By the AFREEQUE newsroom, based on Financial Afrik
Absa Bank Uganda has finalised the acquisition of Standard Chartered Uganda’s retail banking and wealth management activities, after obtaining regulatory approvals. The transaction, whose amount was not disclosed, takes effect on 13 November; the sale agreement was signed on 24 October 2025, according to Financial Afrik.
The AfDB and Morocco signed an agreement in Rabat on Friday 13 November 2026 for €434.4 million in financing for the third phase of the programme supporting economic governance and climate resilience. The operation is intended to accelerate economic reforms, strengthen private investment and improve the country’s resilience to external and climate shocks, according to MAP.
🇲🇦 Morocco · Source: Aujourd’hui le Maroc ·
Uganda has pledged to mobilise $86 million to host the African Union’s African Humanitarian Agency in Kampala. The host agreement, signed on 9 November 2026 in Entebbe, provides for three instalments over three years and five regional depots, according to the African Union.
🇺🇬 Uganda · Source: Bénin Web TV ·
Uganda has signed an agreement with the African Union to host the headquarters of its Humanitarian Agency. Work to establish the headquarters is due to begin in December 2026 and take about three years, after Uganda’s bid received 85% of the votes, according to Watchdog Uganda.
🇺🇬 Uganda · Source: Watchdog Uganda ·
Equity Bank Uganda is encouraging Ugandans living in Kenya to turn their remittances into long-term investments in Uganda. The bank made the appeal at a diaspora investment forum in Nairobi organised with UGNET, according to Nile Post.
🇺🇬 Uganda · Source: Nile Post ·
Storm leaves 600 pupils without classrooms in UgandaA storm destroyed school buildings and left more than 600 pupils without classrooms in Busia and Buvuma districts, Uganda. More than 50 Buvuma families are also homeless after heavy rains, according to the Daily Monitor.
Djibouti-Ethiopia corridor switches to mobile paymentsDjibouti Ports Corridor Road now requires mobile payments for use fees on the Djibouti-Ethiopia corridor, with cash no longer accepted at collection points. The company is also launching the 5151 hotline, available 24 hours a day to report incidents and lodge complaints, according to ADI.The week in Africa
Be the first to get our letter in English: the essentials from every region of the continent, free.
