Jumia, Africa’s most ambitious e-commerce experiment, is at a crossroads because of the unstable African E-Commerce landscape. According to Farouk Mark Mukiibi, a Retail Brands Strategist and Marketer, following a major investor exit, where Baillie Gifford offloaded a USD18 million…
During the inaugural ceremony of this year’s Brand Africa 100 awards in Addis Ababa, Ethiopia, Standard Bank Group emerged as the Most Admired Financial Services Brand in Africa! The announcement was made by Thebe Ikalafeng, the Founder of Brand Africa,…
Dfcu Bank has taken a significant step towards driving economic growth and transformation in Uganda with the launch of the dfcu Foundation. The Foundation, which was first established in 2017 as the Agribusiness Development Centre, has transitioned into a full-fledged…
The Executive Director of the Petroleum Authority of Uganda (PAU), Mr. Ernest Rubondo, has been awarded the prestigious SPE Africa Regional Director Special Award for his exceptional contributions to the Society of Petroleum Engineers (SPE) and the advancement of the…
The African Development Bank Group has a new president, Dr. Sidi Ould Tah, who was elected by the Bank’s Board of Governors on May 29, 2025. Dr. Tah will assume office on September 1, 2025, for a five-year term, succeeding…
Uganda’s thriving dairy industry is celebrating a momentous breakthrough, poised for an extraordinary transformation following Algeria’s pivotal decision to import Ugandan milk. This landmark development signals a new chapter of prosperity and growth for a sector vital to the nation’s…
A Paris court held a crucial hearing this week in a campaigner’s bid for accountability from French energy multinational TotalEnergies over its contentious oil project in Uganda. The East African Crude Oil Pipeline (EACOP) project, which is under the leadership…
As the world marks Menstrual Hygiene Day on May 28, Ecobank Uganda is taking significant strides to address period poverty and promote girls’ education. The bank has been actively supporting the Keep a Girl in School (KAGIS) initiative in partnership…
Castle Placement LLC, a premier private capital investment bank, has been mandated to raise US$5 billion (about Shs18.2 trillion) for 1Stock Limited, an investment management company registered in Uganda. The funding will be used to support large-scale infrastructure developments across…
The Uganda Bankers’ Association (UBA) has officially inaugurated the UBA Agro-Industrialisation, Tourism, Mineral development, and Science (ATMS) Technical Working Group, with Stanbic Bank’s Executive Director and Head of Corporate and Investment Banking, Mr. Paul Bitature Muganwa, at the helm as…
The National Agricultural Research Organisation (NARO) has made a groundbreaking achievement in the development of a new anti-tick vaccine, NAROVAC, which is set to revolutionise livestock farming in Uganda. The vaccine, developed by the National Livestock Resources Research Institute (NaLIRRI),…
Uganda’s aspirations to become an oil-producing nation have long been in the making. With the discovery of commercial oil reserves in the Albertine Graben nearly two decades ago, the country embarked on a journey towards energy self-sufficiency and economic independence.…
The Kenya Commercial Bank (KCB) Uganda has taken a significant step in supporting the growth and resilience of Uganda’s energy industry by unveiling two new products specifically designed for the oil and gas sector. The products, launched during the KCB…
In a significant milestone for Uganda and African women, Dr. Patricia Ojangole, the Managing Director of Uganda Development Bank (UDB), has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI). This appointment is a testament to Dr.…
Uganda Airlines is set to benefit significantly from a new partnership with the Nigerian government, UNDP (United Nations Development Programme) Nigeria, and Nigerian Airlines, after it launched a dedicated Nigeria-East and Southern Africa cargo route. This partnership, which was unveiled…