Development Financing: A critical pillar in achieving Uganda’s tenfold growth strategy

By Bob Twinomugisha Uganda’s budget for the 2026/27 financial year was presented at a pivotal moment in the country’s economic journey. The country is preparing for the start of commercial oil production, deepening its participation in the African Continental Free Trade Area (AfCFTA), and pursuing an ambitious target of expanding the economy from about US$50…

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Minister Mulondo wants stronger protection of Africa’s natural resources

Uganda has called on African countries to protect their natural resources, strengthen regional trade and intensify the fight against corruption as key steps towards achieving sustainable economic growth and industrial development across the continent. The call was made by the state minister for Finance (General Duties), Cissy Mulondo, during a high-level African Union ministerial meeting…

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Equity Group, AfricaNenda launch digital infrastructure drive for financial inclusion

Equity Group has partnered with AfricaNenda Foundation and the Gates Foundation to accelerate the development of Digital Public Infrastructure (DPI) across Africa in a move aimed at expanding financial inclusion, strengthening digital payment systems and supporting cross-border trade. The partnership was announced in Nairobi on July 7. The initiative will begin in Rwanda before expanding…

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