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.
Stanbic Bank Uganda’s Chief Executive, Patrick Mweheire, has been appointed as the new Regional Chief Executive, effective 1st March 2020.
Uganda can create higher labor productivity jobs by improving trade, business environment, World bank
Uganda’s economy needs to gradually create more jobs for its fast-growing and youth population; to accelerate economic growth and drive transformation, these jobs will need to bring higher labor productivity, says a new World Bank report.
Japan’s Ambassador to Uganda, H.E Kazuaki Kameda has handed over 4,758 metric tons of rice for distribution to refugees and socially vulnerable people including those in communities hosting refugees.
The African Development Bank has released a $1 million grant to Uganda to help the East African country tackle an outbreak of the Ebola virus.
Uganda’s economy grew by 6.5 percent in FY18/19, maintaining the rebound in economic activity over the last two years, according to the latest edition of the Uganda Economic Update released by the World Bank today.
Cavin Mugarura is the CEO of Skooldesk, a startup redefining e-learning in Uganda.
Ian Sendagala is the CEO of eFoods Trade, an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers.
While about 18 million Ugandans are now able to access services via the internet, only a fraction of the 18 million are able to bank, pay school fees or utility bills.
The UN Food and Agriculture Organization (FAO) warned that the rising numbers of Desert Locusts present an extremely alarming and unprecedented threat to food security and livelihoods in the Horn of Africa.
Global mobile payments company WorldRemit saw a 43 per cent growth in remittances to Africa from higher income nations in 2019.
Opportunity2030: The Standard Chartered SDG Investment Map reveals a $197 billion opportunity for private-sector investors in five high-growth markets in Africa.
ZTE and MTN Uganda have jointly launched the first 5G SA network in Uganda and the first in East Africa.
Through a USD 10 million commitment to Metier Sustainable Capital International Fund II, Proparco has pledged its continuous support of renewable energy, resource efficiency and energy efficiency projects in Africa.
The International Trade Secretary announced at the UK-Africa Investment Summit that UK Export Finance (UKEF) has provided financing worth £620 million to support UK exports to Ghana, Zambia, Gabon and Uganda.
The UK is partnering with five African countries to mobilise private sector investment in quality, environmentally-friendly infrastructure projects, International Development Secretary Alok Sharma announces.
The Uganda Industrial Research Institute a company wholly owned by the government of Uganda has commissioned the Nyakihanga Fruit Processing Facility to add value through production of fruit juices.
IFC, the private sector arm of the World Bank has called on health tech innovators from around the world to bring their solutions to the East African market to meet the needs of patients and health care providers.
American Tower aquires Eaton Towers, enters agreement to acquire JV stakes in Ghana, Uganda from MTN
American Tower Corporation has announced that it has closed its previously announced acquisition of Eaton Towers Holdings, adding approximately 5,700 communications sites to its African portfolio.
4G Capital is pleased to announce the completion of its second round of fundraising. The investment was secured by a $2m debt facility from Ceniarth LLC, bringing the total raised to $4million.
The EU has announced additional €30 million for the project “AfricaConnect”, that will provide affordable, high-capacity Internet for research and education networks across Africa.
The third edition of the Mastercard Index of Women Entrepreneurs has listed three African countries as global leaders in terms of women-owned businesses.
The Governing Board of the OPEC Fund for International Development (the OPEC Fund) has approved US$310 million of new funding to benefit developing countries across the globe.
Zambia’s vice-president has recently called to reduce maize dominance and increase crop and diet diversification in his country.
JUA Technologies International, a Purdue University-affiliated startup developing solar-powered crop-drying devices, is partnering with BrazAgro Ltd., a supplier of Brazilian farm machinery, to distribute its solar-drying tray.
Many Tanzanian smallholder farmers fail to produce even 1 ton of maize grain per hectare. To improve crop yields, a farmer needs the right seeds and complementary inputs, including inorganic fertilizer.
The Australian Centre for International Agricultural Research (ACIAR) has launched a new project in six countries in East Africa to improve common bean varieties and provide shorter cooking time
Loon, the company that is preparing to launch balloon-powered internet in Kenya has announced that it has reached an agreement with the government of Uganda to operate in the stratosphere above the country.
World Bank approves action plan following inspection panel investigation of Uganda energy, water projects
The World Bank considered a Management Report and approved a Management Action Plan that respond to an independent Inspection Panel investigation of the Uganda Energy.
IFC and GAFSP announced a $11 million loan to Ugandan agribusiness company Grainpulse to support its expansion and strengthen its farmer supply chain, increasing food production and economic growth in the country.
Maher Maghraby, head of the Project of African Farms Egypt has announced that the country has started to establish three fish farms and an animal farm in four African countries.
Farmers rely on seed systems for access to high-quality, disease-free planting material at the start of the season.
HarvestPlus Uganda partners with BioInnovate to develop ICT platform for certifying sweet potato vines
HarvestPlus Uganda has been collaborating with the BioInnovate Africa project and the Ministry of Agriculture,to develop an ICT platform for certifying vitamin A orange sweet potato vines.
SEACOM, has partnered with Raxio Data Centre Ltd, Uganda’s first carrier-neutral, enterprise-grade data centre scheduled to launch in Q1 2020.
Scientists uncover origins of worlds deadliest strain of cereal rust disease threatening global food security
Researchers from Australia's national science agency, CSIRO, together with partners in the US and South Africa have solved a 20-year-old mystery by establishing the origin of a deadly wheat pathogen which threatens global food security.
Vivo Energy Uganda announced the addition of 16 new Shell service stations, expanding the Shell network countrywide and bringing the total number of service stations in Uganda to 152.
WeFarm, a farmer-to-farmer digital network currently in Kenya and Uganda has raised $13 million in a Series A round of funding, with plans to use the money to continue adding more users, farmers, and more services geared to their needs.
REACH Uganda applies market systems development approach to link rice and potato farmers to processors
Through a portfolio of business partnerships, REACH-Uganda project is applying a market systems development approach to link rice and potato farmers to processors.
Diamond Trust Bank (DTB), has joined African payment services provider DPO Group, and Mastercard, the global payments technology company, in the rollout of a business to business (B2B) virtual payment card in Kenya and Tanzania.
4G Capital has been named Silver Winner of the ‘Responsible Digital Innovator of the Year’ award at the Global SME Finance Awards held last in Amsterdam.
African projects from Kenya, Uganda, Mali and Ethiopia are among the 16 winners of The Global Resilience Partnership (GRP) innovation challenge whose focus is surfacing resilience solutions across Africa and Asia.
Tourism sector vital in East African Community, EALA calls for embrace of single tourism visa, report
A report of the Assembly on the Oversight activity on the Performance of the Tourism Sector in the region, wants the East African Community (EAC), to fastrack the conclusion of the EAC Protocol on Tourism and Wildlife Management.
Solidaridad has facilitated $3.15 million of financing for Ugandan tea processor Kayonza Tea Factory in the form of a long-term loan from social impact investor Oikocredit.
Serving 1.3 million customers in one of East Africa’s key economic hubs, Ugandan electricity distribution company, Umeme, plays a vital role in enabling the government’s Electricity Connections Policy.
African sustainability has never been 100 per cent African on its own initiative - that's where it becomes unclear who has benefited most from it.
Siemens is committed to supporting and developing young, African innovators; Siemens extends its Eskom Expo partnership to schools in Ghana, Kenya, Uganda, Tanzania and Ethiopia.
The African Export-Import Bank (Afreximbank) has, in Kampala, concluded the formalities for the take-off of its East Africa Branch Office in Kampala as it signed the two principal documents with the Government of Uganda.
MultiChoice Uganda has announced a new partnership with PEP Stores, a multinational retail company to bring DStv and GOtv products and services closer to subscribers in Kampala.
Andela, the Africa-focused software developer training and outsourcing company is laying off more than 400 developers from its hubs in Nigeria, Kenya and Uganda.
Bayer creates EUR 20 million social innovation ecosystem fund to spur entrepreneurship for African smallholder farmers
The Bayer Foundation launched its new EUR 20 million Social Innovation ecosystem fund by awarding EUR 3 million to four pioneering social innovators - myAgro, Mercy Corps, Path and Living Goods.
National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets, has renewed its IATA Safety Audit for Ground Operations (ISAGO) in Uganda.
The African Airlines Association (AFRAA) has this year welcomed four new member airlines in Kenya, Djibouti, Senegal and Uganda.
Grow Africa has announced the signing of 7 term sheets that will result in a total of over $200,000,000 of new investment in Malawi, Uganda, Eswatini, Nigeria and Côte d’Ivoire by 2023.
Irish exploration company Tullow Oil terminated its farm-down to Total and CNOOC in Uganda on 29 August 2019, following the expiry of the Sale and Purchase Agreements (SPAs).
Uganda’s Dr. Emma Naluyima, a smallholder farmers and veterinarian and Baba Dioum a policy champion and agricultural entrepreneur from Senegal have been named the joint winners of the 2019 Africa Food Prize.
In Uganda’s Bidi Bidi refugee camp, which houses more than 225,000 internally displaced people and refugees, adolescents and youths will soon be able to share their experiences through digitally drawn images.
Viga Interactive has expanded its footprint across the continent through partnerships with international companies and brands aimed at providing research and insights.
BABA TV, the highest-ranked new channel in the 'family' with the best quality picture has been launched on DStv platform in Uganda.
The United Nations Industrial Development Organization (UNIDO) will establish a training centre for operators of construction equipment in Luwero, Uganda.
Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda, has been awarded three standards certifications by the International Standards Organization (ISO).
When I envision AfCFTA, I see a continent where the cost of trade is cut by nearly 80 per cent. Having been in the importation business for over three years I will say that the one thing that eats up our profits the most was the importation taxes and duties.
Four women from Sub-Saharan Africa are among 20 female business leaders profiled in a publication by IFC, a member of the World Bank Group, for their professional success, despite facing formidable challenges.
Financial Intelligence Units (FIUs) of two COMESA Member States, Ethiopia and Uganda were among those recently admitted to the Egmont Group, a global financial network.
From intercropping, mulching to relying on indigenous knowledge, smallholder farmers in East Africa are developing resilient techniques to insulate themselves from changing weather patterns at a time when studies show they will be among the most affected in years to come.
After years of waiting, the African Continental Free Trade Area Agreement finally came into force. The objective of AfCFTA is to create a single continental market for goods and services, with free movement of business persons and investments.
DHL Express has launched a partnership with Teach For Uganda, to eradicate education inequity and promote educational opportunities for young people in Uganda.
Dimension Data which is part of NTT Group has been named the 2019 Microsoft Country Partner of the Year Award for Uganda.
The United Nations World Food Programme (WFP) welcomed a contribution of 5,000 metric tons of rice from the Government of the Republic of Korea to WFP’s refugee support operations in Uganda.
Uganda and DR Congo tax institutions have signed the Regional Electronic Cargo Tracking System (RECTS) standards operating procedures, marking the launch of the RECTs control centre extension to DRC cargo.
inDriver, an international online ride-hailing service has launched in Uganda. Uganda becomes its fourth African market after launching in Kenya, Tanzania and South Africa.
African businesses are currently making massive investments in things like machine learning and artificial intelligence tools and are using cloud and virtualized infrastructure to enhance service delivery
Chinese electronics firm, ENGO, has launched a phone manufacturing plant in Uganda, positioning itself in the country’s industrial sector to locally manufacture and assemble mobile phones, tablets, laptops, and computers.
Regional countries are set to increase market access for their agricultural products following the commencement of a new capacity building project.
Vivo Energy, the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants, has agreed to form a non-fuel joint venture to accelerate the roll-out of KFC restaurants in Kenya, Uganda and Rwanda.
afriQloud launches in Uganda, 15 African countries to follow in next year
SEACOM under its SEACOM Business brand has launched its Internet connectivity and cloud services directly to corporate customers in Uganda.