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Africa Business News

Uganda Tender and Business News

Standard Chartered Bank and CDC Group Sign MOU to Increase Africa and ASIA SME Financing

Standard Chartered Bank of the United Kingdom has signed a memorandum of understanding with CDC Group, the UK's development finance institution, for a supply chain finance program which will increase financing for SME suppliers in Africa and South Asia. The first countries to benefit from this scheme are expected to be Nigeria, Uganda, Ghana and Kenya.

Uganda To Build $4B Refinery with Funding from U.S. and Italy

A new U.S. $4 billion refinery will soon begin construction in Uganda's Holma district. It was made possible by an financing agreement from a consortium of Italian and American firms to finance the operation. The African Legal Support Facility (ALSF) helped Uganda guide the transaction.

Non-Profit Technoserve Launches New Coffee Projects in Four Countries

Technoserve, a non-profit dedicated to leveraging the power of the private sector to help lift people out of poverty, just announced it is launching four new initiatives to boost the livelihoods of smallholder coffee farmers in the Democratic Republic of the Congo, Uganda, Peru, and Honduras.

Malawi Becomes Member of the African Finance Corporation

The African Finance Corporation, a Nigeria-based multilateral institution focusing on African infrastructure investments, just announced that the Republic of Malawi has joined AFC as only the second Southern African member country.

UK's DFID Partners With UNDCF To Advance Energy Access in Uganda

UK’s Department for International Development (DFID) partnered with the United Nations Capital Development Fund (UNCDF) in Uganda with the goal of supporting universal energy access in Uganda by providing assistance to the Uganda Solar Energy Association.

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