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
CNOOC Awards 300 Outstanding Students in Hoima and Kikuube Districts
CNOOC Uganda Limited has honored 300 top-performing students from Hoima City, Hoima District, and Kikuube District during the 2025 Best Performers Awards at the Hoima District Headquarters. This annual initiative, organized in collaboration with local District Education Offices, aims to promote academic excellence and support education in the Bunyoro Sub-region.
“Rockboom Has Made My Dream of Owning a Car a Reality-Nabukwasi
Joy and excitement filled the air on Thursday as Nabukwasi Margret, a hardworking restaurant owner, was officially handed the keys to a brand-new Toyota Noah—her grand prize from the ongoing Boom Kyakala promotion by Rockboom. The Rockboom team arrived to a jubilant welcome, with cheers and ululations echoing from the
Prudent Kyoto Returns for a Special Edition Featuring Real Client Stories to Inspire Long- term Financial Planning.
Prudential Uganda has hosted a landmark edition of its flagship financial literacy initiative, the Prudent Kyoto Masterclass Series. Prudent Kyotos” series is a financial literacy initiative aimed at equipping Ugandans with essential knowledge and tools for financial security. This event draws inspiration from the traditional African fireplace, the “Kyoto,” symbolizing
UDB’s Ojangole named Africa Banker of the Year
Dr. Patricia Ojangole, Managing Director of Uganda Development Bank (UDB)has been named Banker of the Year at the prestigious African Banker Awards. Dr. Ojangole was announced at the 19th African Banker Awards ceremony, held Wednesday at Sofitel Hotel in Abidjan, Côte d’Ivoire, during the African Development Bank Annual Meetings. The
Ecobank named Best Bank in Africa 2025 in Global Finance Awards
Ecobank, the leading private pan-African financial services Group which has unrivalled African expertise, is delighted to have been named Best Bank in Africa 2025 in Global Finance’s World’s Best Banks 2025 Awards. The Awards also selected Ecobank Gambia and Ecobank Togo as the Best Banks 2025 in their respective countries.
UDB’s Dr. Ojangole Appointed Chair of Africa’s Development Finance Body
Dr. Patricia Ojangole, Managing Director of Uganda Development Bank (UDB), has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI)—the umbrella body for development finance institutions across the continent. Her appointment was officially announced during the 51st Ordinary General Assembly of AADFI, held on May 26, 2025,
Afreximbank wins mandate as sole financial advisor for South Africa’s $1.7-billion Suiso Project
African Export-Import Bank’s (Afreximbank) Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial advisor to raise capital for the US$1.7-billion Suiso Project, a transformative coal-to-fertiliser facility to be developed in Kriel, Mpumalanga Province, in South Africa. As financial advisor, ACMA’s role will involve leveraging its
