AGP Executive Report
Last update: 9 hours agoUganda Budget Push: Uganda unveiled a record Shs84.4trn (US$22.47bn) for 2026/27, betting on oil, infrastructure, agro-industrialisation, tourism, mineral-based industry and science/tech to drive a Ten-Fold Growth Strategy and double GDP every five years. Public Debt Use: The Ministry of Finance says Uganda’s public debt hit about US$34.86bn by Dec 2025 and argues borrowing has mainly funded long-term infrastructure—transport (31.1%), electricity (19.3%), water (10.3%) and agro-industrialisation (9.2%). EAC Tax Pressure: East Africa’s tax agencies face mounting pressure as deficits widen and external funding shrinks, pushing governments to raise more revenue domestically. Kabalega Airport Progress: Kabalega International Airport is 98% complete, with Phase I expected for handover by July 31, and Phase II terminal works fast-tracked for AFCON 2027. Banking ESG Rules: Bank of Uganda will require mandatory ESG reporting from January 2027, with financial institutions urged to prepare governance and data tracking now. Ebola Vaccine Race: India’s Serum Institute is fast-tracking a Bundibugyo Ebola vaccine candidate (ChAdOx1 BDBV) with Oxford and CEPI support as the outbreak worsens across Central Africa. Blood Supply Gap: Uganda marks World Blood Donor Day with renewed calls to strengthen the full blood supply chain to cut postpartum hemorrhage deaths. Digital Payments Expansion: Yuno and Onafriq link up to give merchants a single route into pan-African payments across 43 markets. Airtel Africa Foundation: Airtel Africa Foundation commits US$6.2m to education, digital inclusion, financial inclusion and environmental sustainability, including connected schools and scholarships.
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