Kampala, Uganda | THE INDEPENDENT | The Uganda Green Enterprise Finance Accelerator (UGEFA) has announced a landmark partnership with Housing Finance Bank aimed at expanding access to finance and business support for environmentally sustainable enterprises across the country. This collaboration marks a significant milestone in efforts to foster …
Read More »Unlocking Africa’s economic potential through development finance
Harnessing institutions to build confidence, capital, and inclusive growth Kampala, Uganda | Julius Businge | Africa stands at a historic crossroads. For decades, the continent’s growth narrative has been tied to foreign aid and volatile international capital flows, leaving many of its economies vulnerable to global shocks and unsustainable debt cycles. …
Read More »Africa calls for reframing global climate action with science, finance
ADDIS ABABA, ETHIOPIA | Xinhua | African Group of Negotiators (AGN) and the Pan African Climate Justice Alliance (PACJA) have called for a reframing of global climate action to be science-driven and responsive to Africa’s growing vulnerability to climate change. Speaking at the 13th Conference on Climate Change and Development …
Read More »Equity Bank to showcase at UNAA 2025 in New Orleans
Explore Digital Banking, Cross-Boarder Transfers and Investment at the Equity Bank Booth New Orleans, US | THE INDEPENDENT | Equity Bank is set to showcase tailored financial solutions for Ugandans in the diaspora at this week’s Uganda North America Association Convention in New Orleans. The Bank, which is one of the convention …
Read More »Uganda to Host Inaugural Development Finance Summit
Kampala, Uganda | THE INDEPENDENT | Uganda is set to host the inaugural Uganda Development Finance Summit from September 1-2, 2025, at the Speke Resort Convention Centre in Kampala. Convened by the Uganda Development Bank (UDB), the country’s national Development Finance Institution, the summit will gather over 400 high-level delegates from …
Read More »Uganda to host inaugural development finance summit in September 2025
Kampala, Uganda | Julius Businge | Uganda is set to host the first-ever Uganda Development Finance Summit from September 1 to 2, 2025, at the Speke Resort Convention Centre in Kampala. Organized by the Uganda Development Bank (UDB), the high-level summit will take place under the theme “Transforming Africa through National …
Read More »Ggoobi says budget success will depend on discipline and consensus
Secretary to Treasury Ggoobi tips on building USD 500b economy Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be …
Read More »PDM SACCOS to get sh3.3 trillion before June 30th
Kampala, Uganda | THE INDEPENDENT | Over ten thousand Parish Development Model ((PDM) SACCOS will be capitalized with funds totaling Sh3.2 trillion by the end of the financial year 2024/2025 next month. State Minister for Finance, Henry Musasizi says the money will be sent directly to the beneficiaries’ bank and …
Read More »Cardinals discuss economic situation of the Holy See at General Congregation
Vatican, Rome | VATICAN NEWS | The Director of the Holy See Press Office, Matteo Bruni, told reporters on Wednesday that 180 Cardinals attended the seventh General Congregation, of whom 124 were Cardinal electors. In the first part of the meeting, the Cardinals discussed the economic and financial situation of …
Read More »Government tables Shs40.7 Trillion budget for FY 2025/26
Kampala, Uganda | THE INDEPENDENT | Government has presented a Shs40.7 trillion budget for the 2025/26 financial year, outlining significant investments across key sectors to drive economic growth and development. This is contained in the Appropriation Bill, 2025 tabled for its first reading by the Minister of State for Finance …
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