Business

The facility could serve as a model for other similar transactions on the continent Nairobi, Kenya | JOHN BASQUILL | Standard Chartered has agreed a US$100mn facility with British International Investment (BII) to extend trade finance across key sectors of the East African economy, with a focus on economic empowerment for women. …

  Abidjan, Ivory Coast | THE INDEPENDENT |  As the United States imposes higher tariffs with global ramifications, African Development Bank Group (AFDB) President Dr. Akinwumi Adesina has warned that these measures could trigger significant economic disruptions across Africa, affecting numerous nations and accelerating a strategic shift in global partnerships. …

  Kampala, Uganda | THE INDEPENDENT |  Roke Telekom, Uganda’s leading homegrown internet service provider, has announced a partnership with BLACK, a bold consumer tech and lifestyle brand, to deliver an enhanced digital experience to their customers. This partnership brings together two fast-rising Ugandan brands to serve the needs of today’s …

  Kampala, Uganda | THE INDEPENDENT | PostBank Uganda has appointed Martin Mugisha as Executive Director of Operations. Mugisha, who has until recently been the chief credit officer at PostBank Uganda, takes to the board over two decades of banking experience, having worked with both local and regional banks in …

Kampala, Uganda | THE INDEPENDENT | On May 22, MTN Uganda convened a high-level round table in Kampala, partnering with the Ministry of ICT and National Guidance to sharpen the country’s digital ambitions. The event brought together senior government officials, ICT policymakers, and MTN executives to map out practical steps for …

Africa’s banking sector is integrating green finance from within, using existing institutions to bypass the cost and complexity of standalone green banks. The result is a strategic, locally grounded model tackling the continent’s climate finance shortfall. SPECIAL REPORT | BIRD AGENCY | African banks are increasingly integrating green finance instruments …

Delegates acknowledged the region’s challenges — including limited public awareness, economic instability, and political unrest Kampala, Uganda |  THE INDEPENDENT | Uganda’s Insurance Regulatory Authority (IRA) hosted a week-long meeting of the East African Insurance Supervisors’ Association (EAISA), drawing senior insurance regulators from across the East African Community (EAC). The event, …

KAMPALA, UGANDA | THE INDEPENDENT | At least 1.7 million coffee farmers have so far been registered in the National data warehouse, as the country approaches the December 31st deadline to comply with the European Union’s deforestation-free commodities regulations. In October, the Ministry of Agriculture, Animal Industry and Fisheries, and …

KAMPALA, UGANDA | THE INDEPENDENT | Bank of Africa-Uganda (BOAUG) has unveiled its new digital campaign, “Appsolutely Eassy,” aimed at transforming how Ugandans access financial services. Launched on May 22 at its headquarters in Kampala, the campaign introduces a seamless, fully remote account opening process through the BOA Wallet App, …

NTUNGAMO, UGANDA | THE INDEPENDENT | At the just-concluded Africa Business and Investment Forum, held at the Inspire Africa Coffee Park in Ntungamo, Uganda Baati Limited showcased its commitment to fast-tracking Uganda’s industrialization through the deployment of its transformative Building Systems solutions: SAFBUILD, SAFCOOL, and SAFSOLAR. As Uganda navigates its …