The Eleventh Session of the Africa Regional Forum on Sustainable Development (ARFSD-11) was marked by a vibrant Knowledge Fair and Exhibition jointly organized by the United Nations Agencies, Funds and Programmes and coordinated by the Knowledge Management team of ECA…
Uganda is taking bold steps to harness private capital as a driving force for economic transformation. According to Josephine Ossiya Okui, Chief Executive Officer of the Capital Markets Authority (CMA), the country has introduced significant reforms to facilitate private capital,…
A side event at the Eleventh Session of the Africa Regional Forum on Sustainable Development (ARFSD) brought together policymakers, economists, and development experts to address the critical challenges and opportunities facing Africa’s workforce in the context of climate change. Organized…
The National Organic Agricultural Movement of Uganda (NOGAMU) has reaffirmed its commitment to transforming Uganda’s food and agricultural systems by supporting organic producers, empowering women-led enterprises, and driving access to global markets through sustainable and ethical value chains. This commitment…
The Uganda Electricity Distribution Company Limited (UEDCL) has outlined its ambitious plans to promote industrialization and entrepreneurship in Uganda, following its takeover from Umeme Limited. Despite the challenges faced by the company, including power outages and complications with buying and…
The East African Crude Oil Pipeline (EACOP) project has taken a significant step towards recognizing and safeguarding the land rights of vulnerable ethnic groups self-identifying as indigenous peoples. In collaboration with the Akie community and Kiteto District authorities, EACOP has…
In a landmark regulatory development, Uganda’s Capital Markets Authority (CMA) has been granted new and far-reaching powers that could significantly reshape executive leadership in the country’s capital markets sector. The amendments, recently passed into law, allow the CMA to remove…
The Ministry of Finance, Planning, and Economic Development has announced the release of funds for the fourth quarter (Q4) of the 2024/25 financial year, alongside a positive outlook on Uganda’s economic performance. The press statement, delivered by Permanent Secretary Ramathan…
Uganda has been voted the Best Investment Destination in East Africa for the third consecutive time at the Annual Investment Meeting (AIM) Congress. This achievement is a testament to the country’s growing attractiveness to investors and the favorable business environment…
Uganda has secured €85 million (approximately UGX 340 billion) in development aid from France to significantly improve both water infrastructure and broader urban development in the Greater Kampala Metropolitan Area (GKMA), Finance Minister Matia Kasaija announced Wednesday. The loans, signed…
The Deputy Speaker of Parliament, Rt. Hon. Thomas Tayebwa has called upon investors and entrepreneurs in Uganda to stop treating insolvency with stigma, saying that this can only be achieved if they create awareness about liquidation. The Deputy Speaker made…
The United Nations Economic Commission for Africa (ECA) Executive Secretary, Mr. Claver Gatete, has emphasized that aid is no longer a viable solution for Africa’s development. Instead, he says the continent needs to adopt bold, transformative actions to drive growth…
African countries must invest in new and revamp old refineries to secure their energy future, according to Gloria Sebikari, Head of Corporate Affairs at the Uganda Petroleum Authority (PAU). This call to action emphasizes the need for harmonization between the…
In a groundbreaking move to transform the business landscape across Africa, the Afriexim Bank (Africa Export-Import Bank) is poised to unveil the first-ever African Trade Centre (AATC) in Abuja, Nigeria. This state-of-the-art business hub is designed to boost trade, support…
The Uganda Electricity Distribution Company Limited’s (UEDCL) recent 14% reduction in power tariffs has been welcomed throughout the country’s manufacturing sector. Manufacturers welcome the move by the entity under Paul Mwesigwa’s stewardship, which is seen as a significant step towards…