The financing will provide urgent assistance to communities severely affected by floods and landslides in the Bulambuli, Kasese and Ntoroko districts, including the provision of family-size tents The Board of Directors of the African Development Bank Group has approved a…
Let’s be honest, the conversation around cryptocurrency in Uganda has often felt like watching a high-stakes thriller. We see the glittering promise, a future of instant cross-border payments, financial inclusion for the unbanked, and a ticket to the global digital…
After eight years of transformative leadership, Daniel Ogong, the Head of Marketing and Communication at Stanbic Bank Uganda, is stepping down from his role. His departure, effective October 1, 2025, marks the end of an era that saw Stanbic’s brand…
This strategic investment will strengthen TCX’s capital base, enhance its risk-bearing capacity, and expand its ability to offer hedging instruments in illiquid and less liquid currencies across the African continent The Board of Directors of the African Development Bank Group…
ACF2025 builds on Afreximbank’s leadership in trade-related compliance and its investment in AI-powered platforms that streamline client onboarding, enable real-time risk monitoring, and ensure secure transaction processing Artificial Intelligence (AI) is reshaping trade in Africa – curbing illicit financial flows,…
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…