Ugandans applying for temporary visit and tourism visas to the United States of America will now be required to post a visa bond, following a new policy introduced by the…
In a sweeping diplomatic shake-up that has resonated across continents, the Trump administration is recalling nearly 30 U.S. ambassadors and senior career diplomats from posts around the world, a move…
Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition…
A November 2025 RMB white paper titled Continent at a Crossroads has warned that Africa is entering a decisive decade. The choices governments, firms, and regional blocs make will determine…
How do you rate Uganda’s performance with MTN’s continental portfolio, both in digital adoption but also returns, compared to other African markets? Yes, as MTN, we are operating in 16…
43% of banks cited the rise of fintechs and challenger banks as the biggest threats to their business according to the third edition of the African Digital Banking Transformation Report released by The African Banker Magazine in which a record 153 banks across 33 countries on the continent were surveyed. This was further reflected in the priorities carried by the banks this year with at least 83% of the banks considering building digital payments mobile app or a mobile wallet app as a priority to stave off the competition from the fintechs. However, there are possible synergies between fintechs and…
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In the last week of this year’s first term, I downloaded an app called Kawu. Using the app, I was able to send pocket money to a distant relative in her Senior Five at Budo SS. By just plugging in their card number, I got the image and other details of this relative. And in a flash, the transfer was made. This is not a testimony that is reserved for me. Plenty of other people can attest to enjoying these services. I engaged with a parent, who declined to be named, over a phone conversation about Kawu. A single mother,…
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Paul Graham, the founder of the highly influential Y Combinator accelerator program penned arguably his most famous essay in September 2012. In this essay, titled Startups = Growth, Paul Graham argued that startups are built to grow fast. “Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, take venture funding, or have some sort of “exit”. The only essential thing is growth.” he argued. This mantra of hyper-growth is something that startups worldwide have followed to the dot, raising millions of dollars to capture as big…
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Kaspersky analysis has revealed that attacks related to data loss threats (phishing and scams/social engineering) increased significantly in Africa in Q2 2022 in comparison with the previous quarter. The company’s security solutions detected 10,722,886 phishing attacks in Africa in Q2. Kenyan users were influenced the most by this type of threat: there were 5,098,534 phishing attacks detected in 3 months – a growth of 438% when compared to the previous quarter. It was followed by South Africa (4,578,216 detections and a growth of 144%) and Nigeria (1,046,136 detections and a growth of 174%). Social engineering, which is sometimes called “human…
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The Uganda Society of Architects has expressed joy towards their fellow professional Daniel Musana who has been elected Deputy President of African Union of Architects. This election will see him in leadership of the African Union of Architects (AUA) council with effect from this year 2022 until his term in office expires in 2025. Daniel Musana was elected alongside other Architectural professionals from various African countries which include the following; “The Uganda society of Architects wishes to congratulate the newly elected members of the African Union of Architects (AUA) Council (2022-2025),” reads an excerpt from a graphic illustration on their…
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Mastercard and Ecobank Group have partnered to connect millions of smallholder farmers in Sub-Saharan Africa to Mastercard’s Farm Pass – a digital platform that makes it safer and easier for farmers to sell their produce at a fair price. Under the partnership, Ecobank will extend the reach and impact of the Mastercard Farm Pass platform leveraging its Pan-African network of 33 countries. Many smallholder farmers in Sub-Saharan Africa face several challenges. These include: limited access to markets, working capital to finance activities or secure quality inputs and relevant financial tools to pay and get paid efficiently. This has led to…
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Africa’s youth are less optimistic about the future of their countries than they were two years ago – and they are even more pessimistic if they live in Rwanda, Kenya or South Africa. They are only slightly more positive about the continent’s future. COVID-19, the economy and instability all play a role in the drop in sentiment, followed very closely by worries about corruption, the standard of education and the availability of decent jobs. 77% are scared they won’t be able to buy their own homes. Three quarters of them believe owning land is vital for their financial wellbeing. But…
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The recent resurgence of the M23 armed group in the eastern Democratic Republic of the Congo (DRC) constitutes a serious threat to peace, security and stability in the region, and urgent action towards curbing the violence is needed, a senior UN official told the Security Council on Tuesday. “It is imperative that this Council lend its full weight to ongoing regional efforts to defuse the situation and bring an end to the M23 insurgency, once and for all,” said Martha Pobee, an Assistant Secretary-General for the UN’s political affairs and peace operations, covering Africa. Call to disarm Civilians are paying a heavy price in…
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South African President Cyril Ramaphosa has appointed Vincent Magwenya as his spokesperson with effect from 1 June 2022.Magwenya is a seasoned communicator with extensive experience in government communication, public relations, stakeholder management and broadcasting.He served as spokesperson to former President Jacob Zuma from 2009 to 2010.He was CEO of PR agency Magna Carta from 2013 to 2016, before establishing Conversations Media and Communications, where he has served as CEO.Magwenya also served as Director of Communications for Standard Bank Africa and Director of Group Stakeholder Relations Management for Standard Bank Group.He started his career as a broadcast journalist in various technical…
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25 coffee producing African countries under the Inter- African Coffee Organisation (IACO) have officially signed the Nairobi Declaration to have coffee anchored as a strategic agricultural commodity under the African Union, in harmony with AU Agenda 2063. The ongoing Summit is being held under the theme “Sustainable Development and Economic Growth in the African Coffee Sector”. The African coffee producing countries consequently requested the African Union (AU) to adopt Coffee as strategic Agricultural Commodity in harmony with the Africa Agenda 2063. According to the G25 African Coffee Summit Nairobi Declaration on the adoption of coffee as a strategic Agricultural Commodity…
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