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dfcu Bank Unveils First Report to Society, Highlights Support for 6,527 SMEs

dfcu Bank has launched its inaugural Report to Society 2025, documenting its contribution to Uganda’s economic and social development through business financing, women’s entrepreneurship, community healthcare and environmental initiatives. The report, unveiled at Serena Hotel in Kigo, highlights the bank’s efforts to expand financial inclusion, strengthen small and medium-sized enterprises (SMEs), support livelihoods and promote…

Alupo Calls for Stronger Uganda-Russia Ties, Urges Support for Africa’s Economic Independence

Vice President H.E Maj (Rtd) Jessica Alupo has called for stronger economic and diplomatic cooperation between African countries and Russia, highlighting trade, tourism, industrial development and information and communication technology as key areas for mutually beneficial partnerships. Alupo is representing President Yoweri Kaguta Museveni at the Third Russia-Africa Summit and Economic and Humanitarian Forum taking…

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Putin Targets $50 Billion Russia-Africa Trade, Rejects Exploitation of African Resources

Russian President Vladimir Putin has defended Russia’s economic engagement with Africa, saying Russian businesses are increasingly processing raw materials locally, creating jobs and generating tax revenue for African governments rather than exploiting the continent’s natural and human resources. Addressing the plenary session of the Third Russia–Africa Summit in Moscow on Wednesday, October 28, Putin said…

Putin Says Era of Western Dominance Is Ending as Africa Rises in Global Power

Russian President Vladimir Putin has declared that the emergence of a multipolar world order is an “objective and irreversible trend”, arguing that the era in which a small group of powerful countries determined the fate of entire continents is giving way to a global system in which developing nations, particularly African countries, are demanding a…

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Zakharova Says West Has Failed to Isolate Russia

Russian Foreign Ministry Spokesperson Maria Zakharova has described Western efforts to isolate Russia as a complete failure, arguing that Moscow continues to attract international engagement despite pressure from Western governments. Speaking in an interview, Zakharova said Western countries had failed to achieve their objective of isolating Russia and were now embroiled in disagreements over diplomatic…

Ayebare, UK Minister Hold Talks on Trade, Ebola Preparedness and Regional Security

Minister of Foreign Affairs, Adonia Ayebare, has held talks with UK Minister for Africa Kirsty McNeill to strengthen bilateral relations, with discussions focusing on trade, concessional development financing, Ebola preparedness and regional peace and security. The meeting took place in London as the two countries explored opportunities to expand trade, attract British investment and mobilise…

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