The World Bank’s Board of Executive Directors has approved a $40 million equivalent IDA credit* to the Republic of Uganda for the Strengthening Social Risk Management and Gender-Based Violence (GBV) Prevention and Response Project.
Uganda and China have signed a Memorandum of Understanding three proposed investment projects ranging from trade, agriculture and transport.
Uganda-based solar energy company SolarNow is due to open its first branch in Kenya on June 20th.
The East Africa region attracted more than Sh113.7 billion ($1.1 billion) funds from Private Equity (PE) between 2015 and 2016, a new study has revealed.
In support of Uganda’s National Vision 2040, Mastercard has signed a strategic partnership agreement with the Uganda Banker’s Association (UBA) to develop a framework that will strengthen the local financial services sector.
ZT Energy and Tryba Energy of France through their local company, Emerging Power Uganda Limited has signed a Power Purchase Agreement with Uganda Electricity Transmission Company Limited, UETCL
Victor Chandler is back. After a 3-year hiatus, his first foray is set to be as part of a new sports betting and gaming company to be called Bet Lion, focusing on East Africa and launching in August.
President Museveni and President Magufuli have signed the East African Crude Oil Pipe Line Agreement(EACOP) as an expression of intent to go ahead with the construction of the1400km oil pipe line from Hoima to Tanga port.
BringCom Incorporated, a leading provider of connectivity solutions to developing countries, announced that it has reached a tentative agreement to acquire Datanet.Com, LLC.
Tucked away over 50 kilometers north of the capital Kampala, Chinese technicians continue to set up the first agricultural industrial park in the East African country of Uganda.
Siemens will work more closely with the African countries Uganda and Sudan in the areas of power supply, industry, transportation and healthcare. The African states signed the corresponding Memoranda of Understanding (MoU) at the World Economic Forum 2017 in the South African city of Durban.
Agence Française de Développement (AFD) in partnership with Kenya Association of Manufacturers (KAM) held a high level workshop on Sustainable Use of Natural Resources and Energy Finance Programme (SUNREF) East Africa to discuss among other things, the opportunities and challenges of SUNREF since its inception in Kenya in 2011.
The East African Community Partner States have undertaken a number of reforms over the past four years to facilitate implementation of the EAC Common Market Protocol, this is according to the East African Common Market Scorecard.
Canadian Solar Inc. one of the world's largest solar power companies, has announced that it has supplied 10 MW of PV Modules to Soroti Photovoltaic Plant in Uganda. The project is the largest of its kind in East Africa and was officially inaugurated at the end of 2016.
Increased earnings from certain commodity exports have helped Uganda to record a surplus on its balance of payments of $222 million (Shs790b) during the quarter ended February 2017.
An additional 16 government agencies involved in clearing international trade documents will be linked to the Uganda Electronic Single Window (ESW) as phase two of the system commences.
TradeMark East Africa (TMEA) has signed a Memorandum of Understanding with Democratic Republic of Congo (DRC) to facilitate projects that will improve cross border trade and enhance trade links between the country and East Africa Community member states.
The African Development Bank Group (AfDB) approved $253.0 million of loans to the Governments of Kenya $147.3 million and Uganda $105.7 million for the upgrading of 118 km road section connecting the two countries as well as the construction of the 32 km Eldoret town bypass, in Kenya
The much anticipated railway line in Rwanda will delay until 2030 – East African Legislative assembly members meeting in Kigali have said.
Maria Auma is a Ugandan entrepreneur and investment specialist. Her company, Blue Luxury Investments, specializes in connecting investors with viable businesses.
Uganda has started an aggressive and marketing and promotion marketing campaign in order to increase tourist arrival from the current 1.3 million visitors to four million by the year 2020, according to Ephraim Kamuntu, the Minister of Tourism.
Airtel Uganda staff members in partnership with Hind’s Feet Project volunteers and other organizations offered treatment to the sick residents at Nyakabaya Primary School in Nyarusiza.
For years Leillah Sekalala struggled to find a consistently good salon for her Afro hair and would often find that her social circle had the same problem.
With 120,000 units sold, almost all within the first six months of its October 2016 global launch, d.light's D30 Pay-Go solar home system is proving to be the fastest pay-as-you-go off-grid solar product to reach scale.
Despite market deal volumes being down by nearly a third for Africa Mergers and Acquisitions, M&A in 2016, international law firm Clifford Chance saw an increase in M&A instructions in Africa in the same period.
SureBüddy, an android application that has today launched into market, brings sponsored insurance and insurance related products to Uganda.
Nestlé has announced the appointment of Kenyan, Ciru Miring’u as head of the company’s operations in Kenya, Uganda, Tanzania, Rwanda, Burundi and South Sudan. Ciru becomes the first local manager to head the East African cluster of the Swiss based world's leading Nutrition, Health and Wellness Company.
The Uganda Securities Exchange has launched a digital self-service portal for its investors which has been viewed as a way of improving convenience for its customers in their quest for information while boosting efficiency.
Despite the large economic potential for honey production, many beekeepers in Uganda fail to produce and market enough honey to make a living from it.
The East Africa Business Council, the region’s umbrella body for the business community, has endorsed the premier summit in Africa targeting CEOs, Managing Directors and heads of public institutions in East Africa.
The Uganda Revenue Authority (URA) has launched three customs trade facilitation programmes that will improve the ease of doing business in Uganda and the East African Community, and also promote trade and investment.
Merck, a leading science and technology company, today continues their commitment for the second year to empower infertile women in Uganda through improving access to information, health, change of mind-set and economic empowerment.
The Entebbe International Airport upgrade is set to cost $9.5 million according to figures from the Civil Aviation authority.
Microsoft East Africa and pan-African data, voice and IP provider Liquid Telecom have announced a new partnership to develop the access and use of cloud services across the continent.
In a move meant to easily reach and capture more tourists, Kenya, Uganda and Rwanda have come together to launch the first of its kind East African destination portal.
Millennials in East Africa are turning to Agriculture as a side business, a majority have attempted to turn their side hustle into their main focus borrowing starting capital from banks and relatives.
Drought throughout East Africa has sharply curbed harvests and pushed the prices of cereals and other staple foods to unusually high levels, posing a heavy burden to households and special risks for pastoralists in the region.
The Ugandan private sector now has a chance to access over $20 million Skills Development Fund to grow their businesses.