Radisson Individuals Makes its African Debut with Hotel Signing in Ghana
Africa Investment Tourism

Radisson Individuals Makes its African Debut with Hotel Signing in Ghana

Radisson Hotel Group is proud to announce its first Radisson Individuals property in Africa, with the signing of Earl Heights Suites Hotel, a member of Radisson Individuals, Accra, Ghana.  Located in Dzorwulu, the property is currently undergoing a full renovation and is on schedule to open within this year. Just 5km from Kotoka International Airport […]

Energy Sector Players in a Drive to Improve Power Supply-Northern Uganda
Africa Industry Investment

Energy Sector Players in a Drive to Improve Power Supply-Northern Uganda

Energy sector players in a drive to improve power supply in Northern Uganda. Northern Uganda has experienced unprecedented growth over the past years which has come along with increasing demand for electricity. Given the escalating thirst for electricity, Umeme and other sector players including UETCL, UEDCL and REA are undertaking critical projects to improve supply […]

HDPE Pipe Factory Construction Takes Off in Ruiru, Kenya
Africa Investment Opportunities

HDPE Pipe Factory Construction Takes Off in Ruiru, Kenya

HDPE pipe factory construction takes off in Ruiru, Kiambu County started on February 15 after the county and national government authorities gave the nod. Megapipes Solutions Limited, the latest entrant in the Kenyan market proposes to construct a factory for manufacturing of HDPE Plastic pipes, namely double-wall structured HDPE pipes (Weholite) and solid wall HDPE […]

$965,000 Grant Boost to ESCO-African Development Bank’s (SEFA)
Africa Investment

$965,000 Grant Boost to ESCO-African Development Bank’s (SEFA)

Abidjan, Côte d’Ivoire, 17 February 2021 – The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) is providing a $965,000 grant to Morocco’s Société d’Ingénierie Energétique (SIE), to support its transition into the first Super Energy Service Company (ESCO) initiative in Africa.  “This support from the African Development Bank will enable the operationalization of […]

JPY 73.6 Billion Loan Agreement Signed by AfDF: Japan, ADB Group
Africa Investment

JPY 73.6 Billion Loan Agreement Signed by AfDF: Japan, ADB Group

Abidjan, Côte d’Ivoire, 17 February 2021 – The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) – the concessional arm of the African Development Bank Group – on Tuesday signed a loan agreement of 73.6 billion Japanese yen ($668.1 million) to support the 15th replenishment of the African Development Fund (ADF-15). During a virtual […]

Umeme on Stakeholder Engagement in Northern Uganda
Africa Industry Investment

Umeme on Stakeholder Engagement in Northern Uganda

Umeme a leading power distributor in Uganda has embarked on stakeholder engagement meetings with various stakeholders across the country, starting with Northern Uganda to explain the company’s planned projects aimed at improving power reliability in the communities. The main objective of the meetings was to inform customers in the districts of Lira, Gulu, and Kitgum, […]

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 […]

$24 Billion Award for Mozambique LNG Project
Africa Investment Opportunities

$24 Billion Award for Mozambique LNG Project

Abidjan, Côte d’Ivoire, 11 February 2021 – The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and the African Development Bank have jointly received the prestigious Global Multilateral Deal of the Year 2020 award by the print and online publication Project Finance International (PFI).  The project, the single largest foreign direct investment in Africa to date with […]

UIA Explains Land Acquisition in Uganda’s Industrial Parks
Africa Investment Opportunities

UIA Explains Land Acquisition in Uganda’s Industrial Parks

Any investor intending to acquire land in Uganda’s industrial park must have a registered company, an investment license, a comprehensive business plan, solid proof of financing, and a sketch map of land utilization. Uganda Investment Authority (UIA) Director for Industrial Parks development Hamza Galiwango added that fulfilling the above conditions leads to an investor getting […]

Over 900 MSMEs Training MoU by UIA & Uganda Insurers Association
Africa Agribusiness Investment

Over 900 MSMEs Training MoU by UIA & Uganda Insurers Association

By David Muwanga The Uganda Investment Authority (UIA) and Uganda Insurers Association signed a Memorandum of Understanding (MoU) aimed at creating an enabling environment for doing business in Uganda by especially strengthening the intersection between investment and insurance today at the Authority’s head office on Lumumba Avenue. Mr. Joseph Kiggundu, the Acting Director-General, Uganda Investment […]