As part of its commitment to improving plastic waste management in the country, Plastic Recycling Industries Uganda Limited (PRI) an initiative of Coca-Cola Beverages Africa (CCBA) in Uganda, has today signed a partnership deal with three community-based plastic collection, management, and recycling companies namely Yo-Waste, Ecoplastile and Asante Waste Management. The newly signed partnership will […]
Uganda’s film makers are now breaking into the global film industry albeit at a slow pace. Going by some of the recent breakthroughs of local film makers like Loukman Ali, through the lenses of movie and drama series-lovers, one would imagine that Uganda’s film industry has greatly improved and transformed over the years. Contrary to […]
The UK’s DFI is entering into the Norwegian DFI’s Joint Venture with Scatec, a leading renewable energy solutions provider, to invest in hydropower projects across Africa in huge boost to continent’s renewable energy. The JV’s investments are expected to support the creation of 180,000 jobs, avoid at least 270,000 tCO2e of GHG emissions annually, and […]
Kampala, Uganda June 22, 2022—With just UGX600, 000 or USD166 investment, Stanbic customers are now able to acquire for themselves and loved ones, annual medical insurance cover of up to UGX20million—this, courtesy of Stanbic MediProtect, a joint offer by the bank and Prudential Uganda. MediProtect has no age-limit and is available to all Stanbic Uganda […]
The first batch of Techpreneurs who have leveraged technology to positively influence their communities has been identified by the judges in the ongoing Uganda Needs More of You Campaign. At the start of March, Airtel Uganda called upon ordinary Ugandans to submit their stories or nominate anyone who they believe deserves to be recognized for […]
Rose wore a flair of sophistication we admired from a distance. She was held in awe because she understood the language of money. She inched in closer and whispered to me “David, Cash creates a potential for it to be stolen even if someone is not a thief. Keep away cash” That’s all I remember […]
Professor Oramah said that Africa also needed to develop sectors which had not been fully exploited, such as the creative and cultural industries (CCIs), as those were among the fastest growing in the world, generating US$ 2.25 trillion (3% of global GDP), and employing more than 30 million people, They have the power to boost […]
Cairo, Egypt – For the third year running, the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) have partnered with African Business magazine for the Africa CEO Trade Survey. The survey aims to provide the African private sector with a unified voice in informing trade policy at the continental and regional level. At the report launch of […]
Providenciales, 16 June 2022—Economic ties between Africa and the Caribbean took a strong upward turn this week as the regions’ premier financial institutions—the African Development Bank and the Caribbean Development Bank—came together to advance their collaboration with one another. On Tuesday, African Development Bank Group President Dr. Akinwumi Adesina delivered the prestigious 22nd William G. Demas Memorial Lecture at […]
Nairobi: 16 June 2022 – Pan-Africa housing development financier, Shelter Afrique has received USD7.15 million in additional capital subscription from the Federal Government of Nigeria. · Additional capital subscription places Nigeria just one-percentage point behind top shareholder, Kenya. · The Company also received additional capital subscriptions from Swaziland (USD317,854.54) and Burkina Faso (USD34,610.00). The Additional stake now takes Nigeria’s […]
Kampala, June 15th, 2022 – In pursuit of the journey to build self-confidence, Movit brand has offered free hair makeover to visitors of the Mbarara trade show which happened in Kacheka main stadium in Mbarara city. Primarily, the brand provided hairdos to women who require an appearance transformation amidst product sampling. Speaking at the 9-day […]
In recent years, it has become the norm for the finance ministry to come up with a breathless theme to pivot the annual budget presentation. This year was no exception. The government is proposing to spend UGX48.1 trillion ($12.8 billion) for financial year 2022/23 under the theme, ‘Full Monetisation of Uganda’s Economy through Commercial Agriculture, […]
NAIROBI/ATLANTA, 14th June 2022 – Kenya Airways PLC and Delta Air Lines (NYSE: DAL) have expanded their codeshare partnership to additional markets within the U.S. and increased flights within Africa. The new agreement increases customers’ travel options to 19 cities in Africa and 25 cities across the U.S. and Canada. Kenya Airways will place its […]