Uganda’s foremost businesswoman Amina Hersi Moghe was over the weekend crowned the Entrepreneur of the year of Africa by the respected European CEO magazine. Moghe, born in Kenya of Somaliland parents has been an inspiration to women in East Africa where she has employed over 5,000 people in her different companies. This is an additional […]
Today is Human Rights Day and the final day of the 16 Days of Activism Against Gender-Based Violence. It’s a day to remind us that everyone must play a vital role in championing human rights and protecting those in need. Children are the most vulnerable among us, completely dependent on others for their needs and […]
As Ethiopian Prime Minister Abiy Ahmed collects this year’s Nobel Peace Prize in Oslo, his country is at a crossroads. In one direction lies a democratic transition, via a successful general election scheduled for May 2020. The other path would lead the country to instability, ethnic violence, and possibly a return to repressive authoritarianism. For […]
Abhijit Banerjee and Ester Duflo, two of this year’s recipients of the Nobel Memorial Prize in Economic Sciences, are the latest among leading economists to remind us that gross domestic product is an imperfect measure of human welfare. The Human Development Index, published by the United Nations Development Programme, aggregates indicators of life expectancy, education, […]
Huawei has mounted a legal challenge to the Federal Communications Commission (FCC), seeking the court to overturn an unlawful order passed by the FCC on Nov. 22. The order bans carriers in rural America from tapping the Universal Service Fund (USF) to purchase Huawei equipment. In a petition filed in the United States Court of […]
As the holiday season draws closer, Ugandan travellers onboard Emirates can enjoy one of the country’s best-scripted films, Bala Bala Sese, a Ugandan movie on ice, Emirates’ award-winning entertainment system with over 4,500 channels of on-demand content. The movie is an unimaginable love story between a village belle, Margaret, played by Natasha Sinayobye and a […]
The French Development Agency (AFD) – represented by its CEO Rémy Rioux – and the Commission of African Union – represented by Albert Muchanga, Commissioner for Trade and Industry have signed their first Memorandum of Understanding worth EUr 1.5 million. The AFD-AUC MoU confirms that AFD will provide a grant devoted to the second priority […]
Emirates and Interjet Airlines have announced an enhanced interline agreement, which is set to open new routes and destinations for passengers travelling between Mexico, the Gulf and the Middle East and beyond. With a single ticket, Emirates’ passengers can now seamlessly connect via Mexico City onto Interjet flights to Leon/Guanajuato, Culiacan, Cancun, Chihuahua, Guadalajara, Merida, […]
Recent jumps in equity prices and bond yields suggest that recession fears are receding. But the global economic expansion cannot last forever, and when the next recession comes, central banks may not be adequately prepared to respond. Enhancing central-bank credibility to bolster the effectiveness of monetary policy is thus an urgent priority. Before the 2008 […]
The Uganda shilling continued its bullish trajectory against the dollar in Thursday’s trading session, boosted by ample dollar supply. Corporate dollar sellers raided the local FX market with hefty ticket deals in the morning session. Some dollar buying ensued later in the day that limited the unit’s gains to 3 shillings against its U.S. counterpart […]
Rainfall in East Africa from October to mid-November was as much as 300% above average across the Horn of Africa, according to the Famine Early Warning Systems Network. The areas hit hardest include parts of Ethiopia, Somalia, and Kenya, where most of the deaths have occurred. Floods have cut off West Nile from the rest […]
Without changing the approach towards the efforts to end hunger, Africa risks remaining as the only continent struggling with hunger by 2030. This is the view that was expressed by experts from the African Green Revolution Forum (AGRF 2020). The experts worry that Africa could still be importing a significant amount of food by 2030 […]
The European Union and COMESA have signed 8.8 million Euros Contribution Agreement to increase private sector participation in sustainable regional and global value chains through improved investment/business climate and enhanced competitiveness in the COMESA region. The funds will be used to implement the Regional Enterprise Competitiveness and Access to Markets Program (RECAMP), focusing on agro-processing, […]