The Bank of Uganda has begun its first purchases of gold from local producers as part of a three-year pilot program aimed at diversifying and strengthening its foreign exchange reserves. The first transactions took place on April 17, marking the Central Bank’s entry into the domestic market as a direct buyer. The institution will buy…...
Trending
- Temas facilitates a 25 million euro loan agreement with Afriland First Bank Cameroon
- Geneva to Host the Ethical Finance Forum 2026 in One Week: Africa and Europe Confront the Challenge of Islamic and Ethical Finance
- BRVM: BIIC drops by 15.83% after a week of profit-taking
- Nigeria: A.P. Moller Capital sells Powergas to Ardova Plc to accelerate the development of compressed natural gas
- Senegal: a poor country enjoying the privileges of a rich country
- Ivory Coast: Sidy Cissé appointed CEO of CDC-CI
- Daily African Financial Markets
- Ian Ferrao, CEO of Airtel Money: “Our listing on the London Stock Exchange will give us more flexibility to support our growth in Africa”
Uganda: Central Bank launches gold purchasing program to strengthen reserves
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com