Global News

Rotarian Emmanuel Katongole Confirmed as Rotary International Director for Africa

Brian EmorutExecutive ProfilesGlobal NewsNews & AnalysisThe Big StoryDecember 16, 2024December 16, 2024

The Rotary community in Africa is celebrating the confirmation of Rotarian Emmanuel Katongole as the incoming Rotary International Director (RID) for Zone 22 (Africa). He is a former District Governor…

Is Africa on the Cusp of a New Growth Spurt in 2025?

Brian EmorutGlobal NewsNews & AnalysisDecember 6, 2024December 6, 2024

Despite ongoing challenges across Sub-Saharan Africa (SSA), Citi economists have indicated that the continent is undergoing another important moment in its growth trajectory.  David Cowan, Citi Economist for SSA, and…

Stanbic Bank boosts unsecured SACCO loans from sh200m to sh4 billion

Brian EmorutGlobal NewsNews & AnalysisNovember 21, 2024November 21, 2024

Stanbic Bank Uganda has announced an increase in its unsecured loan offering to Savings and Credit Cooperative Organizations (SACCOs) from sh200 million to sh4 billion, attained at an interest rate…

Airtel Africa-UNICEF Partnership Connects 1,200 Schools, 1m Africa Children to Digital Education

Brian EmorutCompany NewsGlobal NewsNews & AnalysisThe Big StoryNovember 21, 2024November 21, 2024

Airtel Africa has announced that its five-year partnership with United Nations Children’s Fund (UNICEF), aimed at transforming education across the continent, has connected over 1,500 schools to the internet, trained…

Equity Group Holdings PLC Reports 3rd Quarter 2024 Profit After Tax of Kshs 40.9 Billion

Brian EmorutBanking & Financial ServicesCompany NewsEast AfricaGlobal NewsThe Big StoryNovember 12, 2024November 12, 2024

Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets that the Group operates in, Equity Group Holdings Plc (EGH) continues to…

Janet Museveni to Inaugurate Uganda’s First National STEM and Robotics Championship

Brian EmorutBusiness & MarketsGlobal NewsTechnology & InnovationNovember 6, 2024November 7, 2024

The First Lady and Minister of Education and Sports, Hon. Janet Kataha Museveni, will preside over Uganda’s inaugural National STEM Education and VEX Robotics Championship, an event aimed at fostering…

Stanbic Bank Uganda Donates UGX26 Million in Medical Equipment to Support Maternal Healthcare in Nakaseke

Brian EmorutBanking & Financial ServicesGlobal NewsNews & AnalysisOctober 25, 2024October 25, 2024

Stanbic Bank Uganda has donated essential medical supplies and equipment valued at UGX 26 million to two health facilities in Nakaseke district. This initiative aims to strengthen  maternal healthcare services…

Stanbic Bank Wins “Most Admired Financial Services” at 2024 Brand Africa  Awards

Brian EmorutBanking & Financial ServicesBusiness & MarketsCompany NewsGlobal NewsThe Big StoryOctober 21, 2024October 21, 2024

Stanbic Bank Uganda has clinched the prestigious title of “Most Admired Financial Services” Brand at the 2024 Brand Africa Awards. The recognition was announced during a high-profile event held recently…

Prudential Uganda and standard Chartered Bank to offer financial protection and inclusion to Ugandan Customers

Brian EmorutBanking & Financial ServicesCompany NewsGlobal NewsNews & AnalysisOctober 11, 2024October 12, 2024

Prudential Uganda has partnered with Standard Chartered Bank to offer comprehensive insurance solutions. The partnership was officially launched in the presence of key leaders from both organizations, reflecting a shared…

South Africa Founded Fintech Omnisient Secures $7.5 Million Investment From Arise to Grow Financial Inclusion Across Africa and Beyond.

Jonathan N. LubwamaBanking & Financial ServicesBusiness & MarketsCompany NewsGlobal NewsMedia & CommunicationTechnology & InnovationThe Big StoryAugust 27, 2024August 27, 2024

South African fintech start-up Omnisient has received a $7.5 million investment from Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion. Founded in…