Bank of Africa Gains $171.2 Million Boost from IFC to Support SME Lending

Several financial institutions are actively pursuing additional funds to bolster their cash reserves and expand lending services in response to…

Makerere University Teams Up for Climate-Resilient Tea Production

Makerere University has initiated a partnership with tea researchers from the National Agriculture Research Organization (NARO) to enhance the training…

Exchange Rates on January 17, 2024: Uganda Shilling Across Global Currencies

Here is a breakdown of the exchange rates in our daily update on Wednesday, January 17, 2024. Table: Exchange Rates…

Museveni Demands Transparency on Alleged Misuse of sh37b Coffee Funds

President Yoweri Museveni has called upon Nelson Tugume, Chairperson of Coffee Investment Consortium Uganda (CICU), to provide an account for…

Arua City’s Dark Streets Transformed with Solar Streetlights

The once-dark streets of Avenue and Pajulu roads in Arua City have undergone a transformation with the recent installation of…

Museveni Invites Investors to Explore Uganda’s Investment Opportunities

President Yoweri Museveni has invited investors to consider Uganda as the ultimate investment destination, emphasizing the country's resource richness, significant…