The cuts are brutal. But with a $1 billion funding gap in 2026, there remain uncertainties ahead Geneva, Switzerland | THE INDEPENDENT & AGENCIES | The World Health Organization will lose a significant number of its global staff by June 2026, after months of a painful reorganization process in response to significant donor …
Read More »When procurement gets sick: the hidden disease draining organisations
COMMENT | DR JEANPO OLOWO | In every organisation, procurement is the lifeblood that keeps operations flowing. It’s normally 80 per cent of the total financial budget. It determines whether projects succeed, supplies arrive on time, and resources are used efficiently. Yet beneath the surface of many institutions—public and private alike—lurks …
Read More »Inside Africa’s bid to finance its own infrastructure
Luanda Summit signals a historic shift toward continental self-reliance in development funding NEWS ANALYSIS | RONALD MUSOKE | In Luanda, the Angolan capital, where the Atlantic Ocean breeze carries both the promise of prosperity and the weight of unmet potential, African leaders gathered there recently for a defining conversation about the …
Read More »UGEFA partners with Housing Finance Bank to accelerate green business growth
Kampala, Uganda | THE INDEPENDENT | The Uganda Green Enterprise Finance Accelerator (UGEFA) has announced a landmark partnership with Housing Finance Bank aimed at expanding access to finance and business support for environmentally sustainable enterprises across the country. This collaboration marks a significant milestone in efforts to foster …
Read More »Unlocking Africa’s economic potential through development finance
Harnessing institutions to build confidence, capital, and inclusive growth Kampala, Uganda | Julius Businge | Africa stands at a historic crossroads. For decades, the continent’s growth narrative has been tied to foreign aid and volatile international capital flows, leaving many of its economies vulnerable to global shocks and unsustainable debt cycles. …
Read More »Africa calls for reframing global climate action with science, finance
ADDIS ABABA, ETHIOPIA | Xinhua | African Group of Negotiators (AGN) and the Pan African Climate Justice Alliance (PACJA) have called for a reframing of global climate action to be science-driven and responsive to Africa’s growing vulnerability to climate change. Speaking at the 13th Conference on Climate Change and Development …
Read More »Equity Bank to showcase at UNAA 2025 in New Orleans
Explore Digital Banking, Cross-Boarder Transfers and Investment at the Equity Bank Booth New Orleans, US | THE INDEPENDENT | Equity Bank is set to showcase tailored financial solutions for Ugandans in the diaspora at this week’s Uganda North America Association Convention in New Orleans. The Bank, which is one of the convention …
Read More »Uganda to Host Inaugural Development Finance Summit
Kampala, Uganda | THE INDEPENDENT | Uganda is set to host the inaugural Uganda Development Finance Summit from September 1-2, 2025, at the Speke Resort Convention Centre in Kampala. Convened by the Uganda Development Bank (UDB), the country’s national Development Finance Institution, the summit will gather over 400 high-level delegates from …
Read More »Uganda to host inaugural development finance summit in September 2025
Kampala, Uganda | Julius Businge | Uganda is set to host the first-ever Uganda Development Finance Summit from September 1 to 2, 2025, at the Speke Resort Convention Centre in Kampala. Organized by the Uganda Development Bank (UDB), the high-level summit will take place under the theme “Transforming Africa through National …
Read More »Ggoobi says budget success will depend on discipline and consensus
Secretary to Treasury Ggoobi tips on building USD 500b economy Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be …
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