October 24, 2026
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The Bankers Journal Uganda, a product of Morgan International Limited, is an authoritative business news source providing credible, timely, and insightful coverage of the sectors that drive economic growth and development. Our reporting spans business and finance, markets and investment, executive leadership, real estate, agriculture, tourism, insurance, manufacturing, trade, technology, energy, and emerging issues such as climate change. Through news, analysis, opinions, interviews, and market intelligence, Bankers Journal serves as a trusted platform for business leaders, policymakers, investors, professionals, and decision-makers across Uganda, East Africa, and the global business community.

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Tag: Absa Bank Uganda

Absa Bank Uganda Arranges USD 50 Million Facility To Strengthen Uganda’s Power Distribution expansion

Bankers Reporter04 mins

Absa Bank Uganda and Uganda Electricity Distribution Company Limited (UEDCL) have today announced the advancement of a five-year USD 50million, landmark financing facility to the electricity distributor to strengthen national power distribution. This landmark transaction marks a defining moment for Uganda’s energy sector, and the facility is UEDCL’s inaugural debt financing. The facility will enable…

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Absa Introduces Three Digital Payment Solutions as Digital Payments and Cross-Border Trade Surge in Uganda

Bankers Reporter05 mins

Absa Bank Uganda has today launched three innovative digital payment solutions namely the Absa Multi-Currency Virtual Card, Absa Pay, and Absa Pay by Link, all designed to make banking more convenient, secure, and accessible for individuals and businesses. The Absa Multi-Currency Virtual Card enables users to hold and manage up to five currencies including Uganda…

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Standard Chartered Uganda Signs Agreement To Sell Wealth & Retail Banking Business To Absa Bank Uganda

Bankers Reporter05 mins

Standard Chartered and Absa Bank Uganda, a wholly owned subsidiary of the Absa Group, have entered into an agreement for the sale of Standard Chartered Uganda’s Wealth and Retail Banking (WRB) business portfolio in Uganda. This follows Standard Chartered’s 27 November 2024 announcement of its intention to explore a potential sale, in line with the…

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Uganda Tech Enthusiasts’ Triumph At The Girlcode Hackathon 2025 Across African Cities

Bankers Reporter06 mins

Code Forces, a group that emerged winner at the Absa GirlCode 2025 hackathon in Kampala, has emerged as the third on the continental level, in which eight African cities competed. This was during the recently concluded 11th edition of the annual GirlCode-Hackathon on 12 October 2025 that was organised by Absa in partnership with GirlCode,…

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Absa Bank Uganda Partners With Girlcode To Empower Women In Tech At 2025 Hackathon

Bankers Reporter15 mins

Absa Bank Uganda, in partnership with GirlCode, successfully hosted the 2025 GirlCode Hackathon, empowering 50 women tech enthusiasts in Uganda. The event was part of a continent-wide hackathon spanning 30 hours and engaging 700 women across 8 African cities, focused on fostering innovation, collaboration, and skills development in the fintech sector. The hackathon provided a…

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Absa Bank Uganda Strengthens Uganda’s Capital Markets With The Launch Of Its Custody Services

Bankers Reporter06 mins

Absa Bank Uganda is pleased to announce the reintroduction of its custody services, marking a significant milestone in the bank’s commitment to supporting the growth and development of Uganda’s capital markets. This strategic move aims to provide institutional investors with secure, efficient, and compliant solutions to safeguard their assets and facilitate seamless investment operations. Speaking…

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Absa Bank Unveils A New Branch In Nansana, Expanding Access To Financial Services

Bankers Reporter03 mins

Absa Bank is proud to announce the official unveiling of its new branch in Nansana, located at Sibyangu Plaza. This launch is part of the bank’s continued commitment to expanding its footprint across Uganda. The opening ceremony brought together key players in the financial sector, including representatives from the Bank of Uganda, regulators, local government…

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