KAMPALA, June 28, 2026 — The Board of Directors of the African Development Fund [ADF] has approved a US$ 9 million [approximately Shs 33,3 billion] grant to deepen financial integration across East Africa and the Horn of Africa. The funding for the East Africa and Horn of Africa Capital Markets and Payment Systems Integration Project …
KAMPALA, June 26, 2026 — MTN Uganda has handed over Shs 54.27 billion to the Uganda Communications Commission [UCC] as its statutory contribution to the Universal Service and Access Fund, reaffirming its commitment to expanding digital connectivity and inclusion across the country. The contribution, made under the Uganda Communications Act, represents the telecommunications company’s mandatory …
KAMPALA, June 27, 2026 — Coffee supports livelihoods for millions of farming families in producing countries while generating jobs and economic activity across Europe, according to a new report published today by the European Coffee Federation [ECF] and prepared by Europe Economics. “Coffee is often viewed simply as an agricultural commodity or a daily consumer …
LIRA CITY, June 27, 2026 — Several leaders of a Parish Development Model [PDM] SACCO in Lira City have been arrested over allegations of fraud and extortion involving PDM funds, with authorities saying women beneficiaries were among those most affected. The suspects include Richard Oludi, Chairperson of Blue Corner PDM SACCO; Ruth Nankabirwa, the SACCO …
KAMPALA, June 27, 2026 — Uganda’s manufacturing sector has called on government and financial institutions to reform existing financing models and provide funding solutions tailored to different production cycles and investment needs. The local manufacturers argue that conventional lending structures remain prohibitively expensive, while weak supply chain linkages continue to constrain productivity and sector growth. …
KAMPALA, June 26, 2026 — Uganda’s Minister of Finance, Planning and Economic Development, Henry Musasizi, has met the World Bank Division Director for Kenya, Rwanda, Somalia and Uganda, Fan Qimiao, to discuss key development priorities, address implementation bottlenecks and strengthen cooperation between Uganda and the World Bank. “We deeply appreciate the World Bank’s continued partnership …
