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$1.7-billion Suiso Project, a transformative coal-to-fertiliser facility to be developed in Kriel, Mpumalanga Province, in South Africa. As financial advisor, ACMA’s role will involve leveraging its
International tourist arrivals grew 5% in 2025
According to the May 2025 World Tourism Barometer from UN Tourism, over 300 million tourists travelled internationally in the first three months of 2025, about 14 million more than in the same months of 2024. That represents a 5% rise on last year and is 3% more than in pre-pandemic year 2019.
UNOC to Showcase Uganda’s Oil Investment Prospects at African Energy Week
African Energy Week (AEW) 2025: Invest in African Energies has confirmed Proscovia Nabbanja, CEO of the Uganda National Oil Company (UNOC), as a distinguished speaker at this year’s edition of the continent’s premier energy investment event. Nabbanja stands at the helm of Uganda’s oil and gas transformation, leading strategic efforts
MTN Reaffirms Commitment to Uganda’s Digital Transformation at High-Level Government Round Table
MTN Uganda, in partnership with the Ministry of ICT and National Guidance, convened a High-Level Government Round Table on Thursday at Sheraton Kampala Hotel, reinforcing its role as a strategic partner in Uganda’s digital transformation journey. The one-day engagement brought together senior government officials, policymakers, ICT leaders, and the MTN
Standard Chartered Hosts Investment Dialogue Highlighting Cross-Border Trade as Catalyst for Uganda’s Tenfold Growth Strategy
Standard Chartered Bank yesterday hosted a high-level Uganda Investment Dialogue in Kampala centred on cross-border trade as a key driver of the country’s ambitious tenfold growth strategy, which aims to increase Uganda’s gross domestic product [GDP] from US$ 50 billion to US$ 500 billion by 2040. Held under the theme “Cross-Border
Four Flying Squad Officers Remanded Over Shs 380m Gold Robbery
On Friday, the Nakawa Chief Magistrate’s Court remanded four police officers attached to the Flying Squad Unit at Kireka Police Barracks for allegedly robbing businessman John Vian Tumukunde of one kilogram of gold valued at over Shs 380 million, along with $1,000 in cash. The suspects include; Detective Superintendent James Besigye
Joy, Laughter as Coca-Cola Engages Commuters with Personalized Bottle Drive
In a heartening display of connection and celebration, Coca-Cola has reimagined its iconic Share a Coke campaign for a new generation bringing joy, surprise, and refreshment to the streets of Kampala and beyond. The global beverage giant is now spreading happiness one bottle at a time, giving out free Coca-Cola sodas in
Uganda Baati Ignites Industrial Transformation with Trailblazing Building Innovations
Uganda’s march toward becoming a tenfold economy just gained serious momentum, thanks to Uganda Baati Limited’s groundbreaking innovations in building systems. At the high-profile Africa Business and Investment Forum—hosted at the trailblazing Inspire Africa Coffee Park in Ntungamo—the steel manufacturing giant showcased how its cutting-edge solutions are reshaping the face
