As pressure is mounting for countries to reduce carbon dioxide emissions, the government of Uganda has partnered with an investor to build a carbon-neutral refinery to meet the energy needs of the East African region. Most of the natural gas…
The Luxembourg Stock Exchange (LuxSE) and Rwanda Stock Exchange (RSE) have signed a long term Memorandum of Understanding (MoU) between the two institutions to improve cooperation. The event was held during a special Ring the Bell ceremony held in Luxembourg,…
When SafeBoda launched in 2015, it was the first ride-hailing company in Uganda and has been the dominant player ever since. It began as a community of drivers of motorcycle taxis, known locally as boda-bodas, who have been part of the…
Jumia is the largest online retail store in Uganda where they provide over three million authentic products at the lowest prices and unbeatable customer service. Earlier this week, Jumia Uganda officially launched the 9th edition of its annual tech-sale. Speaking…
Rwanda is being considered as host for the Trace Africa Music Awards, which are set to take place later this year. Earlier this week, Olivier Laouchez, the CEO Trace Music Group, visited the country with his team, where they checked…
Ecobank has won five prestigious awards at the Global Finance Treasury & Cash Management Awards 2022, including Africa’s Best Bank for Cash Management and Africa’s Best Provider of Short-Term Investments/Money Market Funds. In addition, Ecobank Cameroon, Ecobank Côte d’Ivoire and…
Spotify has started testing a new “Car Mode” interface with some users, the company confirmed. The test comes a few months after Spotify announced that it was retiring its simplified automotive interface called “Car View,” which displayed playback controls and your current…
The Bank reported Rwf31.7 billion in net revenue in 2021, up 24 per cent year-on-year, driven by an increase in net interest income of 20 per cent as well as a 69 per cent reduction in credit impairment charges. Net…
The Institute of Certified Public Accountants of Uganda (ICPAU) has published the list of licensed accounting firms and practising accountants as at 15 March 2022. There are 415 practising accountants and 260 accounting firms licensed to offer accounting services in…
Kenya’s Equity Group saw its net profit nearly double for the 12 months to December 31, 2021 on the back of a reduction in loan loss provisions and growth in interest income from lending to the government. Profit After Tax…
Digital credit providers (DCPs) in Kenya will have to disclose their sources of funds and provide evidence of the same following the coming into force of a law meant to regulate the sector. The new regulations published Monday by the country’s financial…
Cipla Quality Chemicals Limited (CiplaQCIL) has joined other stakeholders in drug manufacturing, storage, regulation and sales to participate in the East Africa Phartech Pharmaceutical and Healthcare Exhibition. Speaking on the sidelines of the launch of Uganda’s premier international exhibition, which…
Kyambogo University has partnered with China National Offshore Oil Corporation (CNOOC) for collaboration in the areas of internship, employment of graduates, Joint research, and technology transfer, among others. Prof. Eli Katunguka – Rwakishaya, the Vice Chancellor appreciated the opportunity since…
MTN Group has announced a new COO for its Nigerian subsidiary as part of changes in its subsidiaries to support execution of Ambition 2025 strategy According to a statement released by MTN Group, the telecommunications company announced senior leadership appointments…
Amber Group, a leading global digital asset platform, has appointed seasoned lawyer Ehsan Haque as its General Counsel for the Europe, Middle East and Africa region (EMEA). As Amber Group‘s General Counsel, Ehsan will work closely with Chief Operating Officer (COO) Wayne Huo…