Addis Ababa, May 23, 2022: Ethiopia’s financial markets have been boosted by a series of announcements and commitments by Financial Sector Deepening (FSD) Africa, a specialist development agency working to strengthen financial markets across sub-Saharan Africa. Launch of FSD Ethiopia and partnerships with Ethiopia Investments Holding enhances efforts to deliver beneficial development and financial outcomes […]
Addis Ababa, May 18, 2022 – Ethiopia’s Ministry of Finance, the Ethiopian Investment Holdings and FSD Africa have today signed a cooperation agreement to establish the Ethiopian Securities Exchange (ESX). A Cooperation Agreement between the Ministry of Finance of the Federal Democratic Republic of Ethiopia, the Ethiopian Investment Holdings and FSD Africa will provide the […]
Makerere University Kampala 17/5/2022. First Lady and the Minister of Education and Sports, Mrs. Janet Museveni, expressed her joy and appreciation to God when laying the foundation stone for the reconstruction of the Makerere main administration building and the other projects underway that will enhance the institution’s prestige as a centre for higher learning and excellence. […]
By Moses Mugerwa, Uganda’s public transport has undergone some notable changes in the past decade or so. New technology, and use of smartphone apps has changed the way many Ugandans access boda boda and taxi services. E-hailing companies in Uganda such as Bolt, have now become major players in an industry that used to be […]
Nearly two years after the close to the 100-year-old iconic bell tower of the Makerere university administrative building was engulfed in flames and caused widespread public despair, First Lady Janet Museveni will today officially commission the works for its reconstruction and other projects. For decades, any mention of the ‘Ivory Tower’ has been synonymous with […]
Kampala – 3rd May 2022: Airtel Mobile Commerce Uganda Limited (AMCUL), the leading mobile financial solutions provider in the country, has today appointed Hon. Maria Kiwanuka as Board Chair. The appointment that was announced by Airtel Money Africa’s Group CEO, Mr. Vimal Ambat, is part of changes that have also seen AMCUL’s CEO, Mr. Aritho […]
Abidjan, 25 April 2022 – African Development Bank Group President Dr Akinwumi Adesina concluded a three-day official visit to Washington DC on Saturday. Alongside the Spring Meetings of the International Monetary Fund and World Bank, the visit included several bilateral engagements with stakeholders on African development. Adesina garnered broad strong support for a robust 16th replenishment of […]
Johannesburg, South Africa, 19 April 2022. Africa.com in partnership with The Coca-Cola Company launched the Women Heads of State Initiative last month, and as part of the initiative they are delivering unprecedented, free, open-enrollment, virtual training for women, early in their careers as government civil servants in any of Africa’s 54 countries. “Teresa Clarke, Chair […]
Back in October 2021 when the Dubai Expo 2020 officially opened, Sheikh Nahyan bin Mubarak Al Nahyan, the United Arab Emirates Minister of Tolerance and Coexistence and the Commissioner-General of Expo 2020 Dubai said: “As one of the fastest growing economies in East Africa and one of the country’s with the youngest population in the […]
KAMPALA, TUESDAY APRIL 14th, 2022: The Petroleum Authority of Uganda (PAU) has noted several media reports regarding air pollution from the Tilenga oil project activities in Buliisa District. The reports indicate that “community members from five villages neighbouring the oil Central Processing Facility in Buliisa District have petitioned the Ministry of Health complaining about the […]
Kampala, 13 April 2022. Equity Bank Uganda and the Uganda National Oil Company (UNOC), today, signed a Memorandum of Understanding, to facilitate and strengthen collaboration between the two entities in the areas of financing and enterprise development specifically for MSMEs, clean energy use and environmental conservation sectors. Also, financing will be supplied in support of farmers, […]
Kampala–April 13, 2022: The First Lady and Minister of Education Janet Museveni has commended Stanbic Bank for supporting government’s effort to skill young Ugandans through its annual National Schools Championship (NSC). Mrs. Museveni also lauded Stanbic Bank Uganda for working closely with the Ministry of Education to support schools manage the adverse effects of Covid-19 […]
KAMPALA, April 13th, 2022: As Uganda gears up to become a regional oil-producing economy, works on the critical oil and gas infrastructure have progressed significantly. This observation was made by Dr. Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury (PS/ST) while on a three-day working field visit to the oil and gas operational […]