Afreximbank and KCB Group will provide initial funding amounting to US$ 500 million and US$ 300 million, respectively towards the initiative KCB Group and pan-African multilateral development bank, African Export-Import Bank (Afreximbank) have entered a Memorandum of Understanding (MOU) aimed…
The NCA-COP, launched in 2020 and now comprising more than 500 members from 48 African countries The African Development Bank Group has officially announced that it will host the Secretariat of the Africa Natural Capital Accounting Community of Practice (Africa…
Africa’s transition states are the continent’s most vulnerable economies, facing a wide range of political, economic, security and environmental challenges, and striving for greater stability and resilience African economists and development leaders have called for sweeping governance reforms, stronger domestic…
The hub is structured to address the low investment in research and development (R&D) in Africa and the continent’s underperformance in research output The African Research and Innovation Hub (ARIH) that was recently launched by African Export-Import Bank (Afreximbank) is…
By combining Afreximbank’s financial expertise with strategic oversight of ISA, the partnership seeks to create a robust pipeline of bankable projects essential for closing South Africa’s infrastructure gap African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has marked a significant milestone in infrastructure…
The inaugural Uganda Development Finance Summit (UDFS25) opened this week at the Speke Convention Centre in Kampala with a mix of celebration, critique, and bold ambition. President Yoweri Museveni, in his trademark bluntness, praised the Uganda Development Bank (UDB) for…
As Uganda’s banking sector navigates a new era of regulatory reform and technological advancement, Centenary Bank, under the leadership of Fabian Kasi as Managing Director, is emerging not just as a compliant institution but as a central engine for the…
In an era of rapid technological change, Standard Chartered Uganda is demonstrating how a bank with over a century of history can not only remain relevant but also lead the digital revolution. The bank’s commitment to digitising its services is…
Pride Bank has launched a groundbreaking new product designed to empower millions of Ugandans who participate in collective savings groups, such as SACCOs (Savings and Credit Co-operatives), VSLAs (Village Savings and Loan Associations), and investment clubs. This initiative, launched today…
Stanbic Uganda has released its half-year financial results for 2025, revealing a robust performance that not only underscores its market leadership but also its direct role in driving Uganda’s economic growth and empowering key demographics. The bank’s strong commercial success…
Uganda’s financial sector, a cornerstone of its vibrant economy, is increasingly being shaped and driven by a formidable cohort of women leaders. In a traditionally male-dominated industry, these powerful ladies are not just breaking glass ceilings but actively spearheading innovation,…
In a significant display of collaboration at the apex of Uganda’s financial sector, on Thursday, July 31, 2025, Mr. Mumba Kenneth Kalifungwa, the new Chief Executive of Stanbic Bank Uganda, paid a courtesy visit to the Governor of the Bank…
In a move signalling a strong commitment to its most valuable asset, its people, dfcu Bank has announced the strategic appointment of Marsha Nyonyozi Walusimbi as its new Chief of People and Culture Transformation. This key leadership role underscores dfcu…
Stanbic Bank Uganda, under the leadership of Kenneth Mumba Kalifungwa as the Chief Executive Officer, has solidified its position as a superpower in the country’s booming financial sector, being crowned Uganda’s Best Bank and Best Investment Bank for 2025 at…
In a strategic move poised to significantly sharpen its competitive edge and expand market footprint within Uganda’s banking sector, Bank of Baroda Uganda has announced the appointment of Mr. Deepak Kumar Mishra as its new Executive Director to the Board,…