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.
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.
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.
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.
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.
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.
SEACOM, has partnered with Raxio Data Centre Ltd, Uganda’s first carrier-neutral, enterprise-grade data centre scheduled to launch in Q1 2020.
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.
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.
Intertek renews contract with Uganda government for its Pre-Export Verification of Conformity to Standards Programme
Intertek has extended its contract with the Uganda National Bureau of Standards (UNBS) to continue to manage its Pre-Export Verification of Conformity to Standards Programme.
The Inter-University Council for East Africa has completed the process of selection of Incubation Centers to be hosted at four of the Africa Centers of Excellence.
A group of South African business people who participated in the week-long Outward Trade and Investment mission to Uganda returned home with glee after generating leads and securing deals from the East African Country.
Smile Telecoms, a Pan-African telecommunications group has appointed Mr. Ahmad Farroukh as Group Chief Executive Officer and Ms. Irene Charnley as Deputy Chairman, respectively, effective 1 June 2019.
Moody's assigns first-time local currency deposit ratings of B1 to Stanbic Bank Uganda with a stable outlook
Moody's Investors Service has assigned B1/Not Prime local currency long-term and short-term deposit ratings and B3/Not Prime foreign currency long-term and short-term deposit ratings to Stanbic Bank Uganda Limited.
The Kampala Capital City Authority (KCCA) has flagged off a new set of roads to two international firms to start construction work.
A South African Free State company, Basils Business Opportunities, is headed for Uganda to look for the export market for its agro-processing equipment that it is manufacturing at its Bloemfontein-based factory.
Sub-Saharan Africa construction activity is forecast to grow across the region, despite a number of significant risk factors that threaten to limit economic growth in the region accordin to Mace’s latest Market report.
The Ministry of Agriculture, Animal Industry and Fisheries in Uganda (MAAIF) has partnered with M/S Alvan Blanch and Colas Ltd to improve post-harvest processing systems in Uganda.
With the tenth-fastest growing economy in the world this year, Kenya is in the midst of a transformative period of economic growth and advancement.
4G Capital has commenced operations in Kalerwe and Nakawa markets in Kampala and will be expanding its operations across Uganda and is hiring staff now.
BRAC, the largest microfinance provider in Uganda, is transforming as a Tier 2 Credit Institution (CI) to broaden the range of financial services it provides to Uganda’s low-income communities.
IFC has entered into a $1.9 million agreement with Agent Banking Company of Uganda (ABC) for the development of a shared agent banking network to increase access to affordable financial services
Value of Kenya’s and Uganda’s ICT sector projected to be US$1.7billion and US$1.33billion, respectively, report
Mercy Corps and Moringa School, have launched an IT Skills Gap Report at the ongoing 4th edition of Nairobi Tech Week (NTW2019)
A 1.07 million euros climate change project aimed at building resilience of agriculture landscapes in Eastern Uganda, is set to be launched in June following the completion of preparatory activities.
National Aviation Services (NAS) Uganda has joined the Civil Aviation Authority’s efforts to combat climate change and reduce greenhouse gas emissions by introducing electric forklifts and tractors into its operations.
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.