The Series A investment enables Asante to scale its credit offerings to the underserved segment of MSMEs in Kenya and Uganda, and expand to Nigeria and Rwanda.
GE Healthcare and medical group AFRIPHARMA announce the opening of the Afri-Egypt Health Services Center, a first of its kind in Uganda with lifesaving equipment from GE Healthcare.
MTN Uganda is pleased to announce their intention to proceed with an initial public offer (IPO) and subsequently list on the Uganda Securities Exchange (USE).
La Guinée a déclaré aujourd’hui la fin de la flambée de maladie à virus Marburg après qu’aucun cas n’a été signalé pendant 42 jours.
Chevron partners with Tristar Group to strengthen production and distribution of Caltex lubricants in East Africa
With the signing of this agreement, Chevron has strengthened its already growing presence in East Africa and entrusted its operations to AML as a licensee.
MTN is pleased to announce a mobile money partnership with Africa’s leading payments technology company, Flutterwave.
MTN in partnership with ayoba has launched a dynamic media campaign entitled: ‘Life inside ayoba’ that will bring the African super app to life.
Autochek has on Monday announced that it has reached an agreement to acquire ROAM Africa's automotive marketplaces Cheki Kenya and Uganda.
Accenture has been selected by the Japan International Cooperation Agency (JICA) to support a group of digital transformation (DX) projects in six countries across Asia and Africa.
In Uganda, the GIZ Employment and Skills for Development in Africa (E4D) program partnered with IITA-Uganda and Olam Food Ingredients (OFI) to improve the livelihoods of 5,000 coffee farmers in the Mount Elgon region of the country.
4G CAPITAL GROUP has today announced the appointments of Alex Siboe as Chief Operations Officer and Ross Breadmore as Chief Product Officer.
The Board of Directors of Armour Energy announced that exploration activity will recommence on the Company’s oil exploration project in Uganda.
Kenya, Tanzania and Uganda have each reached some key milestones in their efforts to put always on, high-speed data communications within reach of citizens and businesses.
The yet to be named joint ventures will focus on fish feed development in East Africa and complete animal feed development in Uganda. The entities will make significant investments in production capacity in both Kenya and Uganda to meet the anticipated future market demand.
Microsoft to partner with Kenya and governments across Africa to transform education for Millions of students
Microsoft has committed to collaborate with the Ministry of Education in Kenya as well as governments across Africa to transform the education sector.
The OPEC Fund for International Development signed a $30 million loan agreement with Uganda to help improve food security and incomes for more than 120,000 smallholder households in the northern and north-eastern regions.
[Uganda] Quicker treatment for patients as MTN blood plasma extractor accelerates component extraction
Patients in need of blood are receiving quicker treatment following an MTN Uganda donation of the automated blood component extractor to Uganda Blood Transfusion services (UBTS) which mines components faster.
MTN Uganda has launched a dedicated online Home of UG Sports dubbed “MTN Sports” to give all Ugandan sports enthusiasts a one-stop point for all sports related news, analysis, and updates.
Medical Credit Fund (MCF), the not-for-profit fund for financing small and medium-sized (SMEs) healthcare companies in Africa, announced the disbursement of its first loan within MCF2.
A business which gives out virtual cash in exchange for rubbish, a start-up that converts faecal sludge into fuel briquettes, and an enterprise which offers smart metering solutions for solar mini-grids, have won the SEED Awards
In line with its commitment to investing in and amplifying African music, Audiomack has teamed up with entertainment provider, Ziiki Media, to propel the craft of artistes across Kenya, Tanzania, Uganda, and South Africa through marketing campaigns.
Pipit Global has announced that in Nigeria, Kenya, Uganda, Tanzania, Mali, Senegal, and Ghana, consumers can now avail of transactions through the pipit platform at lower rates than ever before.
Copia Global, a fast-growing mobile commerce platform built to serve middle to low-income African consumers, has expanded its operations to Uganda.
Working in partnership with Google.org and Google’s University Relations program, Google is sharing 30 new projects that will receive funding and support as part of their AI for Social Good program including those from Sub-Saharan Africa countries.
This webinar will consist primarily of a live demo of how VOGSY offers Quote-to-Cash services as a Google Workspace Add-on.
FSD Africa Investments invests $4.5 million to support the scale up of off-grid energy access in African markets
FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has invested $4.5 million in Nithio FI, a renewable energy financing intermediary focused on the Pay as You Go (PAYG) off-grid solar sector, to provide reliable and sustainable renewable energy solutions for households and small businesses in Kenya, Nigeria, and Uganda.
MTN Uganda and several members of the Telecom Infra Project (TIP) have signed an agreement that will advance network automation using TIP’s Disaggregated Cell Site Gateway (DCSG).
Telcoin, a blockchain-powered fintech disrupting the $700 billion international remittance industry, has extended its digital money transfer service to 23 additional mobile money platforms in 16 countries.
A consortium of a subsidiary of McDermott International and Sinopec International Petroleum Service Corporation received a conditional Letter of Award for the future contract valued at approximately $2 billion from Total for the Tilenga project.
As COVID-19 cases in Africa rise for the third week running and vaccines are increasingly scarce, 47 of Africa’s 54 countries nearly 90%, are set to miss the September target of vaccinating 10% of their people unless Africa receives 225 million more doses.
The World Bank approved $200 million financing to expand access to high-speed and affordable internet, improve efficiency of digitally enabled public service delivery, and strengthen digital inclusion in Uganda.
The impact of the COVID-19 pandemic on the global economy and job security for Ugandan migrant workers around the world has reduced the amount of money they are sending back home to their families.
IMF staff have reached agreement with the Ugandan authorities on a medium-term program that could be supported by IMF resources of about US$1 billion under the Extended Credit Facility (ECF).
CODE, a network connecting local and international stakeholders to address the digital gender divide and drive sustainable economic growth in Africa, has opened nominations for the inaugural ‘Digital Equality Awards’ in Ghana and Uganda.
With this launch, Raxio is expected work towards supporting industries that are facing increasingly complex and unique IT and regulatory challenges.
The MultiChoice Group and the MultiChoice Talent Factory are proud to celebrate the love of African cinema with the Colours of Africa film series.
Starsight Energy, the leading African Commercial and Industrial solar power provider, is delighted to announce the completion of a 950kW solar system for the Big Bottling Company plant in Ogun State, Nigeria.
The African Development Bank (AfDB), and the Government of Uganda signed two financing agreements totaling around $348 million for the improvement of road transport in Uganda.
African private equity fund manager Ascent announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial target of USD 80 million.
Construction of Border Export Zones in four sites in Uganda has reached 85%. The border markets under construction in the zones include Busia, Lwakhakha, Oraba and Katuna.
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.
The investment will contribute to transformation of the poultry industry in Rwanda and Uganda, providing smallholder farmers with high-quality, highly productive birds that can thrive in the local context.
MTN Uganda launched the first FREE gaming service of its kind in Africa dubbed “MTN GoGames”, which offers MTN customers access to a huge catalogue of mobile games, for FREE!
The construction of Border Export Zones in four sites in Uganda has reached 85% completion. The border markets under construction in the zones include Busia, Lwakhakha, Oraba and Katuna.
Social Lend Africa is a Uganda-based financial technology company that facilitates transactions between micro-lenders and small business owners on its web and mobile app
I&M Holdings PLC and Orient Bank Limited signed an agreement in July 2020 for I&M Holdings PLC to acquire 90 percent shareholding of the Ugandan entity.
Liquid Intelligent Technologies Uganda, part of the Liquid Intelligent Technologies group, has unveiled its new brand identity in the country.
Dr. Mathuki highlighted some of his priorities for the next five years including: pushing for the implementation of liberalization of trade-in services; open skies; harmonization of domestic taxes and standards.
[Uganda] Insurtech startup OKO raises $1.2 million to bring innovative insurance to smallholder farmers across Africa
OKO, an Insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a Seed investment of $1.2 million.
Ugandan President Yoweri Museveni and Tanzanian President Samia Hassan Suluhu signed an agreement to contruct the East African Crude Oil Pipeline (EACOP).
African Energy developments demand sustained investment with new projects in Mozambique, Tanzania, Uganda, and Senegal
In the past twelve months, the African energy sector has seen several encouraging developments, in the form of both Foreign Direct Investment (FDI) and strategic partnerships, that have advanced the sustainable development of its natural resources.
Uganda, Tanzania and oil firms Total and CNOOC on Sunday signed agreements that will kickstart the construction of a $3.5 billion crude pipeline to help ship crude from fields in western Uganda to international markets.
Bell Textron Inc., a Textron Inc. company, has announced the delivery of a Bell 505 helicopter equipped with the Med-Pac Inc. LLC Emergency Medical Services Lite Interior to BAR Aviation.
Binance Charity announces $1 million crypto donation to UNICEF to help in global COVID-19 vaccine rollout
Binance Charity has announced the world’s first crypto donation to UNICEF’s role in the global COVID-19 vaccine rollout—the largest vaccine procurement and supply operation ever undertaken.
AgDevCo has announced a $3.0 million follow-on mezzanine debt investment into Uzima Chicken Limited, a poultry company operating in Rwanda and Uganda.
BringCom Incorporated, a provider of connectivity solutions in Africa, has announced the appointment of Allen Chimhende, as the Managing Director of Datanet.
Pan African specialist investment financial institution Verdant Capital has raised $9.9 million Series A equity capital for Tugende, a technology enabled MSME lender in East Africa.
The Association of Real Estate Agents, AREA-Uganda, is an umbrella institution of real estate agency/brokerage companies, consultancy real estate firms, and real estate agency /brokerage professionals in Uganda that have key interests in real estate agency/brokerage.
Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, has announced that its RP (Restructuring Plan) has been approved and agreed with the lenders.
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance with participation from Kepple Ventures and other African angel investors.
World Services Group (WSG) has announced that ENSafrica has expanded its global membership with five new jurisdictions in Africa in addition to South Africa and Mauritius: Ghana, Kenya, Namibia, Rwanda and Uganda.
World Services Group (WSG) announced that ENSafrica has expanded its global membership with five new jurisdictions in Africa in addition to South Africa and Mauritius: Ghana, Kenya, Namibia, Rwanda and Uganda.
The United Nations World Food Programme (WFP) and the Government of China signed agreements to provide food assistance to vulnerable people in Cameroon, Guinea-Bissau, Sierra Leone and Uganda.
The United Nations system in Uganda and Equity Bank Uganda have established new partnerships for acceleration of the attainment of the Sustainable Development Goals (SDGs) in the country.
The African Development Bank and the Government of Uganda has signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbors.
The African Guarantee Fund (AGF) and Equity Group signed an agreement which will provide a $75 million guarantee fund to four of Equity’s bank subsidiaries within the Group.
Uganda Marketers Society (UMS) and the Chartered Institute of Marketing (CIM) have signed an MoU for a Strategic Partnership to enhance professional marketing standards and practices in Uganda.
Total acts in transparency on social and environmental stakes of the Lake Albert resources development project in Uganda and Tanzania
In accordance with its guiding principle of transparency in engaging with civil society, Total published the studies, independent third-party reviews and social and environmental action plans related to the Tilenga project in Uganda.
The internet has turned 30, and it is facing an uncertain future in Africa, and the rest of the world. In January 2021, Uganda placed restrictions on citizen use of the internet during the elections.
Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, announced after its board meeting, significant changes in the leadership of the Group's board and management.
Uganda Airlines has selected Geven’s Piuma AQ (Alta Quota) and Comoda AQ (Alta Quota) Premium Economy Class sustainable seats for its A330-800neo aircraft.
Off-grid utilities provider Winch Energy, has partnered with NEoT Offgrid Africa to develop solar mini grids in Uganda and Sierra Leone.
The IITA Uganda Climate-Smart Agriculture (CSA) Program supports the Ugandan Government in its commitment to increasing coffee quality, volumes, and smallholder farmer livelihoods.
Uganda has become the first country in the eastern and southern African region to convert its driver’s licensing categories to conform to the regionally harmonized Tripartite Transit and Transport Facilitation Programme (TTTFP) standards.
[Vacancy] Africa Business Communities wants to work with freelance African Business and Tech Journalists, Bloggers
Africa Business Communities is looking for Freelance Business and Tech Journalists, Bloggers in Nigeria | South Africa | Ethiopia | Uganda | Ghana
Software Group, a global software company with its regional head office in Nairobi, has won a new contract for its latest Agency Banking platform with BRAC Uganda Bank Ltd, a prominent financial institution in Uganda.
Kenyan-based Software Group teams up with BRAC Uganda Bank to rollout Agency Banking digital platform
Software Group, a global software company with its regional head office in Nairobi, has won a new contract for its latest Agency Banking platform with BRAC Uganda Bank.
Africa's tech industry is still at an infant stage, with an industry wide revolution dubbed the fourth industrial revolution. Africa to some extent missed the first, second and third revolution and is yet to miss the fourth industrial revolution (4lR) which is mixed up with industry 4.0.
Internet connectivity in Uganda is reportedly currently being restored after a 5-day nation-wide blackout. The government had shut it down ahead of the national elections that were held last week.
4G Capital, a market leader in technology-driven financial inclusion in Kenya and Uganda has been named among the 150 top impact companies in the world by Real Leaders.
International Center for Youth Development on Technopreneurship, ICYDT, is a Uganda startup working on skills development and reduction of poverty among the youth using information technology.
Uganda Airlines, the country’s flag-carrier, has taken delivery of its first A330neo, the latest version of the most popular wide body airliner.
The South African National Climbing Federation and the International Federation of Sport Climbing (IFSC) will host the first Africa Continental Climbing Championship (ACC), proudly organized by Western Cape Climbing.
The African Development Fund (ADF) approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity.
Sokowatch, the innovative East African e-commerce platform, has launched electric three wheelers, commonly referred to as tuk-tuks, to its delivery fleet in Uganda, making the vehicles the first to be used commercially in East Africa.
Housing Finance Bank Uganda and Agence Française de Développement signed two financing agreements of €10.5 million to support the development of a housing finance offer adapted to the needs of the populations all over Uganda.
AfDB and Uganda government have signed a $500,000 grant agreement for financing MSMEs to boost business linkages on the East African Crude Oil Pipeline Technical Assistance project.
Raxio Data Centre is officially the First Tier III Certified Data Centre in Uganda after receiving the Uptime Institute Tier III Certification.
Tullow Oil announced that the sale of its assets in Uganda to Total has completed with $500 million consideration.
Tullow Oil announced the Government of Uganda and the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the pre-agreed principles on the tax treatment of the sale of Tullow’s Ugandan assets to Total.
The number of mobile phone users decreased to 25.5 million in the second quarter ended 30 June from 28.4 million in the first quarter, according the Uganda Communications Commission (UCC).
Econet, through its subsidiaries Liquid Telecom Group (LTG) and Cassava Fintech International (CFI) has launched a network of #SasaiWiFiFinder hotspots providing locals with most affordable internet access.
Azam TV has completed the migration of its video platform from the EUTELSAT 7B to EUTELSAT 7C satellite, with a multi-year extension of the existing contract and an incremental capacity commitment.
Jubilee Holdings (Jubilee Insurance), East Africa’s insurance group, and Allianz, world's insurers and asset managers, signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates.
Azam TV has completed the migration of its video platform from the EUTELSAT 7B to EUTELSAT 7C satellite, with a multi-year extension of the existing contract and an incremental capacity commitment.
CABI scientists have conducted new research highlighting the impact of COVID-19 pandemic on food security in Kenya and Uganda with more than two-thirds of those surveyed having experienced economic hardship due to the pandemic.
The United Nations World Food Programme (WFP)welcom ed 5,000 metric tons of rice and $300,000 in cash from the Republic of Korea to provide much-needed relief assistance to 781,000 people including refugees and Ugandans threatened by locusts.
Qatar Airways is to resume services to Entebbe, Seychelles, and Windhoek, as well as many more global destinations.
BrightLife, a social enterprise by FINCA International, has announced the appointment of Laurynas Vaičiulis as Chief Executive Officer.
IMPACT’s newest report reveals how the Democratic Republic of Congo’s (DRC) illicit gold trade continues to thrive despite efforts to clean up the sector.