specifically…
The aim of the programme is to modernise a strategic section of Cameroon’s road network, which is essential for transporting people and goods between the north and south of the country The…