Absa Bank Uganda has officially handed over Sh400 million raised during the third edition of the Absa KH3 7 Hills Run, a yearly charity event aimed at supporting vulnerable girls …
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AfricaAFRICA NEWSBusiness PoliciesEconomyFinance & ServicesGOVERNMENTPoliciesUGANDA
Govt Warns Money Lenders Over High Interest Rates, Illegal Practices
Kampala, Uganda — The Government of Uganda has sounded a strong warning to money lenders operating illegally and charging exorbitant interest rates, saying such exploitative behaviour is worsening poverty and …
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Uganda’s homegrown tech brand, BLACK, is making waves in the electronics market once again. This Saturday, the pioneering Direct-to-Consumer (D2C) audio and wearables brand will officially open the doors to …
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BusinessFinance & ServicesFintechSales StrategyTelecommunicationsUGANDA
MTN Uganda to Split Mobile Money Arm into New Fintech Company to Meet Regulations, Attract Investors
MTN Uganda has announced a major restructuring plan that will separate its mobile money business, MTN MoMo, from the main telecom operations. The new move is aimed at turning the …
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AfricaDevelopmentEconomyPoliticsUGANDA
World Bank Resumes Funding to Uganda Nearly Two Years After Anti-LGBT Law Fallout
The World Bank has announced the resumption of funding to Uganda, nearly two years after suspending new financing to the country due to the enactment of the controversial Anti-Homosexuality Act …
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AfricaAgricultureDevelopmentEconomyEnvironmentInnovationTrade and CommerceUGANDA
Uganda Launches Africa Coffee Park to Boost Value-Added Coffee Exports under AfCFTA
Uganda has started a major project to improve its coffee industry and increase earnings from processed coffee products. The project, called the Africa Coffee Park, is being developed in Ntungamo …
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AfricaBusinessDevelopmentEastern AfricaEconomyEnergyInfrastructureINVESTMENTKenyaSouth AfricaTANZANIATransportation & LogisiticsUGANDAZAMBIA
TransCentury Returns to Profitability After Major Turnaround Strategy
TransCentury Plc, an infrastructure investment company based in Nairobi, Kenya, has returned to profit after facing financial challenges for several years. The company, which is listed on the Nairobi Securities …
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AfricaAFRICA NEWSCentral AfricaCongoDevelopmentEastern AfricaEducationEntrepreneurshipGhanaInnovationPress ReleasesTANZANIATechnologyTOGOUGANDAWestern Africa
JA Africa, Boeing Launch STEM, Entrepreneurship Programmes in Nigeria, Togo
Junior Achievement Africa and global aerospace giant Boeing have announced plans to launch two major STEM and entrepreneurship initiatives in Nigeria and Togo aimed at equipping young people with the …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness InsightsCentral AfricaEconomyFinance & ServicesGhanaNigeriaUGANDAWestern AfricaZAMBIA
Ghana’s Cedi Strengthens as Nigeria’s Naira Holds Steady; Uganda and Zambia Currencies Show Mixed Trends
The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
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AFRICA NEWSEconomyEnergyEnvironmentEthiopiaFinance & ServicesKenya NewsMarketsPoliticsSecurityTANZANIAUGANDA
African Markets Update: Key Events and Economic Signals
African markets are navigating a busy day of economic indicators, political developments, and global trends on Thursday, May 8, 2025. From court decisions in Côte d’Ivoire to monetary policy announcements …