News & Analysis

Uganda Railways Corporation embarks on demolition of illegal structures, readies to rehabilitate the Meter Gauge Railway

CEO ReporterNews & AnalysisSeptember 22, 2022September 22, 2022

Uganda Railways Corporation has started demolishing illegal structures along the Meter Gauge Railway and arresting vandals, as it gets ready to rehabilitate the railway. In a statement, URC says it…

Turaco Secures $10M Series A Round Fundraise, targets underserved customers and low-income earners

CEO ReporterNews & AnalysisSeptember 22, 2022September 22, 2022

Turaco, an insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund, and…

Milestone as Xente Launches Visa Business Cards

Nelson NambooleNews & AnalysisSeptember 21, 2022September 21, 2022

Xente, a licensed Ugandan-founded financial technology platform that offers business payments solutions has announced its partnership with Visa, the global leader in digital payments to issue virtual and physical Visa…

M-KOPA Unlocks $600 Million in Credit for Underbanked Customers in Africa

CEO ReporterNews & AnalysisSeptember 21, 2022September 21, 2022

M-KOPA, a fintech platform that provides digital credit to underbanked customers,  has released its 2021 Impact Report showing tremendous impact in East Africa, M-KOPA, as well as rapid growth following expansion…

KCB Bank partners with MTN and Airtel to Ease access to Mobile Money Float in Uganda

CEO ReporterNews & AnalysisSeptember 21, 2022September 21, 2022

KCB Bank Uganda has partnered with financial technology firms; MTN Mobile Money and Airtel Mobile Commerce Uganda to introduce two Trust accounts that will enable mobile money traders and consumers…

FutureLink Technologies becomes first African company to win IFC’s Global SME Finance Platinum Award for Product Innovation of the Year

CEO ReporterNews & AnalysisSeptember 21, 2022September 21, 2022

FutureLink Technologies has been named Platinum winner of Product Innovation of the Year at the 2022 Global SME Finance Forum Awards. This is the first time an African company wins…

Airtel Uganda customers to enjoy 95% reduction on calls across Africa and Asia

CEO ReporterNews & AnalysisSeptember 20, 2022September 20, 2022

Airtel Uganda has announced a 95% reduction in calls across Africa and Asia to ease the cost of communication for travellers and keep people seamlessly connected. In addition, frequent travelers…

NEMA clarifies on Environment and Social Impact Assessment Reports for Oil and Gas Projects in Uganda

CEO ReporterNews & AnalysisSeptember 20, 2022September 20, 2022

The National Environment Management Authority (NEMA) has come to clarify on the information about the Environment and Social Impact Assessment reports for Oil and Gas projects in Uganda. In a…

ENABLING EDUCATION: Victoria University Launches Students Loan Scheme

Nelson NambooleNews & AnalysisSeptember 19, 2022September 21, 2022

Victoria University, a private charted university has on Monday launched the Students Loan Scheme to enable less privileged students to acquire higher level education. The Students Loan Scheme is funded…

DEVELOPING SKILLS: UDB Launches 2nd Cohort of the Graduate Apprenticeship Program

CEO ReporterNews & AnalysisSeptember 19, 2022September 19, 2022

Uganda Development Bank Ltd (UDB) has launched its 2nd cohort of the Graduate Apprenticeship Program (GAP) that will provide hands-on skills development and job opportunities to nascent professionals in Uganda…