KAMPALA, July 8, 2026 – Four Ugandan farmers have filed a case before the High Court in London seeking to stop the East African Crude Oil Pipeline [ EACOP ] from commencing operations by asking the court to apply Ugandan environmental and climate laws against the project’s UK-registered operating company. The 1,443-kilometre pipeline, which is …
KAMPALA, July 8, 2026 — Finance Minister Henry Musasizi has directed the Uganda Development Bank [UDB] to prioritise financing for the country’s key growth sectors, saying the institution’s interventions should support the country’s ambition of building a US$ 500 billion economy by 2040. Musasizi made the remarks yesterday during a meeting with the UDB Board …
BRUSSELS, July 8, 2026 — International Cooperative Alliance [ICA] has launched a global Impact Assessment Survey to gather feedback from cooperators worldwide on the legacy and achievements of the United Nations International Year of Cooperatives 2025 [IYC2025]. The survey aims to evaluate the impact of the year-long global campaign and help shape priorities for the …
NEW YORK, July 8, 2026 — Cooperatives can play a critical role in driving inclusive, locally led and sustainable development as the world accelerates efforts to achieve the Sustainable Development Goals [ SDGs ], global cooperative leaders and development experts have said. The call was made during a side event hosted by the International Cooperative …
KAMPALA, July 8, 2026 — Uganda’s strong macroeconomic fundamentals have enabled the economy to sustain robust growth, with Government now targeting an increase in domestic revenue collection from 14 per cent to 20 per cent of Gross Domestic Product [GDP] over the medium term, the Finance Minister, Henry Musasizi, has said. Speaking while officiating at …
KAMPALA, July 8, 2026 — Across Africa, micro-enterprises are the lifeblood of economic activity. They account for more than 70 percent of many national economies and generate between 60 and 80 percent of total employment. Globally, Micro, Small and Medium Enterprises [MSMEs] account for about 90 percent of all businesses and contribute more than half …
