Uganda Baati Unveils SafBuild
Africa Industry Investment

Uganda Baati Unveils SafBuild

Kampala 11th February 2021; Uganda Baati Limited, the preferred provider of quality building construction materials in Uganda has today, unveiled SAFBUILD. SAFBUILD is a new building solution designed to reduce property development delivery time and expenses incurred by contractors and customers. The new product, SAFBUILD, was unveiled by Dr. Chris Baryomunsi, Minister of State for […]

Prudential - Most Innovative Life Insurance Company in Uganda
Africa Industry

Prudential – Most Innovative Life Insurance Company in Uganda

Prudential Named Most Innovative Life Insurance Company in Uganda. Prudential Uganda has been awarded the most innovative life insurance company for the year 2020 at the inaugural Insurance Innovation awards organized by the Insurance Regulatory Authority (IRA). While recognizing the award, Arjun Mallik, Managing Director, Prudential East Africa said that the reason for innovation is […]

African Development Bank’s AAA Rating Outlook Stable - S&P Global         
Africa Industry

African Development Bank’s AAA Rating Outlook Stable – S&P Global         

  Abidjan, Côte d’Ivoire 01 February 2021 – Ratings agency S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank with a stable outlook. The ratings agency said its outlook reflected the expectation that the African Development Bank (AfDB) would, over the next two years, “prudently manage its capital while […]

Megapipes (Plastic Pipes) Solutions Confirmed as KEPPMA Member
Africa Industry

Megapipes (Plastic Pipes) Solutions Confirmed as KEPPMA Member

Megapipes Solutions Limited is now a member of the Plastic Pipes manufacturers of Kenya. KEPPMA confirmed Megapipes membership via a certificate awarded to the company. The membership is valid until December 2021 and will see Megapipes subscribe to the association’s code of ethics. Keppma is an entity that ensures plastic pipes manufactured in Kenya are of the right standards and specification. We work hand […]

Africa Industry

THE AFRICAN DEVELOPMENT BANK APPOINTS DIRECTORS GENERAL AND DEPUTIES

The African Development Bank Group is pleased to announce the appointment of Directors General for the East, Central and Southern Africa regions and Deputy Directors General for the East, Central, Northern, Southern and West Africa regions. Serge N’Guessan, Director General, Central Africa Region As Director General, Central Africa, Serge will drive and ensure the operational […]

Africa Industry

President Museveni Launches UGX 73 Billion Mukono North Sub-Station

President Yoweri Museveni has launched a new multibillion Mukono North power transmission substation in Mbalala, near Kampala. The President said the UGX72.5 billion power station would help spur industrialisation and job creation. The substation is expected to provide reliable power supply to more than 75 factories in the Mukono Industrial Zone, currently employing an estimated […]

Africa Industry

Umeme Completes $83.3 Million Planned Investment Amidst Challenges

Leading power distributor Umeme is closing 2020 on a high note after completing the $83.3 million planned expenditure despite challenges brought about by the COVID19 pandemic. Umeme spent $83.3 million (about ShsX310 billion) in 2020 to ramp up capacity enhancement and network stabilization programme in rapidly growing regions across its footprint. The money is part […]

Africa Industry Travel

Kenya Airways and Air France KLM Group Mutually Terminate their Africa Europe Joint Venture Cooperation

Nairobi, 19 December 2020…Kenya Airways and Air France KLM Group have agreed to mutually terminate their Africa-Europe joint venture partnership from 1st September 2021. The airlines had previously suspended the Joint Venture cooperation for the calendar year 2020 mainly due to the COVID-19 pandemic and subsequent unpredictability of return to normalcy in operations. Kenya Airways […]

Africa Industry

THE AFRICAN DEVELOPMENT BANK APPOINTS MR. SIMON MIZRAHI, ACTING DIRECTOR, COMMUNICATION AND EXTERNAL RELATIONS (PCER)

The African Development Bank is pleased to announce the appointment of Mr. Simon MIZRAHI as Acting Director, Communication and External Relations Department (PCER), effective 16 December 2020. Simon is a British national who joined the Bank on the 10th of May 2009, as Head of Results Management Division. Before joining the African Development Bank, he worked […]

Africa Industry

THE AFRICAN DEVELOPMENT BANK APPOINTS Ms. AISSA TOURÉ, COUNTRY MANAGER, RWANDA

The African Development Bank is pleased to announce the appointment of Ms. Aissa Touré as Country Manager for Rwanda. An economist and development expert, Aissa Touré, the Country Manager designated for Rwanda, a Senegalese national, brings to the Bank over 25 years of experience, working in three continents and 12 countries for 5 international organizations. Aissa’s […]

Africa Agribusiness Industry

FRESH DAIRY URGES CUSTOMERS TO EMBRACE ITS FREE HOME DELIVERY SOLUTION THIS FESTIVE SEASON

Kampala. Fresh Dairy, the leading dairy products producer in Uganda has urged its customers to utilize its boosted free home delivery services this festive season for the safe and quick delivery of both Fresh Dairy and Brookside products. The recently expanded home delivery fleet includes more tricycle Tuk Tuks and mobile vans and a dedicated […]