Kampala 20th January 2023: Airtel Uganda, The Smartphone Network with the widest 4G coverage in Uganda, has today switched on 29 new masts in 12 districts as part of their commitment to deliver exceptional customer experience on the Airtel network that customers have been accustomed to. The additional masts are part of the growing physical […]
Author: Godfrey Ivudria
AfCFTA Key in Cushioning African LDCs from External Shocks
Addis Ababa, 19 January 2023 (ECA) – The Economic Commission for Africa (ECA) is supporting regional trade integration through the African Trade Exchange Platform (ATEX), a platform enabling bulk procurement of commodities. Speaking at a session on integrating regional trade during the regional consultation on LDC5 for Least Developed Countries (LDCs) in Africa and Haiti, […]
Africa’s Growth to Outpace Global Forecast in 2023-2024
Abidjan, 19 January 2023— Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024. This is higher than projected global averages of 2.7% and 3.2%, the African Development Bank Group said in Africa’s Macroeconomic Performance and […]
MultiChoice Talent Factory Welcomes Class of 2023
19 January 2023, MultiChoice Talent Factory (MTF) is excited to welcome 60 new students for its Class of 2023 in its 12 Month fully funded education programme, that develops emerging TV and film talent in Africa. The academy received thousands of applications across 13 countries in Africa, and after a rigorous selection process, 60 aspiring filmmakers […]
AfCFTA, an Opportunity for Africa’s Youth
Addis Ababa, 16 January 2023 (ECA) – The African Continental Free Trade Area (AfCFTA) is an opportunity for young people to accelerate Africa’s industrialization and economic transformation through entrepreneurship, youths say, calling for an enabling policy framework. Through its Youth Protocol, the AfCFTA recognises that young people can play a critical role in the achievement […]
AfCFTA Agreement will Boost Intra-African Trade and Industrialization
Addis Ababa, 18 January 2023 (ECA) – The implementation of the African Continental Free Trade Area (AfCFTA) should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the Economic Commission for Africa (ECA) Acting Executive Secretary, Mr. Antonio Pedro, has urged. “While the AfCFTA’s promise is high, that promise can […]
Encouraging the Holiday Makers to Exercise Entrepreneurship
Michael Jjingo, Ideas are easy; Implementation is hard. -Guy Kawasaki. We need to get our younger generation to start craving to own a business at a tender age. That way, we shall inculcate the passion for business management, call it job creation in the next generation, contrary to the expectation for jobs and employment. All […]
Uber resumes operations in Tanzania
Wednesday, 18 January 2023, Dar es Salaam – Uber has today announced the resumption of its services in Tanzania following a pause that was instituted in April 2022. Uber’s Head of East Africa, Imran Manji says, “We are excited to kick off the year on such a positive note by re-entering the Tanzanian market. We commend […]
Sleepwalking on Megathreat Mountain
Nouriel Roubini, DAVOS – A host of interconnected “megathreats” is imperiling our future. While some of these have been long in the making, others are new. The stubbornly low inflation of the pre-pandemic period has given way to today’s excessively high inflation. Secular stagnation – perpetually low growth owing to weak aggregate demand – has […]
Pinelopi Koujianou Goldberg on Inflation Targets, Deglobalization, US-China Tensions
Pinelopi Koujianou Goldberg, Pinelopi Koujianou Goldberg Says More… Project Syndicate: Last July, you criticized the prevailing approach to tackling inflation in the United States, arguing that interest-rate hikes would be “insufficient to rein in inflation in the short run” and “likely [to] increase unemployment over time.” Since then, the US Federal Reserve has continued to hike rates, inflation […]
Egypt’s Economic Crisis Is a Golden Opportunity
Rabah Arezki, WASHINGTON, DC – Egypt is on the brink of a financial and economic abyss. The portfolio inflows that fueled its sovereign debt market have dried up, repeated currency devaluations have driven the Egyptian pound off a cliff, and inflation is at 21%, following the rapid erosion of the country’s foreign-exchange reserves. After initially recovering from the COVID-19 pandemic, […]
dfcu Inspires Customers to Reach for More
KAMPALA, UGANDA – 18th January 2023: dfcu Bank has launched 12-week campaign inspiring customers to ‘Reach for More’ by taking advantage of its special financial packages to achieve their aspirations/needs conveniently during the new year. Under the campaign, the Bank is providing collateral free loans (unsecured loans) of up to UGX 250 million to customers […]
Charge Towards Gender Equality in Africans Mining Industry
16 January 2023: Top women in the mining industry will be at the forefront of the speaker list and discussions at the upcoming Investing in African Mining Indaba. The 2023 programme will see an exciting line-up of over 50 female speakers from around the world, including the President of Ivanhoe Mines and one of the 100 Global Inspirational […]