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.
[Column] Pedro Guerreiro: What East Africa can teach the rest of the continent about economic growth
The 21st century is widely touted as the ‘African Century’, a period promising unprecedented economic and technological growth for the continent. Africa’s future looks bright.
IFC announced a loan to International Medical Group (IMG) to strengthen services at the healthcare provider’s Ugandan hospital and clinics, allowing them to continue to deliver quality medical care.
The World Bank has appointed Mr. Keith Hansen as the new Country Director for Kenya, Rwanda, Somalia, and Uganda effective September 8, 2020.
Pearl Dairy Farms is now exporting its range of milk powder products to Ethiopia, Malawi and South Sudan underpinned by the ratification of the Africa Continental Free Trade Area (AfCFTA) agreement.
For many public health workers in Uganda, responding to disease outbreaks of epidemic potential in not new. This is because the country has been in preparedness and response modes for quite some time.
Medical Teams International was awarded $3.4 million by the U.S. PRM to support Medical Teams’ ongoing work to provide comprehensive and timely medical care to refugees and host populations in Uganda.
The International Institute of Tropical Agriculture (IITA) and the National Agriculture Research Organisation (NARO) will collaborate to finalize the development of Aflasafe.
Bayer donates Decis ULV insecticide to support Kenya, Uganda fight against desert locust devastation
Farmers in Kenya and Uganda currently fighting a devastating locust invasion and looming food security crisis are receiving a donation of 170,000 liters of Decis ULV insecticide from Bayer.
IFC and the Uganda Bankers Association announced a partnership to train financial institutions SMEs in Uganda to help them build financial strength and resiliency to better meet the challenges of the COVID-19 crisis.
David Akanshumbusha sells groceries at a stall in Nakawa market on the outskirts of the Ugandan capital, Kampala.
Uganda has embraced the digitalisation of the economy. In a society traditionally run by cash, people across the country have flocked to e-commerce platforms for contactless payments and purchases.
Raxio Data Centre has achieved a key milestone in the construction of the Tier III carrier neutral data centre as it received key technical power equipment from the national distributor, UMEME Limited.
Millions of people, small holders and entrepreneurs in remote villages across Uganda are set to access reliable and cheap electricity for the first time under a new off-grid solar scheme.
The World Bank approved $150 million to enable greater access to higher quality secondary education among Ugandan children in safer and better equipped learning environments that are also supportive of girls’ education.
The Mastercard Foundation has announced its Young Africa Works strategy in Uganda, which has set a goal to enable more than 3 million young people in the country to access dignified and fulfilling work.
Uganda’s real gross domestic product (GDP) growth in 2020 is projected to be between 0.4 and 1.7% compared to 5.6% in 2019, according to the latest edition of the Uganda Economic Update released by the World Bank.
The Government of the Democratic Republic of Congo and TradeMark East Africa (TMEA) are working on the construction of the One-Stop Border Post (OSBP) at Mahagi in Ituri Province, on the border with Uganda.
Rwanda and Uganda have recorded a reduction in trade flows in April and May 2020, according to the latest report from the COMESA Statistics on ‘COVID 19 Impact on Trade’.
For the first time since 2018, the United Nations World Food Programme (WFP) has managed to send a humanitarian convoy from Kenya directly into South Sudan via the Nadapal Border crossing just as hunger is peaking in the country.
The EU has mobilised €3 million in emergency assistance to countries in East Africa that have been hit by heavy rainfall over the past weeks, triggering devastating landslides and floods.
Nespresso, an operating unit of the Nestlé Group, has introduced AMAHA awe UGANDA, ‘Hope of Uganda’, a new and seasonal coffee from the Rwenzori Mountains of Uganda.
The World Bank approved a financing of $48 million from the International Development Association (IDA) to help Uganda prevent and respond to the threat to livelihoods posed by the Desert Locust outbreak.
The Climate Resilient Agribusiness for Tomorrow project has co-invested € 2 million in grants to 14 private sector companies working in agriculture value chains in Kenya, Tanzania and Uganda.
Mukwano Industries has grown into one of the leading FMCG conglomerates in East Africa, with interests that include manufacturing, agriculture and property development.
Ancywax is a research, media and marketing startup domiciled in Uganda’s capital Kampala that has since 2014 been offering clients a cocktail of services from idea to implementation through a model dubbed Concept Development.
The African Development Bank Group announced the debarment of Sinotec Company Limited, an energy solutions company registered in China, for fraudulent practices in East Africa.
Vonage, a global business cloud communications company, has announced that eHealth platform provider CTI Africa Limited has chosen Vonage to power its LifeHealth telehealth system.
The Food and Agriculture Organization (FAO) received a donation of $10 million from the Russian Federation to support its operations in fighting against the Desert Locust outbreak in East Africa.
The World Bank approved total financing of $148.2 million to enable Uganda to improve sustainable management of forests and protected areas and increase benefits to forest-dependent communities.
Total and Tullow have entered into an Agreement, through which Total shall acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude Oil Pipeline.
Falling visibility in three major African cities reveals air pollution has increased significantly over the last 45 years, leaving citizens facing further short-term increases in man-made pollution.
Tigo Tanzania, has launched a service that allows all Tigo Pesa customers to send and receive cash on their mobile money wallets from M-PESA in Kenya, MTN in Uganda and MTN and Airtel in Rwanda.
[Uganda] AfDB places Zhongmei Engineering on 12 months conditional non-debarment for fraudulent practice
The African Development Bank (AfDB) has announced a 12-month conditional non-debarment of Zhongmei Engineering Group, an engineering company registered in Uganda.
Startup Genome has announced a partnership with the United Nations agency International Trade Centre to support and showcase the growing startup ecosystem in Kampala, Uganda.
Stakeholders working within the potato sector in Uganda are confident about the wide adoption of a new bioengineered late blight resistant potato.
A new programme, which aims to increase global investment in agribusinesses trading with smallholders, has been launched in Kampala, Uganda.
FSD Africa, FSD Uganda and BFA Global have launched a study that will track the income and spending habits of refugees to improve the products and services financial service providers deliver to refugees in Uganda.
The United Nations Capital Development Fund has partnered with digital services providers aimed at increasing access to and usage of digital services in the North and West Nile regions of Uganda.
MTN has confirmed that regulatory approvals have now been received for the disposal of its stake in ATC Ghana.
Oikocredit invests 1 million in African Clean Energy to support clean cooking, rural electricity access
Social impact investor Oikocredit has made a € 1 million convertible loan to African Clean Energy, a Certified B Corporation and social enterprise, to support the expansion of business operations in Uganda.