KAMPALA, UGANDA | JULIUS BUSINGE | Uganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct investment, rising exports, and expanded commitments in manufacturing. Government-backed initiatives and structured business forums, such as the Uganda–UAE Business Forum, have created platforms for investors …
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XIAMEN, China | Xinhua | Industry leaders at last month’s Future Investment Forum in Xiamen identified artificial intelligence (AI) and cross-sector integration as the key forces transforming the sports investment landscape, pointing to a wave of opportunities driven by technological innovation and supportive government policies. How AI reshaping the game …
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Japan is shifting its Africa strategy from aid to long-term investment, channeling billions into tech, skills, and infrastructure. From hybrid car manufacturing in South Africa to new venture funds and vocational training, Tokyo is embedding itself in the continent’s economic future. SPECIAL REPORT | BIRD AGENCY | Japan is recasting …
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KAMPALA, UGANDA | Xinhua | Ugandan President Yoweri Museveni on Monday said Chinese investment is helping accelerate Africa’s growth, particularly in infrastructure and industrial development. Speaking at the opening of the two-day Uganda Development Finance Summit 2025 in the capital, Kampala, Museveni noted that both state-owned and private Chinese capital …
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MBALE, Uganda | Xinhua | Chinese-funded industrial parks and factories are playing a vital role in driving Uganda’s industrial transformation, Ugandan President Yoweri Museveni said on Friday. He made the remarks when visiting the Sino-Uganda Mbale Industrial Park in the eastern city of Mbale. Museveni, who inaugurated four new Chinese-invested …
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The country emerges as Glovo’s greenest market, fusing rapid digital growth with sustainable mobility Kampala, Uganda | JULIUS BUSINGE | Glovo, the Spain-headquartered multi-category delivery platform, has marked its fifth anniversary in Uganda with the opening of a new office in Kampala, signalling a Shs 33 billion investment that is reshaping …
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The investment also aligns with SGA’s broader efforts to standardise operations across the region and reduce the long-term cost of fleet maintenance Nairobi, Kenya | THE INDEPENDENT | SGA Security, one of East Africa’s private security and logistics firms, has signed a strategic partnership with vehicle manufacturer Isuzu East Africa to …
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Abuja, Nigeria | THE INDEPENDENT | African Export-Import Bank (Afreximbank) is set to host its 32nd Annual Meetings (AAM2025) in Abuja, Nigeria, from June 25 to 27, drawing a high-powered coalition of African, Caribbean (CARICOM), and global leaders. The event, which comes at a time of heightened geopolitical and economic uncertainty, …
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KIGALI, RWANDA | Xinhua | Rwanda prioritizes strategic investment, including in human capital, industrialization, agricultural productivity, and social protection, as part of its strategy to sustain growth in the next fiscal year, the finance minister has said. The government’s total estimated resources are projected to reach 7 trillion Rwandan francs …
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However, Kenya leads the region with a significantly higher AUM of US$ 2.44 billion Kampala, Uganda | JULIUS BUSINGE | Uganda’s Collective Investment Schemes (CIS) licensed by the Capital Markets Authority (CMA) in Uganda surpassed Shs3.85 trillion (US$ 1.05 billion) in assets under management (AUM) as at the end of Dec …
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The Independent Uganda: You get the Truth we Pay the Price
