The Ugandan government’s recent allocation of an additional Shs 115 billion to Atiak Sugar Factory has raised eyebrows among citizens, with many questioning whether the investment reflects value for money. This new…
IATF is a platform for boosting trade and investment in Africa and aims to tap into opportunities from AfCFTA’s single market of over 1.4 billion people and a GDP of over US$3.5…
Earning Guarantor of the Year, the Market Innovation Award, and African Deal of the Year reaffirms AFC’s expertise in attracting global capital to African markets Africa Finance Corporation (AFC), the continent’s leading…
The discovery of oil and gas reserves in Uganda has sparked a wave of excitement and investment in the country’s energy sector. As the sector continues to grow, it is rapidly developing…
In a strategic move to expand its market share, Nile Breweries Uganda Limited has endorsed a distribution agreement with Red Bull and Charms, becoming the official distributor of Red Bull products in…
The Bank of Uganda, headed by Governor Dr. Michael Atingi-Ego, is taking a significant step towards promoting environmental sustainability by drafting a policy framework that will regulate the impact of banking institutions…
Africa’s Largest Tech & Startup Show Expands, Introducing Industry-Defining Innovations, Global Exhibitors, and Cutting-Edge Digital Initiatives Under the High Patronage of His Majesty King Mohammed VI, May God Assist Him, the Ministry of…
The East African Development Bank (EADB) has embarked on a search for a new Director General, following the departure of Ms. Vivienne Yeda. As the search continues, Mr. Bernard Paul Mono has…
The government of Uganda has allocated Shs60 billion towards the completion and operationalization of the Coffee Value Addition Plant in Ntungamo District. The Coffee Value Addition Plant, being overseen by Nelson Tugume,…
The Bank of Uganda (BOU) is set to introduce sweeping changes to Uganda’s mortgage finance sector with the upcoming Mortgage Refinance Institutions Bill, 2025. Once passed into law, this bill will empower…
Uganda’s Minister for Energy and Mineral Development, Ruth Nankabirwa, has emphasized the need for a sustainable mineral development policy to optimize the country’s natural resources. This call to action comes as Uganda…
Uganda Airlines Limited has strengthened its partnership with the UN Regional Service Centre Entebbe (RSCE) through the signing of a Master Travel Discount Agreement. This collaboration, which was signed by Mr. Paulin…
The Parliament of Uganda on Wednesday approved an additional payment of Shs298 billion to Enrica Pinetti for the construction of Lubowa International Specialized Hospital, bringing the total amount of funds sunk into…
The government of Uganda has set aside Shs. 166.5 billion in a supplementary budget to support the construction of the East African Crude Oil Pipeline (EACOP). This significant allocation aims to accelerate…
In a significant move towards promoting clean energy, Uganda’s Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa, launched the country’s first electronic vehicle (EV) charging station. Nankabirwa said during the launch…