AGP Executive Report
Last update: 9 hours agoUganda Budget Pushes Growth and Oil Momentum: Uganda projects 10.2% economic growth in 2026/27 as commercial oil production is expected to start, with Finance Minister Henry Musasizi saying the bigger economy will boost jobs, incomes and public investment. Security Spending Boost: Government set aside Shs10.21trn for security, governance and rule of law, including UPDF modernisation, border security, crime intelligence, CCTV, cybersecurity and immigration services. Infrastructure and Energy Drive: Transport gets Shs8.79trn for roads, rail, airports and Uganda Airlines, while energy receives Shs2.07trn for Kiba hydro, solar projects, transmission upgrades and rural electrification. Agro-Industrialisation Under Pressure: Agro-industrialisation is allocated Shs2.26trn, but still below the Maputo 10% target, as government targets value addition through research, irrigation, inputs and market access. Tourism and Exports Plan: Tourism is funded at Shs567.32bn for destination marketing, infrastructure, conservation and economic diplomacy, while a US-focused training programme aims to help 100 Ugandan artisans meet export standards. Finance Sector Green Push: KCB disbursed about Sh48.8bn in green loans and screened Sh587.9bn for sustainability, pushing green lending to 25.84% of total. Ebola Watch Hits Business Risk: DRC and Uganda’s Ebola outbreak has topped 600 cases; WHO warns labs in DRC ran out of testing supplies and Africa CDC flags gaps in contact tracing and funding. Regional Trade and Investment: Uganda’s regional cooperation docket changed hands, with renewed focus on joint permanent commissions to open markets for Ugandan goods. MTN Fintech Expansion: MTN is finalising separation of fintech operations in Nigeria and Uganda to attract strategic investors and grow mobile money and lending.
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