LONDON, June 5, 2026 — Africa Finance Corporation [AFC] the continent’s leading infrastructure solutions provider, has successfully raised a record US $2 billion syndicated loan, underscoring strong global investor support for AFC’s rapid buildout of integrated infrastructure and industrial platforms shaping Africa’s next phase of economic growth. The transaction was initially launched at US$ 1.6bln …
KAMPALA June 5, 2026 – Geoeconomics fragmentation is imposing an annual cost of US$ 213–US$ 307 billion on the global economy, according to a new World Economic Forum report released on Thursday. Driven by geopolitical tensions, economic security concerns and shifting trade relationships across major economies, fragmentation accelerated through 2025 and 2026 and is increasingly …
BRUSSELS, June 5, 2026 — Cooperatives can play a critical role in promoting peace, justice and strong institutions at a time when global conflicts are increasing in scale and severity, according to a new policy brief released by the International Cooperative Alliance [ICA] and the Committee for the Promotion and Advancement of Cooperatives [COPAC]. The …
KAMPALA, June 5, 2026 — The government is set to launch a renewable biogas pilot project in government-aided schools as part of efforts to reduce greenhouse gas emissions and mitigate the effects of climate change. The pilot project, funded by the German government at a cost of Shs5 billion, will initially be implemented in schools …
ABIDJAN, June 5, 2026 — The Board of Directors of the African Development Bank Group [AfDB] has approved, on May 22, a US$125 million equity investment in the African Trade and Investment Development Insurance [ATIDI] to help meet rising demand for trade and investment risk mitigation products in Africa. This investment is intended to strengthen …
KAMPALA, June 4, 2026 — President Yoweri Museveni on Thursday reaffirmed his “no more sleep” campaign message as he delivered the 2026 State of the Nation Address [SONA], calling on Ugandans, public officials and political leaders to embrace hard work, fight corruption and embark on wealth creation in the communities. Addressing Parliament at Kololo Ceremonial …
