Blog / News

10 June 2026
House approves €168.9mln irrigation loan amid sharp debate over phase I performance

KAMPALA, June 10, 2026 — The 12th Parliament of Uganda has today approved a government proposal to borrow up to €168.98 million [approximately Shs687.8 billion] from United Kingdom Export Finance [UKEF] and Citi Bank to finance Phase II of the Solar Powered Irrigation Systems Project, despite concerns from some legislators over the performance of the …

10 June 2026
Africa CDC Welcomes US$220mln Pandemic Fund Support for Bundibugyo Virus Outbreak Response

KAMPALA, June 10, 2026 — The Africa Centres for Disease Control and Prevention [Africa CDC] has welcomed a US$ 220.6 million emergency financing package from the Pandemic Fund to support efforts to contain the Bundibugyo Ebola outbreak and strengthen preparedness in countries at risk across Central and Eastern Africa. The funding will support implementation of …

10 June 2026
BoU unveils Shs 990bln T-Bond auction ahead of FY2026/2027 budget reading

KAMPALA, June 10, 2026 — The Bank of Uganda [BoU] has invited investors to participate in a Shs 990 billion Treasury Bond [T-Bond] auction this week as the government prepares to finance its record Shs 84.39 trillion budget for the financial year [FY] 2026/2027. According to an auction notice issued by the central bank, investors …

10 June 2026
ICA-Africa Elects Kenyan as New President

MAPUTO, June 10, 2026 — The International Co-operative Alliance Africa [ICA-Africa] has elected Kenyan Macloud Malonza as its new President during the 12th Technical Committee Meeting of the African Ministerial Co-operative Conference [TCAMCCO] currently underway in Maputo, Mozambique. Elected yesterday, Malonza succeeds the late High Chief Tajudeen Oriyomi Ayeola of Nigeria, who passed away on …

10 June 2026
Coffee, cocoa farmers in Luuka form cooperative to enhance bargaining power

LUUKA, June 10, 2026 — Coffee and cocoa farmers in Luuka district have formed a cooperative society aimed at pooling resources, strengthening their bargaining power, and improving access to markets, credit facilities and agricultural inputs. The Luuka Coffee and Cocoa Farmers’ Cooperative was launched over the weekend, bringing together at least 326 farmers from across …

10 June 2026
Uganda ranks #24 globally and #7 in Africa in 2026 latest Global Outsourcing Talent Index

KAMPALA, June 10, 2026 — Uganda is one of only seven African nations in the global top 25, a continental cluster that now accounts for 28 percent of the world’s most competitive outsourcing destinations. According to Ataraxis Global Outsourcing Talent Index 2026, Uganda places ahead of major economies including the United States [#86], the United …

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