Africa stands at a turning point. Home to nearly a fifth of the world’s population but responsible for less than 3% of global trade, the continent continues to punch below …
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Banking & SavingsEconomicsFinanceLatest NewsNews
African Development Bank Approves Equity Investment in The Currency Exchange Fund to Support Access to Local Currency Financing across Africa
The Board of Directors of the African Development Bank Group has approved an equity investment of USD 25 million in The Currency Exchange Fund (TCX), a global leader in offering …
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AgricultureEconomicsIndustry & TradeLatest NewsNewsSpecial Reports
Grain under pressure: The Bunge-Viterra merger could cost farmers and consumers $2.5b a year
Researchers warn of critical losses for grain producers and price increases for consumers worldwide. According to the study “From Farm to Futures: Competition, Financialization, and Digitalization in Global Grain Value …
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EconomicsFinanceIndustry & TradeLatest NewsNews
Uganda Targets $500B Economy by 2040 as CMA Launches Five-Year Strategic Plan
Uganda has set its sights on an ambitious economic transformation, targeting a tenfold increase in the size of its economy from the current USD 50 billion to USD 500 billion …
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EconomicsFinanceIndustry & TradeLatest NewsNews
Uganda’s Economy Poised for Faster Growth as Government Eyes $500 Billion Target by 2040
Uganda’s economy is on a firm upward trajectory, supported by stable inflation, robust private sector activity, and a stronger shilling, according to the latest economic update by the Minister of …
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EconomicsFinanceIndustry & TradeLatest NewsNews
Company Secretaries, Administrators Advised On Career Growth
Government secretaries and administrators have been urged to place more emphasis on building their personal careers and professional identities rather than relying solely on the stipulations of the law. This …
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EconomicsFinanceIndustry & TradeLatest NewsNews
Government Targets Efficient Budget Planning to Drive Tenfold Economic Growth
The government has renewed its push to strengthen public finance management and improve budget efficiency as part of efforts to accelerate Uganda’s Tenfold Growth Strategy and drive economic transformation. Speaking …
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EconomicsFinanceIndustry & TradeLatest NewsNews
Government Sets Inclusive Path for FY2026/27 Budget to Drive Tenfold Economic Growth
The Ministry of Finance, Planning and Economic Development has met with Local Development Partners, members of the private sector, civil society representatives, and academia to consult on the Budget Strategy …
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EconomicsFinanceIndustry & TradeLatest NewsNews
Uganda Shilling Strengthens Amid Rising Foreign Exchange Inflows
Uganda’s financial markets remained upbeat in July 2025 as the Ugandan Shilling continued its steady appreciation against the US Dollar for the fourth consecutive month. According to the Performance of …
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EconomicsFinanceLatest NewsNews
Uganda’s Economy Gains Momentum in July 2025 as Exports Surge and Inflation Remains Stable
Uganda’s economy registered steady growth in July 2025, demonstrating resilience amid shifting global dynamics and regional trade challenges. According to the Ministry of Finance’s July economic performance report, the country’s …