MTN MoMo championing digital agribusiness and health access
MTN Mobile Money Uganda Ltd extended its 2025 edition of the 21 Days of Y’ello Care campaign to Luwero District, marking the second major activation of this year’s employee volunteerism initiative. Following its initial launch in Kampala at the Kabalagala Youth Centre, the campaign now deepens its grassroots impact with
World Bank Lifts Loan Ban on Uganda After Two-Year Hiatus
The World Bank has officially lifted its two-year suspension on new loans to Uganda, a freeze initially imposed in response to the country’s enactment of the 2023 Anti-Homosexuality Act. The move marks a significant policy shift, balancing development priorities with human rights concerns. The 2023 legislation, which drew widespread condemnation
AFC Champions Shift of $4 Trillion in Domestic Savings into Africa’s Infrastructure Transformation
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today publishes the most comprehensive and up-to-date picture of Africa’s investable capital landscape—revealing over $4 trillion of domestic savings in banking assets, institutional funds and reserves. The research in the 2025 edition of the State of Africa’s Infrastructure (SAI) Report
PostBank Uganda rebrands to serve clients better
PostBank Uganda is set to rebrand as a Tier I commercial bank under the new name Pearl Bank Uganda Limited, pending final approval from the Bank of Uganda. The rebrand is part of the bank’s broader strategy to enhance service delivery and strengthen its position in Uganda’s competitive banking sector. The
Court Sentences Lubega to Six Months in Prison for impersonating Commissioner General URA
The Anti-Corruption Court has sentenced Lubega Mohammad to six months’ imprisonment at Luzira Prison after he was found guilty of impersonating the Commissioner General of the Uganda Revenue Authority (URA), John Musinguzi, and obtaining money by false pretenses from an unsuspecting victim, Kamugisha Joseph. It is alleged that on Sunday,
Baine appointed Executive Secretary of continental tax think tank
The African Tax Administration Forum (ATAF) has appointed Mary Baine as its new Executive Secretary, effective July 1, 2025. Baine succeeds Logan Wort, who has served as ATAF’s Executive Secretary since its establishment in 2009. Baine brings a wealth of leadership experience and a deep commitment to advancing fair, effective,
UN Women Launches National Coding Hub to Empower Uganda’s Girls in Tech
UN Women, in partnership with the Government of Uganda and the African Union Commission, has launched the third phase of the African Girls Can Code Initiative (AGCCI) at Wanyange Girls’ Secondary School in Jinja. The initiative aims to equip girls with essential digital skills, preparing them for careers in coding,
Bill Gates to Direct Majority of $200 Billion Pledge Toward Africa
In an address today in Nelson Mandela Hall at the African Union, Gates Foundation Chair Bill Gates urged African leaders to seize the moment to accelerate progress in health and development through innovation and partnership, despite current headwinds. He announced that the majority of his $200 billion spend over the
Africa-Paris Declaration: Financing Africa’s Energy Future
Following the Invest in African Energy Forum in Paris this month, the African Energy Chamber (AEC) reaffirms its position that Africa’s energy future must be defined by pragmatism, partnership and progress. With 600 million Africans lacking access to electricity and 900 million without clean cooking fuel, the development imperative is
NCBA Bank Uganda Named Platinum Sponsor for 2025 Auto Show Kampala
NCBA Bank Uganda has been announced as the platinum sponsor of the fourth edition of Auto Show Kampala, scheduled to take place on July 12 and 13 at the Kololo Independence Grounds. The announcement was made during a press conference held at NCBA’s head office, marking a major milestone in
