EAC

Best to postpone S. Sudan EAC bid

This month an East African Community (EAC) negotiating team was supposed to be in Juba to verify with various senior officials South Sudan’s application to join the economic bloc. Considering what is happening in South Sudan of late, all that seems unimportant. It is difficult to negotiate with a divided country anyway. This does not […]

EAC

EAC states agree to keep fair-share of budgets on infrastructure

  KAMPALA, Uganda–East African Community Partner States will maintain high budgetary allocations geared towards financing infrastructure development within their national borders. Hon. Monica Azuba Ntege, Uganda’s Minister for Works and Transport, and the Chairperson of the EAC Sectoral Council of Ministers for Transport, Communications and Metereology said that the ongoing infrastructure development projects were meant […]

EAC

Eight get SNV’s Innovation against Poverty funds

KAMPALA, Uganda—Eight local Small and Medium Enterprise companies from Uganda have received a total of 912,954 euros from SNV Netherlands Development Organization under the Innovation Against Poverty (IAP) Project phase2. The Innovation against Poverty (IAP) project phase2, aims at reducing and to improve the living conditions of the poor people in the community relying on […]

EAC

Inflation drops to 3.0% in Uganda

KAMPALA, Uganda–Uganda’s Annual Headline Inflation has dropped to 3.0% compared to 3.3% registered in December the new Inflation report from the Uganda Bureau of statistics has revealed. The decline in the Inflation according to Uganda Bureau of Statistics (UBOS) is attributed to  the drop in Annual Core Inflation to 2.6% compared to 3.0% registered in December […]

EAC

Equity Bank’s outs Biometric Card Solutions to allow refugees ac

KAMPALA, Uganda–Equity Bank Uganda in Partnership United Nations Capital Development Fund (UNCDF) launched the innovative Biometric Card Solutions that enables refugees access formal financial services securely. Equity Bank Uganda and UNCDF partnered to drive financial inclusion in Uganda under a program called Mobile Money for the Poor (MM4P). Equity Bank Uganda showcased the technology, process […]

EAC

Turkey-Africa discuss socio-economic development

ISTANBUL, Turkey—African Union member states and the government of Turkey are holding the Second Turkey-Africa Ministerial Review Conference  taking place Monday 12 February 2018 in İstanbul. The object of the conference is to review the preparations for the Third Turkey-Africa Cooperation Summit which will take place in Istanbul, Turkey in 2019 as well as review […]