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NEWS ANALYSIS

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Uganda to lose 6% GDP to climate change

Poverty to increase as maize, beans are hit Kampala, Uganda | THE INDEPENDENT | Uganda will suffer significant economic loss if global warming is not limited to below 2°C, according to a new study by the Center for Global Development; a Washington D.C based think tank that focuses on international development. …

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Harnessing green energy in Mubende

Uganda Development Bank-funded solar plant will add 20MW to national grid Kampala, Uganda | IAN KATUSIIME | Tucked away in the hills of Mubende in Kyakasa village lies a solar power plant that is part of efforts aimed at powering Uganda’s energy transition. The Xsabo Nkonge power station with its gleaming …

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Peril or prosperity? The risks facing Mozambique’s long-awaited gas boom

From conflict and long deferred revenues to falling gas demand, there are many reasons to believe Mozambique’s LNG deal has become a liability. Maputo, Mozambique | AFRICAN ARGUMENTS | Ever since major natural gas deposits were discovered off Mozambique’s northern coast in 2010, there have been high expectations that the find will bring economic prosperity to …

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Namibia courts affluent global retirees, high net worth investors as Africa’s golden visas gain ground

Uganda, too, is keen on attracting foreign investment and is in the process of planning a citizenship-by-investment program to enhance FDI and provide opportunities for economic growth SPECIAL REPORT | BIRD AGENCY | Until recently, foreigners seeking Namibian residency through the country’s residency-for-investment scheme famously had to purchase real estate …

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Hailing 10 of Africa’s most spoken languages

SPECIAL REPORT | BIRD AGENCY | Data analysis platform Statista estimated in 2021 that there were more than 2000 active African languages. Technological advancements like AI translation tools are helping to harness the power of language beyond celebrating cultural heritage. However, an understanding of the unique features of key languages …

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Young Africans in the diaspora

Their growing pride in the continent and why institutions are charting new courses for them ANALYSIS | AGENCIES | The desire for knowledge about Africa and a growing sense of African pride among African youths living in an increasingly discriminatory diaspora has fueled a surge in institutions promoting African identity. A …

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World’s 20 fastest-growing economies in 2024

Uganda listed among Africa countries dominating the list, according to the African Development Bank ANALYSIS | AGENCIES | Africa dominates list of the world’s 20 fastest-growing economies in 2024, according to a macroeconomic report the African Development Bank says in its latest macroeconomic report. The African Development Bank Group said in …

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