Tag Archives: Cross-border

Kampala, Uganda | Agencies | Africa’s multi-lateral lender, African Development Bank (AfDB) has approved an additional €217.37 million ($250.78 million) in financing to the Ugandan government for the completion of the Busega–Mpigi and Kagitumba–Kayonza–Rusumo Roads Project, a critical transport corridor linking Uganda and Rwanda. The new funding is expected to ease …

What you need to know INTERVIEW | CHRISTOPHER ADAM | The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has given birth to the Pan-African Payment and Settlement …

Lamwo, Uganda | THE INDEPENDENT | Security officials in South Sudan and Uganda have pledged to ensure safe and secure entry and exit for refugees from South Sudan. The goal is to address and mitigate human rights abuses, conflicts, and challenges with essential social services along the border, which greatly affect refugees …

Kampala, Uganda | THE INDEPENDENT | The Ugandan and Kenyan government with the mediation on of the United Nation-UN have agreed on joint collaboration to promote peace at the different border points especially in places with normads and pastoralists. The agreement comes following week long discussions between different stakeholders including …

By Julius Businge Bank of Uganda has officially announced the commencement of the East African Cross Border Payment System (EAPS) that links the real time gross settlement systems (RTGS) of the EAC member countries. Joyce Okello, the director payments and settlement at the Bank said the platform went live on …