Dar, Tanzania | Xinhua | Tanzanian Prime Minister Kassim Majaliwa said on Friday 10,361 villages out of the country’s 12,317 villages have been connected to electricity by October 2021. Adjourning a two-week parliamentary session in the capital Dodoma, Majaliwa said the number of villages connected to electricity was equivalent to …
Read More »Germany’s Lufthansa repays state aid granted during COVID-19 crisis
Berlin, Germany | Xinhua | German flag carrier Lufthansa has repaid the financial aid granted by the German government during the worst phase of the COVID-19 crisis and has transferred a final tranche of one billion euros (1.14 billion U.S. dollars) to the government’s Economic Stabilization Fund (ESF), also known …
Read More »MoTIV wins inaugural UNESCO $50,000 prize for creative economy
MoTIV will use $50,000 prize money to kick-start a creative fund to unlock increased potential in sector and support creatives Kampala, Uganda | THE INDEPENDENT | MoTIV, East Africa’s largest makerspace headquartered in Kampala, Uganda has won the UNESCO–Bangladesh Bangabandhu Sheikh Mujibur Rahman International Prize for the creative economy. Established …
Read More »Ugandans can now invest in global companies with as little as $1
Kampala Uganda | THE INDEPENDENT | Chipper Cash has today launched a product that will enable Ugandans invest in publicly traded global companies like Amazon, Tesla or Facebook. The launch of the Chipper’s Global Stocks Investing product makes it the first company to offer fractional stock investing in Uganda. The African fintech …
Read More »Records broken at 8th Africa Early Stage Investor Summit
Amsterdam, Netherlands | THE INDEPENDENT | Investors at the 8th Africa Early Stage Investor Summit (AESIS ) held November 3-5 celebrated record-breaking deal-making on the continent surpassing $3 billion invested in 2021 into African startups. AESIS 2021 showed that the number of startups securing funding in Africa outpaces funding for …
Read More »Calls for sacking of Uganda Airlines boss uncalled for
COMMENT | Samson Tinka | “The true mark of a leader is the willingness to stick with a bold course of action — an unconventional business strategy, a unique product-development roadmap, a controversial marketing campaign — even as the rest of the world wonders why you’re not marching in step with …
Read More »How online tech is enhancing human trafficking
ANALYSIS | THE INDEPENDENT | Human traffickers who trick people with fake job offers and promises and then exploit them for profit are taking advantage of online technologies for every step of their criminal activities. Research conducted by the UN Office on Drugs and Crime (UNODC) shows how victims are …
Read More »ONLINE CLASSES: Students storm campus to tap wireless internet
Kampala, Uganda | THE INDEPENDENT | Online lectures have attracted a physical presence of students at Makerere University. The online lectures resumed on October 4 but due to Covid-19 restrictions, students are not expected not to be physically at the university. Since then, students have been gathering in big …
Read More »Facebook rebrands as Meta
Washington, USA | THE INDEPENDENT | Facebook chief Mark Zuckerberg has today announced the parent company’s name is being changed to “Meta” to represent a new future outside today’s troubled social network. DETAILS TO FOLLOW Share on: WhatsApp
Read More »The power of blockchain as a tool to fight cybercrime and fraud
A look at Binance’s efforts towards User Protection and Cyber Security in Africa to ensure a secure and sustainable growth of the global crypto ecosystem Kampala, Uganda | THE INDEPENDENT | With the current increase in the adoption of financial technology in the world, unsuspecting people continue to fall prey …
Read More »