Uganda is the biggest refugee-hosting nation in Africa
Industry Uncategorised

U.S. Gives US$83m Additional Assistance to Refugees in Uganda

The U.S. government and the American people are demonstrating their continued support for the refugee response in Uganda with nearly US$83 million in additional humanitarian assistance by the end of the U.S. fiscal year 2018. According to the U.S. Mission Kampala, the new funding includes a US$40 million contribution to the United Nations World Food Programme, […]

Egypt's Investment Minister Sahar Nasr (L) and President of the EIB Werner Hoyer (R) after the signing of the Kitchener Drain deal (Photo: eib.org)
Africa Industry Wellness

European Investment Bank gives EUR 214m to improve access to sanitation services in Egypt

The European Investment Bank (EIB) has signed a governmental agreement with the Egyptian government for EUR 214m to support the Kitchener Drain depollution project. The new financing is part of the EIB’s Economic Resilience Initiative (ERI) and will improve the sanitation and solid waste services for about 6 million people in the Nile delta region. The […]

Malnutrition continues to be a big problem in Africa
Africa Industry

Investors to explore US$82m worth of business prospects at first Nutrition Investor Forum in Africa

Leading business leaders, policy makers and prominent development campaigners joined over 200 delegates to launch the first ever Nutrition Africa Investor Forum in Nairobi, Kenya. High-level representatives from the World Bank, European Commission, International Finance Corporation, Kenya Commercial Bank, Graça Machel Trust and Bill and Melinda Gates Foundation joined the gathering focused on unlocking the business potential of […]

Industry

President Museveni commissions $125 million The Source of the Nile Bridge

President Museveni has today commissioned the The Source of the Nile Bridge which is estimated to have cost $125 million. The new bridge will reduce the heavy traffic that passes through the old Nalubaale Bridge, which was built in 1954. Addressing the media shortly before its commissioning, Uganda National Roads Authority Executive Director Allen Kagina […]

The Uganda shilling appreciated further against the U.S dollar on the last day of November closing at the 3715/3735 levels stronger than a previous close of 3720/3740
Industry

New Report Explains How Illicit Financial Flows are Affecting Uganda

Insufficient levels of financial transparency-globally and domestically-and government accountability in Uganda, coupled with a regulatory system that can incentivize financial crimes, are helping to drive high levels of illicit financial inflow and outflows in the country, which are undermining development efforts. These are factors identified in Global Financial Integrity’s new report titled A Scoping Study […]

Ethiopian Airlines aircraft
Africa Industry

Ethiopian to Resume Flights to Mogadishu After 41 Years

Ethiopian Airlines has announced that it will resume its flight to Mogadishu, Somalia, effective 2 November 2018. Talking about the resumption of the Mogadishu flights, Tewolde Gebremariam, Group CEO of Ethiopian Airlines, said: “It gives us a great pleasure to resume flights to Mogadishu, the capital of Somalia after stopping the service over four decades ago.  […]

Industry Insights

Could the Public Service Salary review process have caused Musisi resignation?

News started trickling in yesterday evening that the first-ever Executive Director of the Kampala Capital City Authority, which was founded in 2011 had resigned from her post effective December 15, 2018. She cited the challenges of failing to reconcile competing for political interests the KCCA strategic plans and policies. Musisi also highlighted the inadequate funding […]

dfcu Bank hands over Shs20 cheque to Prime Minister of Obwa Kyabazinga bwa Busoga
Industry Wellness

dfcu Bank gives Shs20m Towards Clean Water Access for children in Busoga

At least 4,000 children in Busoga region will have access to reliable, clean and safe water in the coming months following dfcu Bank’s contribution of Shs20 million towards a Clean Water initiative by the Obwa Kyabazinga bwa Busoga. The initiative seeks to invest in integrated and appropriate WASH solutions focusing on improving access to reliable, […]

People are designated as leaders because of their actions, rather than title alone, know that their success is measured by the success of their employees.
Industry Jobs & career

How to uncover employee potential

People are designated as leaders because of their actions, rather than title alone, know that their success is measured by the success of their employees. Such leaders know that if they foster an inhospitable environment, then only the hardiest of employees will flourish. The most skilful leaders uncover and help nurture individuals’ potential, using missteps […]

Africa Industry

African Development Bank showcases investment opportunities in Africa to Nordic investors

The African Development Bank, in a multidisciplinary team roadshows, has presented financial products and investment opportunities to Nordic investors to leverage more access to financing. The roadshows brought together more than 50 private sector companies, investors and government and public institutions in Norway, Sweden, Finland, and Denmark. The aim of the event was to bring […]

Uk has pledged to support education reforms in Egypt
Africa Industry

UK announces a £12 m fund to support education reform in Egypt

The United kingdom (UK) announced on October 15 that it will give £12 million to support education reform in Egypt through the United Nations Children’s Fund (UNICEF). The UK fund will include support for teacher training, through the ministry’s flagship education programme, and support children’s education in governorates across the country. Middle East Minister Alistair […]