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30-10-2014 23:52:00 | by: Administrator | hits: 6617661 | Tags:

AfDB and IsDB partner to boost agriculture and fight drought in Nigeria, Somalia and Uganda
21-11-2017 | 12:31:00
A joint initiative of the African Development Bank (AfDB) and the Islamic Development Bank (IsDB) will boost agriculture value chains and enhance drought resilience in Nigeria, Somalia and Uganda.
Opening of Mutukula one stop border post to boost trade between Uganda and Tanzania
16-11-2017 | 13:32:00
John Pombe Magufuli, President of Tanzania and Yoweri Kaguta Museveni President of Uganda and Amb. Liberat Mfumukeko, East African Community Secretary General have launched Mutukula One Stop Border Post (OSBP) located on the Uganda- Tanzania border.
East African Community receives $1.2 million from AfDB to finance multinational road between Uganda and Tanzania
15-11-2017 | 11:00:00
The African Development Bank East Africa Regional Resource Centre (EARC), and the East African Community (EAC) have signed a financing agreement of $1.2 million to finance the Project Preparation Phase of three key Multinational Road Sections between Masaka in Uganda to Kumunazi in Tanzania.
Aon completes sale of businesses in six sub Saharan African countries
09-11-2017 | 10:00:10
Aon Plc the global professional services firm providing a broad range of risk has confirmed it has completed the sale of its shareholding in its employee benefit, insurance and reinsurance brokerage operations in Kenya, Lesotho, Malawi, Namibia, Uganda and Zambia.
Jumia Uganda partners with Barclays to introduce card-on-delivery payments for customers
08-11-2017 | 11:24:07
Online shopping firm, Jumia Uganda has partnered with Barclays to introduce the card-on-delivery payment option for customers in Kampala.
China offers Uganda $30m grant to support customs modernization
07-11-2017 | 07:23:00
The Government of the People’s Republic of China has agreed to support customs modernization project in Uganda with a grant worth $ 30m.
Mastercard, FSD in joint drive to strengthen financial inclusion in Uganda
02-11-2017 | 12:27:00
Multinational financial services corporation, Mastercard and Financial Sector Deepening Uganda have partnered to develop financial services and solutions that will improve livelihoods of Ugandans.
Uganda and Iran discuss commercial diplomacy, trade and business
30-10-2017 | 08:44:00
Uganda’s Minister of Foreign Affairs, Hon. Sam Kutesa has said that the private sector is the key driver for sustained economic growth which Uganda continues to promote in both domestic and foreign direct investment.
Investors hiring expats in Africa must demonstrate importance of skills - Bowmans Law Firm
26-10-2017 | 10:46:00
East African countries are grappling to balance two sometimes conflicting needs. On the one hand, they want to encourage foreign investment. On the other, they want to ensure that local skills and labour are not displaced by imported skills.
AfDB launches pilot programme to cultivate the savannah in eight African countries
20-10-2017 | 08:58:00
The savannahs of Africa cover a mind-boggling 600 million hectares, of which 400 million hectares are cultivable, the President of the African Development Bank, Akinwumi Adesina, has said.
Building Energy inaugurates its first photovoltaic power plant in Uganda
17-10-2017 | 09:35:51
Building Energy, multinational company operating as a Globally Integrated IPP in the Renewable Energy Industry, announces the Inauguration of the Tororo Solar Plant, its first photovoltaic system in Uganda.
Oranto Petroleum signs exploration agreements for two licenses in Uganda’s Lake Albert
11-10-2017 | 08:14:00
Oranto Petroleum has signed two production sharing agreements (PSA) in the Ngassa Shallow and Deepwater Play of Lake Albert in Uganda.
GroFin and USAID East Africa Trade and Investment Hub partner to increase access to finance for East African agribusiness SMEs
10-10-2017 | 13:35:00
GroFin, a development financier which specialises in providing finance and support to small and growing businesses, has received a grant from USAID East Africa Trade and Investment Hub.
StatesDuka debuts in East Africa with budget online shopping model
05-10-2017 | 16:08:44
Statesduka.com is the first budget online shopping and shipping website serving Kenya, Tanzania, Uganda, Rwanda, Burundi and South Sudan.
SAP Skills for Africa delivers 52 skilled graduates to drive digital transformation in East Africa
04-10-2017 | 08:12:00
Digital transformation initiatives in East Africa received a welcome boost as 52 skilled youth graduated from an expanded East African SAP Skills for Africa program.
Randell Torno appointed CEO of RESTANCE to lead East African economic development strategy
29-09-2017 | 11:35:26
RESTANCE, Inc has announced a new Chief Executive Officer to lead the Company's East African Economic Development Strategy.
A bright future for Ugandan oil and gas sector, Siemens predicts
28-09-2017 | 08:28:00
The International Monetary Fund recently stated that the oil reserves in Uganda may account for around four percent of the country’s economy annually in the next few years if managed well.
[Uganda] Mobile Money Transactions hit Shs44 trillion
25-09-2017 | 11:13:04
A report by Bank of Uganda found that the annual amount of money transferred through mobile money totalled Shs 43.83tn in 2016, up from Shs 32.7tn in 2015. This accounts for a 34 per cent jump in value.
Digital Marketing Masterclass in Kampala and Kigali
22-09-2017 | 09:39:00
Discover proven social media and digital marketing techniques that can boost your business online, increase your marketing impact and put digital, social and mobile into perspective.
New DNA technology seeks to save millions of Uganda and Tanzania farmers from effects of cassava disease
18-09-2017 | 14:06:00
Scientists at The University of Western Australia are using new portable DNA sequencing technology for the first time in East Africa to help farmers fight the devastating impact of crop disease.
South African Customs Union and East African Community deliberate on tripartite Free Trade Area market access
18-09-2017 | 11:03:11
South Africa has played host to the 11th bilateral meeting between Trade Ministers of the Southern African Customs Union (SACU) and the East African Community (EAC).
Heifer International, Sirolli Institute grow farming enterprises in Tanzania and Uganda
15-09-2017 | 14:06:00
Heifer International is working with the nonprofit Sirolli Institute to help farmers start or grow successful businesses.
Liquid Telecom upgrades East Africa Fibre Ring to 100G delivering faster speeds across the region
11-09-2017 | 13:34:00
Pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, has completed 100G upgrades to key routes on the East Africa Fibre Ring.
[Interview] Michael Leander, Founder and CEO, Markedu
11-09-2017 | 11:18:00
Attendees at the upcoming Digital Marketing Masterclass taking place in Uganda and Rwanda can win an iPad and other prizes. Africa Business Communities has asked Markedu founder Michael Leander what this event is all about.
Merck Foundation commits to long term partnership with Government of Uganda in building healthcare capacity
05-09-2017 | 11:02:00
Merck Foundation, a non-profit organization, and a subsidiary of Merck KGaA underscored their commitment to long term partnership with Government of Uganda to build healthcare capacity with special focus on diabetes, cardiovascular diseases, infertility and cancer.
Uganda’s first coffee auction set for January 2018
05-09-2017 | 08:07:06
Uganda Coffee Development Authority in partnership with the African Fine Coffees Association is set to provide specialty coffee training in preparation for the annual Taste of Harvest competition and the country’s first ever coffee auction.
[Uganda] Vule Airways set to take off at Entebbe International Airport
04-09-2017 | 11:53:39
A low-cost carrier, Vule Airways, is set to fly out of Entebbe International Airport starting November subject to regulatory approval from the Civil Aviation Authority.
[South Africa] The Department of Trade and Industry to assist black Industrialists find market in Uganda
28-08-2017 | 13:36:22
The Department of Trade and Industry (the dti) will take a group of Black Industrialists on an outward trade mission to Uganda from 18-23 September to assist them search for a market for their products and investments opportunities.
[Uganda] AgDevCo invests $450,000 in Talian Company to scale up operations
21-08-2017 | 11:31:03
AgDevCo, a social impact agribusiness investor, has announced a $450,000 debt investment into a Ugandan milling business, Talian Company Limited.
African Legal Support Facility weighs in on Uganda’s oil refinery project
21-08-2017 | 08:42:00
In late July, Uganda chose a consortium, including General Electric Co., to build and operate a crude oil refinery, which will eventually process oil from fields being developed by Total SA and Tullow Oil Plc
Radio is still king for Kenya and Uganda farmers
17-08-2017 | 08:41:00
A growing number of smallholder farmers in Kenya and Uganda continue to boost household incomes, improve nutrition and ease pressure on forests, thanks to interactive radio programmes.
TerraPay launches international mobile money transfers to Uganda
11-08-2017 | 09:30:00
TerraPay, the world's first mobile payments switch has successfully obtained an approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country.
Uganda, Tanzania commence work on construction of $3.5bn oil pipeline
08-08-2017 | 15:00:00
The leaders of Tanzania and Uganda laid a foundation stone on Saturday for the construction of a $3.55 billion crude export pipeline that would pump Ugandan oil for international markets.
Uganda picks GE, Saipem to build first oil refinery
08-08-2017 | 12:46:00
Uganda has picked a consortium including GE and Italian Saipem to build and operate the African country’s first oil refinery.
Centenary Bank and Mastercard announce plan to digitize Ugandan economy
21-07-2017 | 08:41:00
Centenary Bank and Mastercard have announced their multipronged approach to digitizing Uganda’s economy in support of the National Financial Inclusion Strategy.
SAP Skills for Africa launches East African chapter with participation from Kenya, Rwanda, Uganda, Ethiopia
19-07-2017 | 14:44:35
SAP Skills for Africa has launched its first-ever East African programme at an event held in Nairobi, Kenya.
[Uganda] United Bank for Africa rolls out Debit Mastercard in cashless payments drive
19-07-2017 | 08:33:00
United Bank for Africa (UBA) has announced the rollout of the Debit Mastercard card in Uganda to financially support its citizens.
Chinese enterprises commit to wildlife conservation in Uganda
17-07-2017 | 12:15:00
At a landmark forum co-hosted by the China Enterprise Chamber of Commerce Uganda (CECCU) and the Wildlife Conservation Society (WCS), CECCU declared that Chinese enterprises operating in Uganda would support wildlife conservation
East African musicians elaborate career ambitions on CNN African Voices
13-07-2017 | 09:30:00
East African musicians have been featured on the CNN African Voices as they elaborate their career ambitions and why they’re focusing on their roots for inspiration.
Court declines to stop East African Community member states from signing Economic Partnership Agreement
12-07-2017 | 07:32:00
The East African Court of Justice has declined to grant orders to stop East African Community Partner States which have not signed the European Partnership Agreement (EPA) not to sign the same.
iWayAfrica Uganda appoints Godfrey Sserwamukoko new managing director
03-07-2017 | 11:37:00
Leading converged ICT solutions provider, iWayAfrica Uganda, has appointed Godfrey Sserwamukoko as Managing Director and a board member with immediate effect.
[Uganda] Guaranty Trust Bank launches the GTBank Mastercard
30-06-2017 | 06:34:00
With focus on building a stronger financial payment sector and ensuring all citizens are financially included, Guaranty Trust Bank Uganda has launched the GTBank Debit Mastercard.
World Bank approves $40m to strengthen social risks management
22-06-2017 | 10:17:00
The World Bank’s Board of Executive Directors has approved a $40 million equivalent IDA credit* to the Republic of Uganda for the Strengthening Social Risk Management and Gender-Based Violence (GBV) Prevention and Response Project.
Uganda, Chinese consortium sign agreement on trade, livestock and transport projects
19-06-2017 | 16:28:15
Uganda and China have signed a Memorandum of Understanding three proposed investment projects ranging from trade, agriculture and transport.
SolarNow to open first branch in Kenya on June 20
19-06-2017 | 08:26:18
Uganda-based solar energy company SolarNow is due to open its first branch in Kenya on June 20th.
East Africa attracts Sh113.7b in private equity investments
15-06-2017 | 11:06:00
The East Africa region attracted more than Sh113.7 billion ($1.1 billion) funds from Private Equity (PE) between 2015 and 2016, a new study has revealed.
Uganda Bankers Association in partnership with Mastercard to strengthen financial services sector
15-06-2017 | 07:34:55
In support of Uganda’s National Vision 2040, Mastercard has signed a strategic partnership agreement with the Uganda Banker’s Association (UBA) to develop a framework that will strengthen the local financial services sector.
Z-One Holding and Tryba Energy to install a 10 MWp solar energy plant in Uganda
29-05-2017 | 08:56:06
ZT Energy and Tryba Energy of France through their local company, Emerging Power Uganda Limited has signed a Power Purchase Agreement with Uganda Electricity Transmission Company Limited, UETCL
Bet Lion gaming set for East African launch in August
26-05-2017 | 08:34:57
Victor Chandler is back. After a 3-year hiatus, his first foray is set to be as part of a new sports betting and gaming company to be called Bet Lion, focusing on East Africa and launching in August.
Uganda and Tanzania sign oil pipeline agreement
25-05-2017 | 13:45:28
President Museveni and President Magufuli have signed the East African Crude Oil Pipe Line Agreement(EACOP) as an expression of intent to go ahead with the construction of the1400km oil pipe line from Hoima to Tanga port.
[Uganda] BringCom Incorporated set to acquire Datanet
11-05-2017 | 10:00:34
BringCom Incorporated, a leading provider of connectivity solutions to developing countries, announced that it has reached a tentative agreement to acquire Datanet.Com, LLC.
China continues agribusiness investment in Uganda
09-05-2017 | 11:33:00
Tucked away over 50 kilometers north of the capital Kampala, Chinese technicians continue to set up the first agricultural industrial park in the East African country of Uganda.
Siemens signs power supply and transportation agreements with Uganda and Sudan
05-05-2017 | 07:53:39
Siemens will work more closely with the African countries Uganda and Sudan in the areas of power supply, industry, transportation and healthcare. The African states signed the corresponding Memoranda of Understanding (MoU) at the World Economic Forum 2017 in the South African city of Durban.
AFD, KAM provide green energy financing in East Africa
02-05-2017 | 12:43:53
Agence Française de Développement (AFD) in partnership with Kenya Association of Manufacturers (KAM) held a high level workshop on Sustainable Use of Natural Resources and Energy Finance Programme (SUNREF) East Africa to discuss among other things, the opportunities and challenges of SUNREF since its inception in Kenya in 2011.
EAC partner states undertaking reforms in implementing the Common Market Protocol, Scorecard
27-04-2017 | 11:08:49
The East African Community Partner States have undertaken a number of reforms over the past four years to facilitate implementation of the EAC Common Market Protocol, this is according to the East African Common Market Scorecard.
[Uganda] Largest East African solar plant receives 32,000 pieces of panels from Canadian Solar
26-04-2017 | 16:58:00
Canadian Solar Inc. one of the world's largest solar power companies, has announced that it has supplied 10 MW of PV Modules to Soroti Photovoltaic Plant in Uganda. The project is the largest of its kind in East Africa and was officially inaugurated at the end of 2016.
Uganda Registers Shs790b Surplus in Export Revenue
21-04-2017 | 14:26:33
Increased earnings from certain commodity exports have helped Uganda to record a surplus on its balance of payments of $222 million (Shs790b) during the quarter ended February 2017.
[Uganda] Electronic Single Window to cut 30 per cent cost for traders
13-04-2017 | 15:16:33
An additional 16 government agencies involved in clearing international trade documents will be linked to the Uganda Electronic Single Window (ESW) as phase two of the system commences.
Cross border trade between EAC member states and DR Congo eased with new agreement
10-04-2017 | 07:34:23
TradeMark East Africa (TMEA) has signed a Memorandum of Understanding with Democratic Republic of Congo (DRC) to facilitate projects that will improve cross border trade and enhance trade links between the country and East Africa Community member states.
African Development Bank finances upgrading and construction of roads to connect Kenya and Uganda
31-03-2017 | 22:02:00
The African Development Bank Group (AfDB) approved $253.0 million of loans to the Governments of Kenya $147.3 million and Uganda $105.7 million for the upgrading of 118 km road section connecting the two countries as well as the construction of the 32 km Eldoret town bypass, in Kenya
Rwanda railway line to delay until 2030 on Ugandan delay
30-03-2017 | 10:30:00
The much anticipated railway line in Rwanda will delay until 2030 – East African Legislative assembly members meeting in Kigali have said.
[Interview] Maria Auma, CEO, Blue Luxury Investments, Uganda
30-03-2017 | 09:45:00
Maria Auma is a Ugandan entrepreneur and investment specialist. Her company, Blue Luxury Investments, specializes in connecting investors with viable businesses.
Uganda in aggressive campaign to grow tourism numbers to four million by 2020
29-03-2017 | 16:05:00
Uganda has started an aggressive and marketing and promotion marketing campaign in order to increase tourist arrival from the current 1.3 million visitors to four million by the year 2020, according to Ephraim Kamuntu, the Minister of Tourism.
Airtel Uganda holds health camp in Kisoro district
28-03-2017 | 09:38:05
Airtel Uganda staff members in partnership with Hind’s Feet Project volunteers and other organizations offered treatment to the sick residents at Nyakabaya Primary School in Nyarusiza.
Ugandan Entrepreneur launches NoScrunchie in the UK, to empower African Caribbean Hair Businesses
27-03-2017 | 13:30:00
For years Leillah Sekalala struggled to find a consistently good salon for her Afro hair and would often find that her social circle had the same problem.
D.light reaches over 4800 off grid households with Pay-Go- Solar home system in six months
21-03-2017 | 11:38:41
With 120,000 units sold, almost all within the first six months of its October 2016 global launch, d.light's D30 Pay-Go solar home system is proving to be the fastest pay-as-you-go off-grid solar product to reach scale.
Mergers and Acquisitions action shifts from West to East Africa, report
13-03-2017 | 16:06:00
Despite market deal volumes being down by nearly a third for Africa Mergers and Acquisitions, M&A in 2016, international law firm Clifford Chance saw an increase in M&A instructions in Africa in the same period.
SureBüddy brings sponsored cover to Uganda with new insurance App
10-03-2017 | 16:00:00
SureBüddy, an android application that has today launched into market, brings sponsored insurance and insurance related products to Uganda.
Ciru Miring’u appointed head of East Africa operations at Nestlé
10-03-2017 | 08:19:24
Nestlé has announced the appointment of Kenyan, Ciru Miring’u as head of the company’s operations in Kenya, Uganda, Tanzania, Rwanda, Burundi and South Sudan. Ciru becomes the first local manager to head the East African cluster of the Swiss based world's leading Nutrition, Health and Wellness Company.
Uganda Securities Exchange launches online shares portal to entice investors
09-03-2017 | 08:14:39
The Uganda Securities Exchange has launched a digital self-service portal for its investors which has been viewed as a way of improving convenience for its customers in their quest for information while boosting efficiency.
Untapped potential for Ugandan beekeepers
08-03-2017 | 12:08:23
Despite the large economic potential for honey production, many beekeepers in Uganda fail to produce and market enough honey to make a living from it.
East Africa Business Council endorses Africa’s first ever cross cultural summit for CEOs
07-03-2017 | 06:45:00
The East Africa Business Council, the region’s umbrella body for the business community, has endorsed the premier summit in Africa targeting CEOs, Managing Directors and heads of public institutions in East Africa.
Uganda taxman rolls out trade facilitation programmes to ease cost of doing business
28-02-2017 | 08:13:10
The Uganda Revenue Authority (URA) has launched three customs trade facilitation programmes that will improve the ease of doing business in Uganda and the East African Community, and also promote trade and investment.
[Uganda] Merck and Uganda Ministry of Health empower Ugandan infertile women
27-02-2017 | 12:13:00
Merck, a leading science and technology company, today continues their commitment for the second year to empower infertile women in Uganda through improving access to information, health, change of mind-set and economic empowerment.
[Uganda] Automation of Entebbe International Airport to cost $9.5 million
23-02-2017 | 06:48:00
The Entebbe International Airport upgrade is set to cost $9.5 million according to figures from the Civil Aviation authority.
Microsoft East Africa and Liquid Telecom partner to accelerate cloud adoption in Africa
21-02-2017 | 10:24:21
Microsoft East Africa and pan-African data, voice and IP provider Liquid Telecom have announced a new partnership to develop the access and use of cloud services across the continent.
Kenya, Uganda and Rwanda in joint tourism drive
20-02-2017 | 07:12:32
In a move meant to easily reach and capture more tourists, Kenya, Uganda and Rwanda have come together to launch the first of its kind East African destination portal.
East African youth embrace agriculture as a side hustle, survey
16-02-2017 | 12:58:00
Millennials in East Africa are turning to Agriculture as a side business, a majority have attempted to turn their side hustle into their main focus borrowing starting capital from banks and relatives.
Drought pushing food prices up in East Africa, FAO
15-02-2017 | 06:13:00
Drought throughout East Africa has sharply curbed harvests and pushed the prices of cereals and other staple foods to unusually high levels, posing a heavy burden to households and special risks for pastoralists in the region.
[Uganda] Private sector gets government- backed fund to grow their businesses
06-02-2017 | 08:30:00
The Ugandan private sector now has a chance to access over $20 million Skills Development Fund to grow their businesses.