economy

economy

Strait of Hormuz Disrupts Africa'S Economy

Strait of Hormuz Disrupts Africa’S Economy

Africa-Press - Uganda. The repercussions of disruptions in global supply chains and the closure of vital maritime corridors, alongside rising security and...
China-Africa Trade Hits Record High

China-Africa Trade Hits Record High

Africa-Press - Uganda. China announced that its trade with Africa reached a record level in the first half of 2026, attributing this...
ECOWAS Plans Single Currency by 2027

ECOWAS Plans Single Currency by 2027

Africa-Press - Uganda. The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching its unified currency "ECO" by...
Africa Owes IMF $38.6 Billion

Africa Owes IMF $38.6 Billion

Africa-Press - Uganda. The total debt of African countries to the International Monetary Fund amounts to $38.6 billion, representing 31.5% of total...
Refugee Women Entrepreneurs Seek Support and Market Access

Refugee Women Entrepreneurs Seek Support and Market Access

Africa-Press - Uganda. Refugee women entrepreneurs in Uganda under their umbrella body, the Association of Refugee Women in Uganda have called for...
Stanbic Bank Named Best Investment Bank in Uganda

Stanbic Bank Named Best Investment Bank in Uganda

Africa-Press - Uganda. Stanbic Bank Uganda has been named the best investment bank in Uganda at the Euromoney Awards for Excellence 2026,...
Motorcare Launches JMC Vehicles in Kampala

Motorcare Launches JMC Vehicles in Kampala

Africa-Press - Uganda. Motorcare Uganda Ltd has officially launched Jiangling Motors Corporation (JMC) vehicles in Uganda, marking the Chinese automaker’s entry into the country...
Shilling Depreciation against Dollar: Ugandans Respond

Shilling Depreciation against Dollar: Ugandans Respond

Africa-Press - Uganda. With the Uganda shilling losing ground year after year, more people are finding a smarter way to hold and send money If...
Mogo Boda Boda Leaders Discuss Financing and Safety

Mogo Boda Boda Leaders Discuss Financing and Safety

Africa-Press - Uganda. MOGO Uganda has initiated discussions with boda boda leaders on a possible nationwide partnership aimed at addressing challenges facing motorcycle riders,...
Uganda Secures Shs2.6 Trillion Isdb Financing for Railway

Uganda Secures Shs2.6 Trillion Isdb Financing for Railway

Africa-Press - Uganda. Uganda has secured a landmark financing package worth €650.75 million (approximately Shs2.6 trillion) from the Islamic Development Bank (IsDB) to support...