Centenary Bank has made it to the highly coveted list of over 60 nominees for this year’s African Banker Awards. The African Banker magazine, (a continental business publication) has announced…
The coalition for a sustainable and inclusive recovery of the private sector an international group of 20 development finance institutions that came together in 2020, today announced commitments of over USD 5.55…
The head of the African Development Bank Group, Dr. Akinwumi A. Adesina, on Wednesday joined Tanzanian President Samia Suluhu Hassan to formally launch the construction of the landmark Dodoma City…
African Development Bank Group President Dr. Akinwumi A. Adesina began a three-day official visit to Tanzania on Monday. The visit signals strong ongoing support by the pan-African lender for transformative…
Umeme has commissioned another multibillion project in Luuka District in its quest to boost the Government’s ambitious access agenda and rural electrification. The US$ 4,205,623 (UGX15.2 billion) project, that involved…
The Government of Uganda has secured $100m (UGX360 billion) funding from the African Development Bank to switch-on some of the long-pending new electricity connection applicants under the Umeme footprint. Up…
As the team at Kampala Capital City Authority (KCCA) enters the final stage of evaluating contractors for upcoming road projects, some bidders, afraid of the process, have resorted to blackmail….
Equity Group Holdings (EGH) has signed a USD $100 million (UGX364 Billion) loan facility to support its expansion across Eastern and Central Africa, enhancing its ability to serve small and…
The African Development Bank has threatened to withdraw funding for the project aimed at building the capacity of Ugandans for opportunities in the oil and gas sector, should the government…
African Development Bank President Akinwumi A. Adesina has said that Africa remained fertile ground for investment, but much hinged on the continent’s ability to boost its healthcare sector. Adesina was…