Vivo Energy Uganda has officially handed over a Fuel and Lubricants Management System to its commercial customers Markh Investments in Ntinda and Q3 Holdings in Bweyogerere.
Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive.
Jiji and OLX announced that both companies have reached an agreement under which Jiji will acquire OLX businesses in Ghana, Kenya, Tanzania, and Uganda, pending certain regulatory approvals.
The International Air Transport Association (IATA) has recognized Entebbe Handling Services, now NAS Uganda, as a top performing IATA Accredited Training School (ATS) in Africa and the Middle East for 2019.
Uganda's excise duty imposed over goods imported within East Africa is a violation of the EAC Treaty, court rules
The East African Court of Justice has ruled that Uganda government violated the EAC Treaty by imposing extra excise duty law over imported cigarettes within East Africa.
The Government of Uganda in partnership with the GSMA, and other stakeholders have held a high-level round table on mobile-enabled digital transformation in Uganda.
ACF team, alongside local African authorities, have conducted two highly successful operations to stop the trade of counterfeit cartridges for HP printers across Uganda and Mozambique.
Liquid Telecom selects Nokia to deploy upgraded channel network in East Africa for expanded broadband services
Liquid Telecom Kenya, part of the pan-African telecoms group Liquid Telecom, and Nokia have announced a two-year partnership to upgrade their existing fiber network.
Kampala City has been selected as the lead among the Twelve African cities in the Africa Smart Towns Network following a competitive submission to the call for applications by the French Development Agency early this year.
Google has announced the 12 African startups that will take part in its third Launchpad Accelerator Africa programme
Vibrant sustainable economies require the full inclusion and participation of all citizens and especially women, a joint statement by Uganda Revenue Authority (URA) and TradeMark East Africa (TMEA) says.
Bidco Africa, the largest manufacturer of FMCG in East Africa, migrates to SAP HANA Database to gain real-time and in-memory computing capabilities to improve its delivery to customers.
Bidco Africa, with the support of its implementation partner, Seal Infotech, has completed the migration of its operations to SAP HANA.
[Kenya] Banking industry enhances payments efficiency with automated direct debits and foreign currency clearing
The banking industry through the Kenya Bankers Association has completed three key projects to increase efficiency of the Automated Clearing House.
Leading digital money transfer service WorldRemit has partnered with Diamond Trust Bank for digital money transfers to Uganda.
Inhabitants of Kenya,Tanzania, Uganda and Ethiopia will enjoy uninterrupted supply of electricity with the upcoming commissioning of a power transmission line to interconnect Kenya and Ethiopia, powered by the AfDB.
Leveraging big data, a CTA-led project has significantly increased crop yields and incomes for thousands of Ugandan smallholder farmers.
AgDevCo and Centurion Agricultural Partners have unveiled a multimillion-dollar investment in the Nakifuma Farming Company.
Hamilton Cloud Services (HCS), Uganda’s first local cloud service provider and a subsidiary of Hamilton Telecom, has finalized an agreement to colocate their servers in Raxio Data Centre.
ARED has completed the assembly of an order of 20 kiosks designed and produced by Tec-Solute GmbH in Karlsruhe, Germany, to supplement the company’s operations in Uganda and Rwanda.
East African Community leaders have lauded the regional body for the role it has played towards improving the economies of member countries.
Standard Chartered launches second wave of digital-only retail banks across Uganda, Tanzania, Ghana and Kenya
Standard Chartered bank has announced the start of the second phase of its digital-only retail bank across Africa.
An intergovernmental ministerial committee meeting between the governments of Uganda and Tanzania agreed to sign the Host Government Agreement for the East Africa crude oil pipeline by the end of June.
Gemalto in cooperation with local partner SCINTL, has been awarded the contract for the supply of a Border Management System including airport self-service eKiosks at Entebbe Airport.
Kampala-based off-grid solar company SolarNow has closed largest-yet receivables financing facility with SunFunder, Oikocredit and responsAbility
Catalyst Principal Partners, a Nairobi-based private equity firm has acquired three top tier mattress manufacturers in Uganda, Malawi and Kenya.
Digital money transfer service WorldRemit has partnered with Pride Microfinance Ltd to allow customers to send money instantly to 30 new cash pickup locations in Uganda.
Uganda-based solar energy company SolarNow has raised $9 million in debt arranged by SunFunder, a longtime debt financier for the company alongside co-lenders responsAbility and Oikocredit.
This year, reports and news articles have been awash with stories of a dysfunctional EAC bloc stagnated and in near-crumbling state.
AgDevCo has announced an investment in Great Lakes Coffee, Uganda's leading producer and exporter of fully traceable, high-grade coffees.
Burundi, Kenya, Rwanda, the United Republic of Tanzania, and Uganda have agreed to make trade between them and with other countries cheaper, faster and simpler.
Lendable, Inc., a New York and Nairobi based technology-enabled funding provider to frontier market alternative lenders has announced expansion of credit model in Africa.
Although e-commerce is snowballing in Africa, with more than 21 million Africans shop online, countries are at very different stages of development.
Over 30,800 vulnerable rural households in Uganda will benefit from a $210.4 million project that aims to sustainably increase rural livelihoods by supporting an efficient oil palm industry.
Mastercard has partnered with Housing Finance Bank, to launch Mastercard Debit and Prepaid Card options to the bank’s customers in Uganda to deliver a quick, convenient and secure alternative to cash.
Since launching a year ago, the Regional Liquidity Support Facility (RLSF) has signed agreements with five countries.
The International Trade Centre (ITC) will next year launch the SheTrades programme in Uganda and Egypt.
The Ugandan economy rebounded strongly to 6.1 per cent in the 2017-2018 financial year.
MTN has announced the launch of Ugx1bn (US$270,000) fund to support technology startups in Uganda. The fund is expected to provide a financial boost to startups that participate in the MTN innovation challenge series.
MTN Uganda has become the first telecom company in Uganda and in the MTN Group to grant access to third-parties to its Mobile Money Access Programming Interface (API).
With an average growth rate of 6.7% between 2013 and 2017 - double the African average - East Africa is one of the fastest growing regions in the world, accompanied by rapid social improvements
The East Africa cement market reached a volume of 14.4 Million tonnes in 2017.
IT multinational HP and Ugandan authorities have conducted a highly successful operation to halt the trade of counterfeit HP branded print cartridges in in the Kampala area.
The African Development Bank launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg last Friday.
The Overseas Private Investment Corporation (OPIC) and Africell Holdings Limited have signed a commitment letter for $100 million to expand access to telecommunications in Africa.
Oil marketer Kenol Kobil has acquired 33 service station from each of Delta Petroleum Uganda and Rwanda by asset sale.
The African Development Bank (AfDB) has approved a sovereign loan of US$229.5 million to the Republic of Uganda to finance phase one of the Kampala-Jinja Expressway project.
Mastercard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first ‘pay-as-you-go’ QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power the homes and businesses of Ugandans.
Kampala Capital City Authority, KCCA, and the United Nations World Food Programme (WFP) have entered a partnership to tackle food insecurity and rising levels of malnutrition in Kampala district.
Elanco Animal Health Incorporated is progressing a groundbreaking project to provide sustainable development solutions to address food insecurity in East African countries – Tanzania, Kenya and Uganda.
Deputy President Mabuza says SA working together with other leaders of the IGAD countries will continue to provide support for a successful implementation of a peace agreement in South Sudan in finding lasting peace, stability and development.
Ugandan businesses are becoming increasingly mindful of competition requirements and domestic antitrust laws when engaging in commercial transactions in other African jurisdictions.
The GSMA has launched a new Innovation Fund for Rural Connectivity, aimed at expanding digital inclusion through innovative new technology solutions for connecting unserved rural communities.
East Africa Business Council, EABC, has appointed Hon. Peter Mathuki as the acting Executive Director following the resignation of Ms. Lilian Awinja.
Wefarm, the world’s largest farmer-to-farmer digital network has reached over 1.1 million users across Kenya and Uganda.
East Africa Legislative Assembly is adding its voice to the debate on greening the environment.
Global professional services company Accenture is helping AB InBev, the world’s largest brewer, better manage its sales and distribution operations in Africa with the Accenture NewsPage Distributor Management System.
MTN Uganda in partnership with Mastercard and United Bank for Africa have announced a new service that will enable quicker, safer and more convenient online payments globally.
Known as MTN MoMo, customers will be able to use the card to shop or make payments at the vast network of global outlets accepting Mastercard payments.
Solar energy company Fenix International, part of global energy group ENGIE, is establishing its global headquarters in Uganda and moving its engineering and technology development centre from San Francisco to Uganda.
Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according The Institute of Chartered Accountants in England and Wales, ICAEW.
Nestlé and Ashoka have kick-started a social investment accelerator program to accelerate social entrepreneurship and boost the economic development of Africa on 10th September 2018.
Block Commodities Limited, the innovative commodity trader operating in Africa has entered into a strategic partnership with Pure Grow Africa Limited supplier of high-quality agricultural produce based in Uganda.
Global alternative asset manager The Carlyle Group has completed the acquisition of a majority stake in AK Life Sciences, Abacus, a pharmaceutical company in East Africa.
Mr. Joe Watson Gakuo is the Chief Executive Officer of Oleum Holdings Limited, and the founder of Upstream Awards.
Renew, a private equity impact investing firm, has announced expansion into its second African country, Uganda.
The Capital Markets Authority (CMA) Act Cap 84 has been reprinted as a way of updating it to incorporate all amendments effected by the CMA Amendment Act, 2011 and the CMA Amendment Act, 2016.
BringCom Incorporated, a provider of connectivity solutions to developing countries, has announced that it has completed the acquisition of Datanet.Com, LLC in Uganda
OFID, the OPEC Fund for International Development has signed public sector loan agreements totaling to US$37.5 million with Guinea Bissau, Burundi and Uganda to support socio-economic development and living standards in the African continent.
Agri-tech startup Agro Supply Uganda Limited is the winner of Seedstars Kampala. The startup beat ten other startups that had been selected present ideas at the Seedstars competition held at Outbox Hub last Friday.
OFID, the OPEC Fund for International Development, has signed public sector loan agreements totaling $37.5 million with Guinea Bissau, Burundi and Uganda to support socio-economic development and living standards in the African continent.
Online food delivering company Jumia Food has announced the launch of online pre-payments for its customers in Kenya and Uganda.
Global music and video streaming platform, TIDAL and Uganda ‘communications operator in offering mobile & fixed telecommunications, MTN Uganda, have announced a first-of-its kind collaboration.
Maize flour prices in Kenya have dipped to a six-year low on increased supply of cheap grains from Uganda and harvests in western region, easing inflationary pressure.
The Uganda National Bureau of Standards (UNBS) has automated a number of its services to improve efficiency and turnaround time for better service delivery.
Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda, NBS Television and National Environmental Management Authority have developed and launched an environmental campaign
The Village Enterprise Development Impact Bond (DIB), the first impact bond designed to reduce extreme poverty in rural sub-Saharan Africa, has closed its initial round of funding.
President Yoweri Museveni has said that a number of Government of Uganda funded contracts worth $2.4bn have been given to Chinese companies especially on roads and recently security cameras worth $120 million.
Uganda has become the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), a joint initiative of the development partners.
The Overseas Private Investment Corporation (OPIC) has provided a $5 million loan to Tugende Limited, which supports small business lending and expanded transportation in Uganda.
Cash-strapped K2 Telecom subscribers will be absorbed by Airtel Uganda, offering a lifeline to the Buganda Kingdom-owned telco two months after it was shut down for failure to pay taxes.
Uganda has become the first African country to sign an agreement with the Regional Liquidity Support Facility, a joint initiative of the African Trade Insurance Agency, a Pan-African and multilateral guarantor and KfW with funding from German Ministry of Economic Cooperation and Development.
The African Development Bank has approved a US$20 million loan to the Uganda Development Bank Limited (UDBL), the first development finance institution established by the Government of Uganda in 1972.
Andela, the company building high-performing engineering teams with Africa's most talented software developers, has launched a pan-African technology hub in its fourth African market: Kigali, Rwanda.
A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than USUS$400 million loans of Bujagali Energy, aiming to help reduce electricity costs in Uganda.
58,500 smallholders in Ghana, Malawi, Uganda and Zambia will benefit from outgrower programmes backed by AgDevCo's Smallholder Development Unit , with farmer incomes set to collectively increase by $8.8 million per year.
A consortium of development finance institutions and commercial lenders have announced completion of the refinancing of more than $400 million loans of Bujagali Energy Limited (BEL), aiming to help reduce electricity costs in Uganda.
In a move geared towards promoting Uganda’s tourism, the Speaker of Uganda Parliament, Rebecca Kadaga, has launched a Uganda culture park in China.
UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, has announced the rebranding of its Uganda operations as “Unimoni”.
Mr. Felipe Jaramillo has been appointed as the new World Bank Country Director for Eritrea, Kenya, Rwanda and Uganda, effective July 1, 2018.
Bombardier Commercial Aircraft has announced that it has signed a firm order for four new CRJ900 regional jets with Uganda National Airlines Company.
Diamond Trust Bank Uganda (DTB) has announced that it will be offering Mastercard’s premium card payment solutions in the country, which includes the Mastercard Gold Debit Card and Platinum Credit Card.
UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, has announced the rebranding of its Africa operations as “Unimoni”.
In order to significantly widen the access to world class pharmacy and health hub (wellness centre) services to Ugandans, Vivo Energy Uganda has signed a partnership agreement with GoodLife Pharmacy.
Ugandans are turning to Virtual Private Network (VPN) technology to circumvent the government's "social media tax", according to leading VPN comparison site BestVPN.com.
The Government of Uganda has released its strategy to deliver on commitments under the Paris Agreement, in a blueprint known as the Uganda NDC Partnership Plan.
Kenya’s progress in the construction of the Standard Gauge Railway (SGR) has earned praise from regional Heads of State who now want Uganda, Rwanda and South Sudan to follow suit.
In a bid to help Uganda improve heath and productivity in the country’s major towns, the African Development Bank has approved a US$ 62-million concessional loan to finance its Strategic Towns Water Supply and Sanitation Project.
Amani Institute is launching the Amani Leadership and Management for Impact program (ALMI) in Uganda.
Ongoing improvement in East Africa’s economic prospects is forecast by Ecobank’s research team in the newly published East Africa section of its flagship financial website, AfricaFICC.