IMF: How Nigeria Can Unleash its Economic Potential
Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support Nigeria’s progress, states IMF. Country needs stronger and more sustained growth to lift millions of people out of poverty and food insecurity. Over the past two years, Nigeria—Africa’s...
Trump hosts U.S.-Africa talks, focus on critical mineral deals
Donald Trump’s July 9-11 U.S.-Africa summit in Washington will bring together presidents from Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal. Agenda to focus heavily on U.S. economic interests in West Africa’s critical minerals sector and pressing regional security concerns. Meeting comes on the heels of a...
Kabila Returns: A Catalyst for Peace or Ghost of Congo’s Past?
For some, the reappearance of a once-powerful strongman Joseph Kabila raises concerns about instability; for others, it sparks speculation about whether he is staging a calculated return to power—or simply creating noise to protect old interests. This environment is fertile ground for political disruption—and Kabila,...
Joseph Kabila: A second chance at nation-building?
This year, Joseph Kabila’s political comeback gained traction amid mounting tensions with the President Félix Tshisekedi administration, which accused him of plotting insurrection and revoked his immunity from prosecution. His recent reemergence, particularly in M23-held Goma, has sparked a flurry of debate: is this the...
Women Fixing Uganda: How Patricia Ojangole Transformed UDB into a 10x Engine for Inclusive Growth
Under Dr. Patricia Ojangole’s transformative leadership since 2012, Uganda Development Bank has grown more than tenfold—expanding assets from UGX 173 billion to UGX 1.78 trillion, increasing lending by over 16x, and boosting profitability by nearly 28x. With most core indicators clustering around a 10x growth...
UGX 1 Trillion disbursed via PostBank’s Wendi in PDM rollout
KAMPALA, Uganda — Wendi, the innovative digital wallet developed by PostBank Uganda, has disbursed an unprecedented UGX 1 trillion (about $260 million USD) to beneficiaries of the Parish Development Model (PDM).
I&M Bank hosts blood donation drives at two branches with aim to boost national blood bank capacity
KAMPALA —I&M Bank Uganda conducted two blood donation drives, as part of its Corporate Social Responsibility, aimed at further boosting the national blood bank capacity.
UNBS new board charged with improving quality of locally manufactured goods
Kampala, Uganda – The Minister of Trade, Industry and Cooperatives, Francis Mwebesa, has inaugurated the 10th National Standards Council (NSC), the top governing body of the Uganda National Bureau of Standards (UNBS).
EU bets big on Africa’s critical raw materials to secure green future
In the six months to June 30, EU identified four major mining projects in Africa among its 13 globally strategic targets under the Critical Raw Materials Act. These projects spread across Malawi, South Africa, Madagascar and Zambia will receive direct EU financing and technical support....
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