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ATIDI approves USD84 million counter-guarantee to support financing of Rwanda’s new international airport – UG Standard

Business Mweru -
KIGALI – ATIDI has approved a USD84 million counter-guarantee to support three local Rwandan banks and one regional bank in issuing bonds and guarantees totaling...

Ugandan Diaspora Sends UGX 5.1 Trillion Home, Driving Growth

Business Mweru -
KAMPALA, Uganda — Diaspora remittances to Uganda reached $1.42 billion (5.1 trillion Ugandan shillings) in 2024, more than doubling over the last decade, according...

Hassan Saleh, Gloria Byamugisha Join Absa Bank Uganda Board

Business Mweru -
KAMPALA, Uganda — Absa Bank Uganda announced the appointment of Hassan Saleh and Gloria Byamugisha as new non-executive directors to its board. Saleh is a...

Old Mutual Uganda sees significant surge in investors

Business Mweru -
KAMPALA, UGANDA —Old Mutual Investment Group (OMIG) Uganda has reported a substantial 67% increase in the number of its unit holders, reaching over 50,000,...

African Talent Company, Mastercard Foundation Boost East African Youth Employment

Business Mweru -
ABUJA, Nigeria— The African Talent Company (TATC), in partnership with the Mastercard Foundation, is expanding its youth employability efforts from Nigeria into East Africa,...
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