Stanbic Bank Kenya, a subsidiary of Stanbic Holdings Plc, reported a 16.6% decline in net profit for the first quarter ended March 2025, largely attributed to a sharp drop in……
Airtel Africa has announced plans to list its Airtel Money unit to secure more capital as it seeks a top spot in the growing digital payments ecosystem across Africa, and……
The European Patent Office (EPO) has selected two Ugandans as part of the top 10 global innovators for the first standalone edition of the Young Inventors Prize 2025. Sandra Namboozo and……
Airtel Africa has struck a deal with SpaceX to bring Starlink’s high-speed satellite internet to its 14-country footprint with the agreement set to initially focus on nine countries. Currently, SpaceX has……
The Democratic Republic of Congo (DRC) has become the fifth East African member state to officially authorise Starlink to operate as an internet service provider in the country, marking a……
President Museveni has endorsed the entry of Starlink satellite internet in Uganda after meeting with Elon Musk’s Starlink representatives including, Ben MacWilliams, the Global Licensing & Activation Manager and Brandi…
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In a landmark moment for African enterprise, the continent’s wealthiest individuals have crossed the $100 billion threshold for the first time. The 2025 Forbes Africa Billionaires List shows that the…
EACOP Ltd., the company in charge of the construction and future operation of the East African Crude Oil Pipeline project from Kabaale in Uganda to Tanga in Tanzania has closed…
The Board of Directors of the GSMA elected Gopal Vittal – Vice Chairman & MD, Bharti Airtel, as its new Chairman, until the end of 2026. Gopal is currently the…
MTN is expected to complete the separation of its financial technology (Fintech) business from its listed company under MTN Uganda in the first half of this year. The separation, which MTN…
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Uganda, Kenya and Nigeria are among the few African countries that will not face the consequences of a proposed travel ban by U.S President Donald Trump, which if implemented, will…
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Makerere University Vice Chancellor, Prof. Barnabas Nawangwe, has been honoured with the African Leadership Magazine Person of the Year Award 2024 for his exceptional leadership in education. The prestigious award was…
Rwanda’s President, Paul Kagame has appointed Ms. Soraya Munyana Hakuziyaremye as the first female Governor of the National Bank of Rwanda, which is a promotion from her initial role of …
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British International Investment (BII), UK’s development finance institution and impact investor, has sold its 10.1% stake in I&M Group PLC, East Africa’s banking group, to AfricInvest. The acquisition was made…
Pay television platform – DStv – is losing at least UGX2.7 billion due to illegal reproduction of its exclusive content by third parties through internet live streaming. An investigation by Uganda…
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