KAMPALA, Uganda–The Uganda shilling was unchanged against the U.S dollar at last week’s close, supported by hard currency inflows from commodity exporters amidst waning importer and interbank demand. The USDUGX duet was detained within the 3685/3705 levels. This week, market sentiment alludes to a relatively stable pair as mid-month tax payments offer support to the […]
The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports. The regional economic studies were released in Tunis (North Africa), Abidjan (West and Central Africa), Nairobi (Eastern Africa) and Pretoria (Southern Africa). “By offering regional approaches for the first time, we want to leverage the Bank’s expertise and […]
KIGALI, Rwanda– The African Union’s Executive Council called for a massive ratification of the agreement establishing the Continental Free Trade Area. Speaking at the opening session of the Council meeting, the Minister of Foreign Affairs, Cooperation and East African Community and Chairperson of African Union Executive Council, Louise Mushikiwabo said that the signing of the […]