Innovate Now, Africa first Assistive Technology (AT) Accelerator has announced its fifth cohort of innovators, ventures providing digital AT or using digital to increase access to AT products or services.
The recent entry of the Democratic Republic of Congo to the East African Community has heralded a new economic dispensation expanding the regional market.
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.
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.
The World Bank has appointed Mr. Keith Hansen as the new Country Director for Kenya, Rwanda, Somalia, and Uganda effective September 8, 2020.
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.
Ecobank Commercial Banking has launched its Ellevate Leadership Training Programme in partnership with the Global Business School Network (GBSN).
Yo Uganda Limited is a fintech company that is revolutionizing the payment landscape in East Africa.
French oil and gas major Total along with its partners has completed the final agreements required to build the $3.5bn Lake Albert development project in Uganda and Tanzania.
Swedfund annonce un investissement supplémentaire de 4,45 MUSD dans African Rivers Fund 3 (ARF 3), portant l'engagement total de Swedfund à 14,45 MUSD.
Swedish Development Finance Institution Swedfund announces an additional investment of 4.45 MUSD in African Rivers Fund 3 (ARF 3) increasing Swedfund’s total commitment to 14.45 MUSD.
Pour l'économie numérique en pleine croissance dans les villes et les zones rurales d'Afrique, Axian Telecom offre un accès Internet sécurisé et fiable et des services financiers numériques en Tanzanie, à Madagascar, au Togo, au Sénégal et en Uganda.
For the growing digital economy in African cities and rural areas, Axian Telecom offers secure, reliable Internet access and digital financial services in Tanzania, Madagascar, Togo, Senegal and Uganda.
AGRA and AIM for Climate announced partnership to accelerate investments for climate-smart agriculture
The Alliance for a Green Revolution (AGRA) and Agriculture Innovation Mission for Climate (AIM for Climate) announced partnership to accelerate investments and support for climate-smart agriculture and food systems innovation.
The Committee on Trade, Tourism and Industry has directed Uganda National Bureau of Standards (UNBS) to withdraw their distinctive marks on all the energy drinks which have violated standards.
Goodlife Pharmacies raises $12m to increase access to quality medicines and healthcare services in East Africa
Healthcare and retail pharmacy chain, Goodlife Pharmacies, raised $12 million in debt financing from Proparco, the French Development Finance Institution, to increase access to quality medicines and healthcare services in East Africa.
Buy-now-pay-later (BNPL) company Lipa Later operating in Kenya, Rwanda, Uganda and Nigeria, has announced it will be offering all it’s employees 6-month paid maternity leave effective April 1st 2022.
Schlumberger announced it has been awarded an extensive contract for drilling, completions and production services by TotalEnergies for its Tilenga onshore oil development in Uganda.
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Africa Business Communities is looking for Freelance Business and Tech Journalists, Bloggers in Nigeria | South Africa | Ethiopia | Uganda | Ghana
The expansion of Nigerian fintech Paga to Ethiopia through a partnership with the Bank of Abyssinia is the latest in a growing list of digital financial services investments in the region.
[Uganda] Refugee communities still prefer using cash despite an increase in mobile phone ownership, report
There is increased use of cash at home as refugees seek easy access to money in case of emergencies, despite the growth of phone ownership which supports mobile money transactions.
Airtel Mobile Commerce Uganda partners with Housing Finance Bank to enable customers access quick loans
Airtel Mobile Commerce Uganda, the provider of affordable and secure Airtel money platform, has partnered with Housing Finance Bank Uganda and digital lending platform provider YABX to enable Airtel Money customers access quick loans.
East African member states, private sector players and development partners have stepped up their investment in women-led businesses and SMEs in a move likely to impact cross-border trade and boost integration in the region.
Increased investment in agribusiness, energy and housing could grow Uganda’s economy, IFC - World Bank report
A report published by the IFC and the World Bank found that Uganda could grow its economy, create jobs, and strengthen its trade position in East Africa by increasing private sector investment in its agribusiness, energy, and housing sectors.
East Africa financial institutions are betting on tech to boost their offerings, grow their customers’ portfolio and stay afloat in a competitive market.
Tullow Oil announced that the Final Investment Decision for the Tilenga Project in Uganda and the East African Crude Oil Pipeline (EACOP), has triggered a contingent consideration of $75 million in relation to Tullow’s sale of its assets in Uganda to Total.
FAO partners with Agricycle Global to boost Kenya and Uganda youth enterprises in the fruit and vegetable value chains
Through this agreement, targeted beneficiaries will improve their access to market, as well as technology, such as solar driers/ dehydrators, and gain capacity development trainings on quality control of their produce.
[East Africa Business Week] Bob Koigi: What EU’s lifting of financial sanctions on Burundi means for EAC
The EU made the decision in the wake of deteriorating political situation occasioned by a disputed presidential election in 2015.
SEACOM, the pan-African telecommunications service provider, today announced it will acquire selected infrastructure assets from Africell in Uganda.
The timing coincides with the Uganda Tourism Board’s launch of their new marketing strategy “Explore Uganda, The Pearl of Africa”.
As the East African nations continue to make oil and gas discoveries, investors and multinationals are pitching tent in the region on an exploration binge with governments betting on the newfound resources to grow national and regional economies.
TotalEnergies, partners announce launch of Lake Albert Resources Development Project in Uganda and Tanzania
TotalEnergies and the Lake Albert Development Project partners announced the final investment decision and the launch of the project in Uganda and Tanzania, representing a total investment of approximately $10 billion.
Liquid Intelligent Technologies welcomes the landmark decision made by the Independent Communications Authority of South Africa (ICASA) concerning the porting of non-geographic numbers.
An increase in submarine cable activities and fiber connectivity is attracting more investments in East Africa while opening up the region to the world.
Among the provisions of the National Payment Systems Act, 2020 is a requirement for all payment system operators to apply for and qualify for licensing after having satisfied a meticulous process applied by the Central Bank.
GCC Services, the integrated remote site services provider, has been selected by engineering and construction company McDermott, to provide camp services for the Tilenga project upstream facilities in the Lake Albert Basin of Uganda.
Based on its strategy to provide new tech opportunities for youth and further expand e-commerce, Jumia, the e-commerce leader in Egypt, officially announced the launch of the new Tech Center in Alexandria Governorate.
MTN Mobile Money Uganda, a 100% duly owned subsidiary of MTN Uganda, announced the appointment of Richard Yego as its Managing Director.
Proparco is collaborating with South Africa's third largest bank by assets, Absa Bank Limited, by granting it a senior loan of $20 million to contribute to its support plan for Corporate SMEs in the context of the continuing Covid-19 crisis.
As the East African Community, EAC, member states eye innovative ways of deepening integration and trading more with each other, the bloc and individual countries are putting in place mechanisms, policies and legislation that seek to address longstanding hiccups that have put the brakes on seamless regional trade.
[Uganda] MTN MoMo Launches an overdraft facility that enables Customers transact beyond their MoMo wallet balances
[Uganda] MTN MoMo Launches an overdraft facility that enables Customers transact beyond their MoMo wallet balances
Equity Bank Uganda has officially launched the Equity Leaders Program (ELP) by admitting its first cohort of 123 top-performing scholars from the 43 Districts where the Bank has a branch presence.
According to the BOU Monetary Policy Report, higher global growth is good for Uganda since her export markets will demand more of her commodities and services.
Uganda Airlines is planning to acquire its first narrow body jets, interim chief executive Jenifer Bamuturaki has disclosed.
Nairobi has agreed to lift barriers that hindered the sale of poultry products from Uganda, a move that will also see Kampala delay its proposed retaliation ban on Kenya’s agricultural produce.
As the internet increasingly redefines human relations and penetration takes shape across Africa, the East African region is tapping into the numerous benefits that comes with connectivity.
[East Africa Business Week] Bob Koigi: East Africa positions itself as investment destination of choice
The East African community continues to live up to its billing as a prime investment destination for investors.
MTN Uganda Limited announces that it will proceed with the listing of its 22.4 billion ordinary shares on the Uganda Securities Exchange (USE), with trading commencing immediately.
UNICEF and Liquid Intelligent Technologies launch partnership to help Giga bridge the digital divide in Africa
UNICEF and Liquid Intelligent Technologies, a business of Cassava Technologies, a pan-African technology group, announced a partnership in support of Giga’s work to connect every school to the Internet and every young person to information, opportunity, and choice.
By incorporating financial stress monitoring into risk management processes, EWS enables an early assessment of and response to borrowers experiencing financial stress to help reduce the risk of over-indebtedness.
Airtel Africa annonce que sa division enterprise, Airtel Business, a conclu un nouveau partenariat avec Cisco afin de fournir un accès Internet sécurisé aux petites et moyennes entreprises (PME) en Afrique.
The partnership will enable MTN Mobile Money Uganda Limited in facilitating international digital cross border remittances and speedy money transfers to beneficiaries in regions such as India and China.
DriveWealth's real-time fractional trading technology and API-based brokerage infrastructure will enable the Ugandan population to gain affordable access to investing in U.S. equities for the first time.
Africa’s business accelerator GrowthAfrica has kicked off a circular economy focused accelerator programme targeting innovative ventures across Kenya, Uganda, and Ethiopia.
Papa John's International announced its expansion into Sub-Saharan Africa with its newest franchise partner Kitchen Express LTD, a subsidiary of AAH Limited, the majority shareholder of Hass Petroleum Group.
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
Liquid Intelligent Technologies launched OneVoice for Cloud PBX offering in six key African markets. This is part of the organisation’s investment as it partners with its customers in their digital transformation journeys.
Kenya’s Capital Markets Authority (CMAK) has provided its ‘no objection’ for The MTN Uganda Initial Public Offering (IPO) to be marketed in Kenya, allowing the marketing of the shares to both Professional Investors and Retail Investors.
Irvine Partners, a multi-national public relations and integrated marketing agency, has been awarded the Spotify communications account in Sub-Saharan Africa.
The National Institutes of Health (NIH) is investing about $74.5 million over five years to advance data science, catalyze innovation and spur health discoveries across Africa.
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.