AVIATION DIGEST | JARED KALERA | The airline business has always been a delicate and competitive affair worldwide. This is exemplified by the stiff competition that has of recent emerged for the Entebbe route, in the East African nation of Uganda. With the entry of seven new operators at Entebbe …
Read More »Mastercard opens office in Kampala
The new office is part of a broader strategy to expand footprint across Africa, with existing offices in Cairo, Casablanca, Johannesburg, Lagos, Nairobi, Port Louis, and Accra Kampala, Uganda | THE INDEPENDENT | Mastercard has opened its first office in Kampala, marking a significant milestone in its expansion across East Africa. …
Read More »EADB engages partners, showcases impact across member states
Kampala, Uganda | Julius Businge | In line with its mandate to promote sustainable and inclusive socio-economic development and regional integration, the East African Development Bank (EADB) has disbursed over USD 200 million to Kenya, Uganda, Tanzania, and Rwanda in the last five years through its lending operations, executives said on …
Read More »EU, EAC launch Shs 30bn projects to boost trade and integration
The new projects align with the EU’s broader strategy to support regional integration through the AfCFTA and the Team Europe Initiative Kampala, Uganda | THE INDEPENDENT | The European Union and East African Community have launched three strategic initiatives aimed at deepening regional integration, enhancing trade, and fostering inclusive economic growth. …
Read More »Battery storage is booming in Africa
As Africa shifts towards renewable energy, homes, businesses, and institutions are increasingly adopting battery storage systems to reduce reliance on the national grid. SPECIAL REPORT | BIRD AGENCY | Africa is experiencing a major boom in battery storage, as residential homes, businesses and institutions like hospitals and schools cut down …
Read More »Uganda’s coffee exports revenue rise to USD 115.02 million
Kampala, Uganda | THE INDEPENDENT | The Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) has reported that Uganda’s coffee export revenue has risen to USD 115.02 Million, in December 2024. Information from MAAIF indicates that Uganda exported 413,221 60-kg bags of coffee in December 2024, generating USD 115.02 Million in revenue, marking …
Read More »Mastercard Foundation’s approach to youth, women in Uganda
Kampala, Uganda | Julius Businge | Mastercard Foundation is committed to fostering economic opportunities for Uganda’s young people through targeted interventions in key sectors, according to Adrian Bukenya, the Country Director, who addressed journalists at a media roundtable in Kampala on Feb.6. Bukenya emphasized that the foundation’s approach is centered …
Read More »Experts share insights on microfinance and poverty alleviation
Kampala, Uganda | THE INDEPENDENT | While microfinance institutions are a vital source of credit for many businesses, experts are stressing the need for financial literacy to truly empower entrepreneurs and break the cycle of poverty. Jane Nalunga, Executive Director of SEATINI Uganda, says business training should be tailored to the …
Read More »African Airlines’ Annual Traffic Rises 13.2% in 2024 – IATA
Washington, US | AGENCIES | A report by the International Air Transport Association (IATA), has revealed that African airlines’ annual traffic rose 13.2 per cent in 2024 compared to the previous year. The report however put the total full-year traffic in 2024 (measured in Revenue Passenger Kilometers (RPKs) at 10.4 per …
Read More »Future-fit financing for African mining hinges on ESG
COMMENT | Dean Hack & Chetan Jeeva |The world is rewriting its rulebook. It’s no longer just about what you produce but how you produce it. For resource-rich regions like Africa, the implications are profound: the value of its vast reserves of critical minerals is now tied not only …
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