Industry

Ecobank Wins Best Digital Strategy Award

BY EABW REPORTER KAMPALA, UGANDA- Ecobank won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony held at the Waldorf Hilton Hotel in London last week. Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in its ambition to be the top consumer financial services franchise […]

Industry

Uganda to grow by 5.5%- World Bank

BY PAUL TENTENA   KAMPALA, UGANDA–Uganda’s economy is expected to grow at 5.5 percent this year, rising above 6 percent all through to 2019, according to the World Bank’s 11th Uganda Economic Update launched in Kampala today. The improvement in performance, following two years of sluggish growth, is driven by agriculture and the services sectors. […]

Industry

Illicit money across Africa hits $100b

BY EABW REPORTER ADDIS ABABA, ETHIOPIA-  Experts have called for combined forces to stem the illicit movement of money and capital from one country to another amid revelations that illicit financial flows from Africa were stifling the continent’s development progress. Speaking at a high-level discussion during the UN Economic Commission for Africa’s (ECA) Conference of […]

Industry

Women in Artisanal Mining challenged by Culture

BY EABW REPORTER OTTAWA, CANADA-  Women who work in artisanal and small-scale mining (ASM) face economic, decision-making, legal and institutional exclusions due to cultural norms. This is the finding of a new report from the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF). ASM is a complex and diversified sector, ranging from informal […]

Industry Markets

Four new faces added to Umeme Board

BY PAUL TENTENA KAMPALA, UGANDA- Four people have stepped aside from the Umeme Ltd Board of Directorship role to pave way for new faces on the power suppliers’ board. During the Umeme Shareholders Annual General Meeting held in Kampala, Adrian Mucalov, Christopher Nicholson, David Grylis and Charles Chapman all stepped aside to have the inclusion […]

Industry Tourism

Ethiopian Airlines to fly to and from Manchester Airport

BY EABW REPORTER MANCHESTER, USA–Manchester Airport has secured a landmark route into the heart of Africa, underlining its pivotal role in connecting the North to the world’s most important markets. Ethiopian Airlines today confirmed it will operate a four-times-a-week service to Addis Ababa, the East African nation’s capital. The route will unlock connections to more […]