Africa Opportunities

African Development Bank Approves $14.96 Million Project to Boost Women Entrepreneurs in Sudan

Abidjan, Côte d’Ivoire, 15 December 2020 – The Board of Directors of the African Development Bank has approved financing for a $14.96 million project to help women in Sudan access finance and grow their businesses. The Accelerating Women’s Entrepreneurship and Access to Finance (AWEAF) project will address capacity, financing, and knowledge gaps for Sudan’s women entrepreneurs. The […]

Africa Opportunities Wellness

Bill and Melinda Gates Call for Collaboration, Continued Innovation to Overcome Challenges of Delivering COVID-19 Scientific Breakthroughs to the World

Gates Foundation pledges additional $250 million to accelerate development and equitable distribution of COVID-19 tests, treatments, and vaccines to end the pandemic. SEATTLE – The Bill & Melinda Gates Foundation today announced it will commit an additional $250 million to support the research, development, and equitable delivery of lifesaving tools in the global effort against […]

Africa Opportunities

Africa Must Forge Strong Partnerships, Effectively manage its Abundant Natural Resources, to Rebuild Faster Post-COVID-19 – International Forum on African Leadership

“African leaders must be at their creative best to get the best partnerships on offer”- Lazarus Chakweras, Malawian President “Going forward, more transparent governance over natural resources must form a key component of financing Africa’s growth”- Dr. Akinwumi Adesina Abidjan, Côte d’Ivoire, 7 December 2020 – African countries must strengthen governance and international partnerships, while […]

Africa Investment

Uganda: African Development Fund Approves $71.5 Million in Loans for Road Upgrading Project

Improved access to schools, hospitals and farms expected to benefit 1 million people in southwestern Uganda Abidjan, Côte d’Ivoire, 3 December 2020 – The Board of the African Development Fund (ADF) has approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance […]

Africa Investment

Museveni Commissions Umeme Upgraded Mbale Substation

President Yoweri Museveni this afternoon commissioned Umeme’s upgraded multibillion Mbale Substation near Bugema. Mr. Selestino Babungi, the Umeme Managing Director, explained that the $17m (about sh64b) modern substation will now make electricity supply in eastern region more reliable resulting from the integration of the new transmission 50MW substation at the Mbale Industrial Park. He said […]

Africa Opportunities

Sokowatch launches East Africa’s first commercial electric tuk-tuks

E-commerce platform leads EV revolution to combat emissions and noise pollution in Kampala 2 December, 2020. Kampala, Uganda. Sokowatch, the innovative East African e-commerce platform, has announced the groundbreaking launch of electric tuk tuks to its delivery fleet in Uganda, making the vehicles the first to be used commercially in East Africa. Built and assembled by […]

Africa Opportunities

Hargeisa University and CYCU of Taiwan Sign Partnership Agreement

Universities of Hargeisa in Somaliland and Chung Yuan Christian University (CYCU) in Taiwan have signed an agreement declaring the two institutions “Sister Universities”. Somaliland representative to Taiwan Mohmad Haji witnessed the signing of the agreement The two universities will cooperate on research, exchange students and teachers program and  are expected to issue PhD publications. Among the areas the two institutions will […]

Africa Opportunities

Umeme Signs MoU with Directorate of Industrial Training (DIT) to Promote Skilling

Utility company Umeme Limited has signed a memorandum of understanding with the Directorate of Training (DIT) to promote skilling of underprivileged communities. The partnership aims to expand the scope of Pamoja project, a Umeme initiative which is aimed at building trust and developing productive linkages within while facilitating access to safe, clean and reliable power. […]