East Africa

Uganda Crowned “Best Investment Destination in Africa” at Prestigious Annual Investment Meeting in Abu Dhabi.

Jonathan N. LubwamaEast AfricaNews & AnalysisJuly 11, 2024July 11, 2024

In a major coup, Uganda has been named the “Best Investment Destination in Africa” at the prestigious Annual Investment Meeting (AIM) held in Abu Dhabi, United Arab Emirates. This marks…

Charting the Rise of Private Capital in East Africa: EAVCA’s 10-Year Impact Report.

Jonathan N. LubwamaBusiness & MarketsEast AfricaEntrepreneurshipNews & AnalysisJuly 9, 2024July 9, 2024

The EAVCA (East Africa Venture Capital Association) is the primary industry association for East Africa’s private equity and venture capital ecosystem. It was founded in 2013 to represent the private…

Mastercard Foundation Taps Seasoned Kenyan Business Executive Carole Wamuyu Wainaina for Board of Directors

Jonathan N. LubwamaBusiness & MarketsEast AfricaEntrepreneurshipExecutive ProfilesGlobal NewsNews & AnalysisJune 27, 2024June 27, 2024

Mastercard Foundation has appointed Kenyan business executive, Carole Wamuyu Wainana to its Board of Directors. Carole joins Mastercard Foundation on the back of a tremendous 35-year career as a business…

Pearl Capital Partners, Announces Exit from Enimiro, a Vanilla Exporter.

Jonathan N. LubwamaBanking & Financial ServicesBusiness & MarketsEast AfricaNews & AnalysisJune 27, 2024June 27, 2024

The Yield Uganda Investment Fund, managed by Pearl Capital Partners, has announced the successful equity investment exit from Enimiro, a Ugandan vanilla processor and exporter. This exit, the first of…

East Africa’s Top Private Equity Players to Meet in Kampala’s Lakeside Speke Resort Convention Centre for Region’s Largest Private Capital Gathering

Jonathan N. LubwamaBanking & Financial ServicesEast AfricaGlobal NewsNews & AnalysisThe Big StoryJune 8, 2024June 8, 2024

Uganda is set to host the 8th edition of the East Africa Venture Capital Association (EAVCA) Annual Private Capital Conference on the 13th of June 2024 at Speke Resort Convention…

AFRICA’S RICHEST 2024⎮ S.Africa, Egypt and Nigeria Dominate Forbes Billionaires List

Jonathan N. LubwamaBillionairesBusiness & MarketsEast AfricaLists & RankingsThe Big StoryJune 6, 2024June 6, 2024

Forbes Africa released its annual list of Africa’s billionaires with its 2024 class of 20 billionaires now worth $82.4bn. Collectively, these billionaires would be the 18th richest person in the…

Construction of Kigali Innovation City Project to Kick Off in September.

Jonathan N. LubwamaBusiness & MarketsEast AfricaEntrepreneurshipGlobal NewsNews & AnalysisTechnology & InnovationThe Big StoryJune 4, 2024June 4, 2024

Rwanda is set to commence the construction of its ambitious Kigali Innovation City (KIC) in September 2024 after key details regarding the project’s financing were agreed upon on the sidelines…

Rwanda’s Capital Market’s Authority (CMA) Welcomes its New CEO.

Jonathan N. LubwamaBanking & Financial ServicesBusiness & MarketsEast AfricaEntrepreneurshipGlobal NewsNews & AnalysisJune 4, 2024June 4, 2024

The Capital Markets Authority (CMA) of Rwanda has welcomed seasoned Botswana financial markets guru, Thapelo Tsheole, as its new Chief Executive Officer (CEO) replacing Eric Bundugu who has been acting…

RWANDAN CEOs FIXING RWANDA⎮The unstoppable rise of the homegrown Rwandan CEO 

Muhereza KyamuteteraEast AfricaNews & AnalysisThe Big StoryApril 10, 2024May 3, 2024

This April, Rwandans in Rwanda and the world over commemorate 30 years (Kwibuka30)  after the ghastly genocide in which more than 1,000,000 Tutsi, were killed. But like the Rwandan President…

STANBIC BANK ON FUNDING EACOP PIPELINE⏤ We are committed to just energy transition and global standards on environment and social safety

Muhereza KyamuteteraEast AfricaNews & AnalysisThe Big StoryApril 1, 2024April 6, 2024

Stanbic Bank Uganda, Uganda’s largest bank and a subsidiary of the Standard Bank Group, Africa’s largest banking group has said that it is still doing its own due diligence on…