The agreement paves the way for support from the Islamic Development Bank to finance the second section of the 205-kilometer Mayo-Singako-Am Timan at an estimated cost of $275.5 million The African Development…
Afreximbank will finance the development and operationalisation of industrial parks (IPs) and special economic zones (SEZs) to bolster the country’s industrialisation and export manufacturing In a groundbreaking move that will redefine Kenya’s…
As Ugandan farmers battle prolonged drought and delayed wet seasons, experts emphasize that sustainable agriculture is the only lasting solution to climate change. Uganda, like many African countries, is increasingly experiencing drought…
Discussions centered on innovative strategies for mobilizing African capital, strengthening financial institutions, and leveraging the role of African Multilateral Financial Institutions (AMFIs) in financing critical development sectors On the sidelines of the…
Uganda is poised to undergo a significant economic boost with the impending oil production, courtesy of revenues from the Oil and Gas sector, according to the Petroleum Authority of Uganda (PAU), which…
The Stanbic Bank Economic Insights Forum, a premier event for business leaders, investors, and policymakers, is set to take place on Tuesday, March 11, 2025, in Kampala. This year’s forum will be…
This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) in financing a $750 million Infrastructure Climate…
Amatheon Agri Uganda Ltd. (AAU), a subsidiary of the Euronext-listed Amatheon Agri Holding N.V., has successfully restructured its EUR 20,000,000 convertible bonds and converted EUR 18.66 million in shareholder loans into equity,…
A Major Move in Uganda’s Fintech Space MTN Group Fintech has announced a strategic partnership with Network International as its official payment processor and issuing partner. This collaboration marks a significant step…
Diageo, a global leader in the beverage industry, has announced significant changes to its leadership team. Hina Nagarajan, the current Managing Director and CEO of USL, will take on the role of…
Airtel Uganda’s recent announcement of a record-breaking interim dividend of Shs100 billion for the quarter ending December 31, 2024, has set new benchmarks for shareholder returns while sending ripples across Uganda’s competitive…
In today’s fast-paced business landscape, having a solid financial foundation is crucial for achieving long-term success. According to Lilian Katiso, Managing Director of Zaddock Associates, a well-planned financial strategy serves as the…
Gil Holzman, President & CEO, Eco Atlantic Oil & Gas, will speak at the Invest in African Energy Forum 2025 in Paris, following the company’s recent expansion in the Orange Basin and…
In a bold move to mitigate the devastating effects of climate change, Uganda Breweries Limited (UBL) has demonstrated its unwavering commitment to environmental sustainability. Through innovative energy solutions and reforestation initiatives, UBL…
In a historic move, President Paul Kagame has appointed Dr. Soraya M. Hakuziyaremye as the first female governor of the National Bank of Rwanda (BNR), effective February 25, 2025. This appointment is…