Why Uganda can’t attain middle income status by 2020 Despite the government of Uganda’s efforts towards consolidating growth and social transformation, progress so far has been slow compared to the required milestones making it difficult to attain middle income status, according to Dr. Patrick Birungi, the Director for Development Planning at the National Planning Authority, […]
UAE Exchange Rebrands its Africa Operations as Unimoni UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced the rebranding of its Africa operations as “Unimoni.” The announcement was made by Promoth Manghat, Executive Director of Finablr and Group CEO, at an event held in Nairobi, Kenya, in the presence of […]
Ethiopian Power Authority partners with GE to Deliver 11 HV Substations Ethiopian Electric Power Authority has partnered with GE Grid Solutions to Deliver 11 HV Substations to Improve Access to Power. This is in alignment with Ethiopia’s Growth and Transformation Plan. GE’s Grid Solutions business has announced it has completed a $40M Electricity Transmission System […]
BY EABW REPORTER ABUJA, Nigeria- In line with its Economic Recovery and Growth Plan, especially its strategy to diversify the economy by making technology an enabler for forex revenue earnings, the government of Nigeria would be actively supporting Google’s Next Billion users plan intended to ensure greater digital access in Nigeria and around the world. […]
GE Power’s Grid Solution signs contract with Botswana Power GE Power’s Grid Solution business has announced that it has signed its first contract with Botswana Power Corporation (BPC), in line with aligning with Botswana’s commitment to provide energy users access to affordable energy services and improve its grid efficiency. The contract includes the design, supply, […]
BY PAUL TENTENA KAMPALA, UGANDA- Huawei has released its 2017 Sustainability Report demonstrating the initiatives undertaken in the year across four areas: Bridging the Digital Divide; Supporting Network Stability and Security and Protecting Privacy; Promoting Environmental Protection; and Building a Healthy Ecosystem. Over the past year, Huawei has actively benchmarked its operations against the United […]
BY EABW REPORTER KAMPALA, UGANDA- Panasonic Corporation, formerly known as Matsushita Electric Industrial Co Ltd is set to launch its new Africa headquarters recently relocated from Johannesburg to Cape Town. The company, whose Global headquarters are located in Kadoma, Osaka in Japan, was founded in 1918 as a producer of lightbulb sockets and has grown […]
BY PAUL TENTENA KAMPALA, UGANDA- Smile Telecom has announced that it will pay the OTT tax popularly reffered to as ‘Social Media Tax’ for its customers to keep them connected for the next three months. A statement from the company that was sent to East African Business Week said, “Following the introduction of OTT tax, […]
BY PAUL TENTENA NAIROBI, Kenya- Kenya needs a diverse energy mix to support its growth initiatives. The 1050MW Lamu power project will use GE’s ultra-super critical technology to deliver superior efficiency and lowest emissions. The project will guarantee that up to 30% of electricity produced in Kenya is reliable baseload power. This will be part […]
Africa’s Energy sector to get financial support from Korea BY SAMUEL NABWIISO The Government of South Korea has promised to support the development of the energy sector in Africa; the support will be channeled through the Korean- Africa Power facility the Korean-Africa Energy Investment Facility (KEIF). The support deal was reached on by the government […]
Call for Expression of Interest Soil Fertility and Plant Nutrition Expert Volunteer: Tanzania The African Fertilizer and Agribusiness Partnership (AFAP) is seeking an experienced Soil Fertility and Plant Nutrition Expert, as a volunteer in Tanzania, to assist in training of trainers from various organizations including: Fertilizer companies Extension officers Ministry of agriculture – Agro-Inputs section […]
BY EABW REPORTER KAMPALA, UGANDA- Stanbic Bank in partnership with key stakeholders in the Oil and Gas sector have augmented their commitment to promoting increased local content participation with the graduation of 34 SMEs as the first cohort in the recently launched business incubator. The Entrepreneur Development Programme is purposed to equip Ugandan SMEs with […]
KAMPALA, UGANDA- Rapid advancements in information communications technologies (ICT) over the past 20 years has substantially altered the ways in which people live, work, play and interact with one another. The World Bank’s World Development Report shows that ICT has a positive effect on a country’s economy, with a 10% increase in broadband penetration being […]