Zimbabwe to distribute new currency

HARARE, Zimbabwe Zimbabwe’s central bank is due to begin circulating new banknotes on Monday, which it…

Uganda health insurance fraud: Hospitals named

KAMPALA, Uganda A number of hospitals and health centers could be stopped from serving clients who…

Rwanda police thwart 12 hackers’ attempt to raid bank

KIGALI, Rwanda A hacking group composed of nationals from three east African countries has been arrested…

Zimbabwe to roll out new bank notes

HARARE, Zimbabwe Zimbabwe will roll out new bank notes and coins four months after it reintroduced…

Weah accepts resignation of Liberia’s central bank governor

LIBERIA Liberia’s President George Weah has accepted the resignation of Central Bank Governor Nathaniel Patray despite…

African Development Bank Funds Angola Initiative to Improve Business Environment and Diversify Exports

LUANDA, Angola The Angolan Government has launched a study funded by the Bank through the KOAFEC…

African Development Bank and Three Regional Development Banks Launch Joint Report on Livable Cities

WASHINGTON D.C., United States of America, Rapid urbanization has provided most cities in the world with…

Bank of Uganda operating under minimum paid-up capital, AG cautions

KAMPALA, Uganda Bank of Uganda is undercapitalized to a tune of UGX671.712bn; a situation Auditor General,…

Kenyatta thanks AfDB for supporting Kenya’s development projects

NAIROBI, Kenya Uhuru Kenyatta has thanked the African Development Bank (AfDB) for supporting the country’s development…

Bank of Uganda shuffles staff at currency centers

KAMPALA, Uganda Bank of Uganda has transferred several staff at its currency centres across the country…

Young Africans will “produce the magic” says AU chief as the UN sounds warning on Sustainable Development Goals

NEW YORK, USA Leaders should devise an “incentive structure” to promote a startup culture among young…

President Museveni chairs UPDF Council meeting at Entebbe

Uganda,Entebbe Uganda’s Yoweri Museveni and Commander-in-Chief of the Uganda People’s Defence Forces (UPDF) today chaired a…

Peace is the key in Africa: Former IMF chief Lagarde

Africa Africa has made strides and in some areas is setting the example on development policy,…

Uganda: Afri-Exim Bank to open a regional branch in Uganda

KAMPALA, Uganda Uganda’s President Yoweri Museveni has today witnessed the signing of a Memorandum of Understanding…

African Development Bank launches US$ 2 billion 1.625% Global Benchmark due 16 September 2022

ABIDJAN, Ivory Coast The African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced…

Governor Bank of Uganda asks for more time to react to Shs20b demand by Cooperative Bank client

KAMPALA, Uganda A meeting of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE),…

African Development Bank, African Fertilizer and Agribusiness Partnership sign $5.4 million agreements to foster fertilizer market in Nigeria and Tanzania

ACCRA, Ghana, ACCRA, Ghana, The African Development Bank and the African Fertilizer and Agribusiness Partnership (AFAP) have…

Stanbic Bank predicts stable Economic growth in Uganda despite oil disruptions

KAMPALA, Uganda Stanbic Bank has said the likelihood of postponing the announcement of the Final Investment…

President Museveni begins 2-day Business visit to Tanzania

DAR-ES-SALAM, Tanzania Mr. Museveni was warmly received on arrival at Julius Nyerere International Airport where he…

Bank of Uganda Tightens Cash Room Access: staff Suspected of Sneaking Money in Sacks

KAMPALA, Uganda Bank of Uganda (BoU) has issued new tight guidelines to the staff at the…

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