By Jeremy Awori Across Africa, there is growing momentum in support of intra-African trade, as work to unlock the potential of small and medium-sized enterprises (SMEs) as key drivers of...
Ethiopia’s ambition to build a new international airport that will rival some of the world’s biggest, took off on Monday with a monumental signing ceremony marking the African Development Bank’s...
As the cryptocurrency landscape continues to expand across the wider African continent, so too do the tactics of scammers seeking to exploit unsuspecting users. With increasing adoption of digital assets...
Airtel’s Managing Director, Mr Soumendra Sahu has confirmed a plan to double Airtel’s investment in data, which will be a key priority this year and beyond, as the telco maintains...
Uganda Airlines has officially launched direct flights to London, United Kingdom. The airline will fly four times a week using the Airbus A330-800neo. Ms Jennifer Bamuturaki, the Uganda Airlines CEO...
The board of directors of the African Development Bank Group has approved a loan of $252.83 million to Uganda, to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road. The…
Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World Wealth. The report provides a comprehensive review of private wealth in Africa, including trends in high-net-worth individuals, luxury and wealth management, as well as expert insights on investing in Africa, the…
Airtel Africa registered strong growth, margin expansion and cash generation, despite foreign exchange headwinds in Nigeria, the company results for the financial half year which ended on September 30, show….
The travel and tourism sector in Africa could add $168 billion to the continental economy and create 18 million jobs by 2033, a new report has revealed. The report was…
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has announced a $26.5 million commitment to AFEX, Africa’s leading commodities platform. AFEX currently operates over 200…
Uganda fell nine places to 107th (14th in Africa) in the 2023 Digital Quality of Life Index from 98th in 2022. The Digital Quality of Life (DQL) Index is a…
The Ugandan business ecosystem was awash with excitement when Tony Natif’s Guardian Health Pharmacy was acquired by Kenya’s MyDawa for an undisclosed amount. However, one of the biggest winners in…
In 2022, Uganda received USD 1.3bn in remittances from its diaspora community according to a World Bank and KNOMAD report. This would account for about 4.5% of Uganda’s GDP and…
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…
