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.
Frankfurt-listed FinTech, MyBucks S.A. had secured a term loan facility arranged by Symbiotics S.A to finance SME lending in Uganda.
Caroline Gertsch is the Country and Programs Director of Amani Institute, founded in Nairobi, Kenya. The Institute commences a 5-month Leadership and Management program this year that is directed toward middle to upper level managerial trainings in Kampala, Uganda.
Geofrey Makavelli Ndobo is Sales & Marketing Manager at People Performance Group, a consulting, outsourcing and Human Resources company based in Kampala, Uganda.
A 24-year-old Ugandan software engineer has won the Africa Prize for Engineering Innovation.
A consortium led by SNV Netherlands Development Organisation is set to roll out a five year Climate Smart Agriculture programme in Kenya, Tanzania and Uganda following a €39.5 million,grant from The Netherlands Ministry of Foreign Affairs.
Act4Accountability (ACT4) and the Mastercard Foundation have announced the Diaspora Initiative to Support Youth Training Organizations ("DISYTO") in Nigeria and Uganda.
Under a pilot program, Winch Energy and iWayAfrica will deploy a remote solar kiosk, The Winch Hub (WH®), with integrated VSAT equipment to provide high-quality and affordable broadband connectivity.
Act4Accountability (ACT4) and the Mastercard Foundation have announced the Diaspora Initiative to Support Youth Training Organizations ("DISYTO") in Nigeria and Uganda.
Elton Mutize is a coach and consulting expert with progressive 14 years’ experience working in Financial Services, Property, Media, Manufacturing, FMCG, Internet of Things (IoT) and Management Consulting sectors in an Executive and Consulting capacity. He is the Founder and CEO of Paradigm, Uganda.
Thousands of MTN employees in 21 markets across Africa and the Middle East have launched the company’s annual employee volunteerism programme,
The Regional Communications Infrastructure Program aims to transform public service delivery using ICT to improve the lives of Ugandans
The clinic aims to support participating countries foster cybersecurity at the national and regional levels by identifying challenges and opportunities to move forward their cybersecurity agenda and develop a regional approach to solve cybersecurity challenges
Uganda will borrow US $84.73 Million from the Exim Bank of China to finance the National Science, Technology, Engineering and Innovation Skills Enhancement Project
Blockchain technology removes opaqueness in business and replaces it with total transparency says Uganda President Yoweri Museveni
Uganda Communication Commision is undertaking a comprehensive study to inform critical interventions related to promoting access and usage of ICTs by People With Disabilities
Ugandan innovation Matibabu tests for malaria quickly, accurately and without drawing blood wins Africa Prize for Engineering Innovation
Africa Business Communities will be coming to Uganda. This is an excellent opportunity to meet and network!
TradeMark East Africa and the Government of Uganda have signed a Host Country Agreement (HCA) extending their partnership to 2023.
[South Sudan] Infrastructure upgrades at Nimule One Stop Border Post set to ease clearance of humanitarian consignments
The Government of South Sudan in partnership with TradeMark East Africa have aunched construction works of key infrastructure at the Nimule One Stop Border Post (OSBP) including parking yard, access roads, examination shed and drainage systems.
Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda, together with the Chinese business community have held a business forum to discuss greater partnerships and investment opportunities in Uganda.
ITC launches Netherlands Trust Fund IV project to increase the competitiveness of technology companies in Uganda
The NTF IV project is designed to scale up companies, provide more end-to-end solutions, engage more start-ups, and ultimately be one of the key drivers of the development of Uganda’s IT sector
The GLACCNR coalition is ready to mobilise and work with host communities to resist plans by Uganda and the DRC to conduct oil activities in the Greater Virunga
German Businesses in Civil Security Technologies and Services to explore opportunities in Uganda and Rwanda
AHK Services Eastern Africa Ltd, the service company of the Delegation of German Industry and Commerce in Kenya (AHK Kenya), in conjunction with the German- African Business Association (Afrika-Verein) is organizing a business delegation trip to Uganda and Rwanda.
Through the Regional Communications Infrastructure Program (RCIP), a World Bank initiative, NITA-U has been able to access some funds to start building the Government Cloud.
Uganda’s economy is expected to grow at 5.5 percent this year, rising above 6 percent all through to 2019, according to the World Bank’s 11th Uganda Economic Update launched in Kampala today.
Electricity access rate in Kenya is the highest in East Africa according to the latest report from the World Bank tracking global achievements in sustainable energy for all.
Julius Mukunda, the executive director of CSBAG has urged citizens to put pressure on members of Parliament not to pass the 1% tax on mobile money tax proposal but embrace the Civil Society Organisations alternative proposal of increasing excise duty from 10% to 17.5% on withdrawal fees.
Uganda partners with Intelsat, ITSO and MTN to accelerate 3G network infrastructure deployment in rural areas
Intelsat S.A.,has announced that Uganda’s Communications Commission will utilize its satellite services to advance the deployment of 3G wireless communications infrastructure to communities in rural areas of Uganda.
Eastern Africa continues to grow rapidly. As a result, the region’s average per capita income reached $740 in 2016, double the figure ten years earlier.
In an effort to revamp Uganda Telecom or UTL, the government has agreed to source for a competent investor and extend its operating license for 20 years if it gets a decent investor.