Pride Microfinance Held Liable in Shs 15m Agricultural Loan Dispute
When torrential rains devastated Joseryn Kyosimire’s banana plantation in Rushenyi, Ntungamo District, in 2019, the destruction was swift and unforgiving. Months of labour were wiped out in hours. But Kyosimire believed she had a safety net. She had secured a Shs 15 million agricultural loan from Pride Microfinance, and 1.75 percent
Uganda Launches ABQ Cloud in Bold Push for Digital Sovereignty
Uganda has marked a defining milestone in its digital transformation journey with the official launch of ABQ Cloud, a sovereign cloud ecosystem designed to secure national data, empower local innovators and strengthen the country’s digital economy. The unveiling took place at the Deep Tech Hub inside the Raxio Data Centre
MTN Takes Digital Skills to the Streets, Targets 2,000 Ugandans
In a renewed push to bridge Uganda’s digital divide, MTN Uganda is taking its mobile classroom back on the road, with plans to equip 2,000 Ugandans with practical digital skills in the 2025/26 programme cycle. Through its philanthropic arm, the MTN Foundation, in partnership with Maendeleo Foundation, the telecom giant
AFD–UDB Partnership Unlocks €40 Million for Uganda’s Economic Growth
Uganda’s development ambitions have received a significant strategic boost following the signing of a €40 million financing agreement between the Agence Française de Développement (AFD) and the Uganda Development Bank (UDB). More than a funding arrangement, the partnership signals deepening confidence in UDB’s expanding role as a catalyst for inclusive
UDB Names Peter Mukuru Director of Business Technology
Peter Mukuru has joined Uganda Development Bank (UDB) as Director, Business Technology, strengthening the institution’s digital transformation and innovation agenda. UDB is Uganda’s national Development Finance Institution (DFI), mandated to drive socio-economic development through sustainable financing and strategic investments. Mukuru is a seasoned business technology practitioner and digital transformation leader
Paratus Switches On Congo–Mombasa Fibre Highway, Transforming Regional Connectivity
A new digital lifeline is now live across Central and East Africa. Pan-African telecom giant Paratus Group has switched on a 2,000-kilometre overland fibre corridor linking Goma in the Democratic Republic of Congo to the Kenyan port city of Mombasa, a move experts say could transform the region’s digital landscape.
Rwabwogo: Zero-Tariff Access to China Must Become Uganda’s Industrial Classroom
The chairman of the Presidential Advisory Committee on Exports and Industrial Development (PACEID), Odrek Rwabwogo, has described China’s decision to grant zero-tariff access to 53 African countries as a major opening — but warned that Uganda must treat it as more than a trading opportunity. Instead, he argues, it should
Uganda Weighs Second SGR Route to Unlock Dar es Salaam Export Access
Uganda is exploring plans to establish a second Standard Gauge Railway (SGR) connection to Tanzania, a strategic move aimed at opening a direct export corridor to the Port of Dar es Salaam and cutting transportation costs and transit time for its mineral exports. Reports by Sputnik Africa, referencing British media
dfcu Expands Footprint to Namanve, Backing Uganda’s Manufacturing Ambitions
dfcu Bank has today officially opened its Namanve branch, planting its flag firmly in the heart of one of Uganda’s fastest-growing industrial hubs. Set within the bustling Namanve Industrial Park, the event signaled strong confidence in Uganda’s growing industrial and manufacturing future. The branch becomes dfcu’s 55th nationwide presence and the second
Stanbic, Buganda Kingdom Launch Ssemaduuka to Expand Credit Access for Farmer-owned SACCOs
For more than a decade now, Frank Nyanzi, a 57-year-old coffee farmer from Madudu Sub-county in Mubende District, has battled with declining yields; something he largely attributes to climate change. Prolonged dry spells, rising temperatures, and persistent pest and disease outbreaks, particularly the coffee wilt disease and coffee berry borer
