As the global FINCA network celebrates 40 years of tackling poverty through financial inclusion, FINCA Uganda has intensified its efforts to improve the lives of small entrepreneurs and cooperatives by offering a variety of support services that keep them on track towards self-reliance. FINCA Uganda’s microfinance services are complemented by financial education, technical assistance and
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Uganda’s digital payments landscape is undergoing a transformative shift, accelerated by the COVID-19 pandemic and evolving consumer preferences prioritizing convenience, speed, and security. While mobile money has seen widespread adoption, card payments have faced challenges, including merchant surcharges at point-of-sale terminals and limited awareness regarding the advantages of card transactions. The introduction of the “Sasuza
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Entrepreneurs hailing from Nigeria, Kenya and Egypt were in the top three following the final pitching session in the Grand Finale; Africa’s Business Heroes grant recipients contribute to the creation of over 123,000 direct and indirect jobs through their entrepreneurial endeavors.
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Streaming platforms are partnering with mobile operators to expand in new markets while helping users save on some of the world’s highest data costs.
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The new goal for African telcos is becoming technology platforms not just old goody mobile carriers with dynamic software solutions replacing traditional voice calls and SMS
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In 2012, Jumia, Africa’s first ecommerce giant, revolutionised shopping by offering the service online, alongside shipping. Since then, they have grown as a market leader over the African continent. They have also gone on to list their shares on the stock exchange, in 2019. The listing went well; their stock prices surged 75% on its first day of trading. This made the company a unicorn with an over $3 billion valuation. But four years after that IPO, everything has crashed. Its stock now trades at somewhere around $4, losing nearly 70% of its value since its listing date.
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In a historic moment for African football, FIFA President Gianni Infantino attended the African League Football (AFL) opening ceremony in Dar es Salaam, Tanzania. The AFL is poised to redefine club football on the continent, focusing on elevating the sport’s quality and boosting financial prosperity. This article explores the significance of the AFL and FIFA’s
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Microsoft’s partnership with M-PESA Africa aims to digitally upskill Micro, Small, and Medium Enterprises (MSMEs) across Africa, bridging the skills gap and fostering economic growth. Discover how this collaboration is set to transform the future of African small businesses.
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Microsoft’s partnership with Flutterwave aims to revolutionize payment solutions for African SMEs. Discover how this collaboration will drive economic growth and digital financial inclusion across the continent.
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Kenya, often referred to as the “Silicon Savannah” due to its growing influence in the world of information and communication technology (ICT), continues to strengthen its position as a global tech leader. Its forward-thinking policies, favorable investment climate, and a burgeoning population of tech-savvy youth have made it an attractive destination for some of the
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Equity Group has entered into an ambitious Customer Business Agreement with Mastercard based on a shared vision of empowering customers and businesses across the East African region. This strategic partnership aims to provide customers various benefits by offering different Mastercard payment solutions, including World and World Elite cards, corporate cards, and virtual cards. Moreover, it
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Women pursuing careers in Uganda’s growing digital economy are set to gain access to mentorship, networking, and career guidance through a new initiative aimed at strengthening their participation in the technology sector. The inaugural Women in Digital event, organised by Uganda Digital Society, will provide a platform for women to connect with industry peers, access
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A seven-member business group in Ayilo 1 Refugee Settlement has avoided a potential financial collapse thanks to timely intervention from FINCA Uganda’s Small Managed Group (SMG) Reserve Fund. The Anyawi Amami Business Group, made up of members from both the refugee and host communities in Pakele Subcounty, faced a repayment challenge after one member unexpectedly
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Peacekeepers from the Uganda Peoples’ Defence Forces (UPDF) serving under United Nations Guard Unit XI (UNGU XI) have been awarded United Nations medals in recognition of their distinguished service in Somalia. The medal ceremony, held at the UNGU premises in Mogadishu, brought together senior representatives from the United Nations, the African Union mission and the
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More than 15,000 fans turned up at Nyayo National Stadium over the weekend as Nairobi hosted the opening leg of the HSBC SVNS 2 series, drawing praise from continental rugby leaders and government officials. The two-day tournament, held from 14–15 February 2026, featured 12 men’s and women’s international teams battling for promotion back to the
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The African Energy Chamber (AEC) has endorsed the upcoming Africa CEO Forum in Kigali, describing the May 2026 event as a strategic platform for driving investment, partnerships and policy dialogue across the continent. The forum, scheduled for May 14–15 in Kigali, is expected to attract about 2,800 chief executives, heads of state, ministers and business
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Uganda and Tanzania have agreed to strengthen collaboration in key areas including energy development, trade facilitation, infrastructure and regional peace, following high-level talks between the two neighbours in Dar es Salaam. The commitments were announced during a joint press briefing by Uganda’s President Yoweri Kaguta Museveni and Tanzanian President Samia Suluhu Hassan after bilateral discussions
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Bank of Africa Uganda hosted an exclusive customer football watch party at Shisa Nyama Village to celebrate a successful year and honor participants of its month-long campaign, Bank with BOA, Score a Trip to Morocco. The event brought together customers, football enthusiasts, partners, and Bank of Africa representatives for an evening of excitement, appreciation, and
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Bank of Africa Uganda has unveiled its new Quick Fix loan, a salary-based facility that lets customers access up to five times their monthly salary at a competitive interest rate of 14.5 percent, because now, with BOA Quick Fix, you can do 5X Mo. This product gives Ugandans faster, more convenient access to funds, reinforcing
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In Northern Uganda, entrepreneurship is often a story of resilience and determination, rising above limited capital, fluctuating markets, and long distances from financial institutions. For many business owners, progress depends not only on hard work but also on finding a lender willing to walk the journey with them. Recent Customer Open Forum sessions across FINCA
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Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in Uganda, has officially launched its Black November 2025 campaign – a month-long shopping event offering up to 50% in all Carrefour supermarkets nationwide until 30th November 2025. Shoppers can enjoy unbeatable deals on a wide range of products, including electronics, home appliances, groceries,
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