IFAD, Equity Group Kick Off $200m Mechanism To Make Climate Adaptation Finance Reach East Africa’s Farmers

Access to climate adaptation finance remains a significant challenge for smallholder farmers and rural businesses across Africa, with available capital often failing to reach those who need it most. To help bridge this financing and delivery gap, the International Fund for Agricultural Development (IFAD) and Equity Group on Friday, kicked off the Africa Rural Climate…

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Uganda Joins Continental Safer Gambling Initiative To Advance Responsible Gaming

Uganda has joined other African countries in the inaugural Africa Safer Gambling Week, a continental initiative bringing together regulators, industry associations, operators, safer gambling organisations and other stakeholders to strengthen player protection across Africa. Taking place from 7–11 September 2026, Africa Safer Gambling Week is convened by the African iGaming Alliance (AiA) in collaboration with…

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Uber Shuts Down Uganda Operations

Uber is winding down its Uganda operations with immediate effect from September 2, ending a decade long presence. The ride hailing giant joined the market in 2016. The company says the move follows a “thorough review” of its African investment priorities and is limited to Nigeria and Uganda. It insists the rest of its Sub-Saharan…

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From Security Guard To Commercial Farmer: Steven Dralada Nzima’s Journey With Equity

For 20 years, Steven Dralada Nzima worked as a security guard in Kampala, including at Equity Bank Uganda offices. Today, he is running a commercial farm in Adjumani District, growing crops, keeping livestock and managing forestry, while providing jobs for people in his community. The journey has been gradual. Steven started with a modest salary,…

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Uganda Names Crude Oil ‘Pearl Sweet Petroleum’ As First Oil Nears

President Yoweri Museveni has officially named Uganda’s crude oil Pearl Sweet Petroleum during a ceremony at the Kingfisher Development Area in Kikuube District on September 2. The branding gives the country’s waxy, low sulphur crude a commercial identity ahead of expected first production later this year and its entry onto international markets. The name draws…

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