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Finance

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Finance

Africa Turns to Domestic Capital as Financing Landscape Shifts, AFC Report Shows

Africa is entering a decisive shift in how it finances development, as domestic capital pools now surpass cumulative external flows,

By Highfly 3 Min Read

Pearl Bank Recognised by Bank of Uganda for Driving Agricultural Financing Growth

Bank of Uganda has recognised Pearl Bank for its outstanding partnership and responsiveness in implementing the Agricultural Credit Facility (ACF)

By Highfly 2 Min Read

Absa Uganda Posts UGX 222 Billion Profit, Citing Strong Deposits and Digital Growth

Uganda's banking sector witnessed another strong performance in 2025, with Absa Bank Uganda reporting a 25.1% surge in profit after

By Highfly 3 Min Read

AfDB, Italy Seal €140M Deal to Boost Investment in Africa’s Key Sectors

The African Development Bank Group and the Government of Italy have deepened their ties with a fresh co-financing deal aimed

By Highfly 3 Min Read

Afreximbank Backs Dangote’s $100 Billion Revenue Ambition

The African Export-Import Bank has pledged support to Dangote Group as the industrial giant targets annual revenues of US$100 billion

By Edwin Muhumuza 2 Min Read

Financial Firms to File Monthly Stamp Duty Returns, Retain Records for Five Years

The Ministry of Finance has proposed sweeping amendments to Uganda’s Stamp Duty Act, Cap.339, that will require financial services firms

By Edwin Muhumuza 2 Min Read

dfcu Bank Targets Kampala’s Booming Commercial Hubs with Strategic Ntinda Expansion

dfcu Bank has strengthened its urban expansion strategy with the commissioning of a new branch in Ntinda, signaling a calculated

By Highfly 3 Min Read

KCB Bank Uganda Boosts Local Contractor Competitiveness in Oil & Gas Sector

KCB Bank Uganda has reinforced its commitment to strengthening local enterprise in the country’s Oil & Gas industry as the

By Highfly 2 Min Read

Africa pushes for health financing independence as ministers rally for sovereign systems

African countries are increasingly rethinking how they finance healthcare, with a strong push toward domestic resource mobilization and country-led systems

By Edwin Muhumuza 5 Min Read
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