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.
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
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 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.
Online shopping firm, Jumia Uganda has partnered with Barclays to introduce the card-on-delivery payment option for customers in Kampala.
The Government of the People’s Republic of China has agreed to support customs modernization project in Uganda with a grant worth $ 30m.
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’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.
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.
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, 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 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
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.com is the first budget online shopping and shipping website serving Kenya, Tanzania, Uganda, Rwanda, Burundi and South Sudan.
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.
RESTANCE, Inc has announced a new Chief Executive Officer to lead the Company's East African Economic Development Strategy.
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.
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.
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New DNA technology seeks to save millions of Uganda and Tanzania farmers from effects of cassava disease
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
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 is working with the nonprofit Sirolli Institute to help farmers start or grow successful businesses.
Pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, has completed 100G upgrades to key routes on the East Africa Fibre Ring.
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
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 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.
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
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.
AgDevCo, a social impact agribusiness investor, has announced a $450,000 debt investment into a Ugandan milling business, Talian Company Limited.
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
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, 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.
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 has picked a consortium including GE and Italian Saipem to build and operate the African country’s first oil refinery.
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
SAP Skills for Africa has launched its first-ever East African programme at an event held in Nairobi, Kenya.
United Bank for Africa (UBA) has announced the rollout of the Debit Mastercard card in Uganda to financially support its citizens.
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 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
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.
Leading converged ICT solutions provider, iWayAfrica Uganda, has appointed Godfrey Sserwamukoko as Managing Director and a board member with immediate effect.
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.
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 and China have signed a Memorandum of Understanding three proposed investment projects ranging from trade, agriculture and transport.
Uganda-based solar energy company SolarNow is due to open its first branch in Kenya on June 20th.
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.
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.
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
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.
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.
BringCom Incorporated, a leading provider of connectivity solutions to developing countries, announced that it has reached a tentative agreement to acquire Datanet.Com, LLC.
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 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.
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.
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.
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.
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.
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.
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.
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
The much anticipated railway line in Rwanda will delay until 2030 – East African Legislative assembly members meeting in Kigali have said.
Maria Auma is a Ugandan entrepreneur and investment specialist. Her company, Blue Luxury Investments, specializes in connecting investors with viable businesses.
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 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.
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.
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.
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, an android application that has today launched into market, brings sponsored insurance and insurance related products to Uganda.
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.
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.
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.
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.
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.
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.
The Entebbe International Airport upgrade is set to cost $9.5 million according to figures from the Civil Aviation authority.
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.
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.
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 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.
The Ugandan private sector now has a chance to access over $20 million Skills Development Fund to grow their businesses.