East African investment firm DOB Equity has announced the appointment of Cikü Mugambi as its new investment director. Mugambi brings 15 years of investment and operational experience across Africa, with a strong…
Leading African private equity firms Alterra Capital backed by Nigerian Billionaire and Africa’s richest man, Aliko Dangote, and Phatisa- an equity firm, have signed agreements to acquire 100% of Java…
Java House, a quick service restaurant chain in Uganda and other East African countries is set to change ownership for the fourth time in a space of a decade with…
The Nation Social Security Fund (NSSF) has announced its earnings increased by 16% from UGX 2.2 trillion to UGX 2.53 trillion for the Financial Year ended June 30th 2024. The…
In a move that sparked widespread controversy, the Kenyan government recently announced a $2.047 billion deal with Adani Airport Holdings Ltd., an Indian conglomerate founded by Gautam Adani, to expand…
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…
Uganda recently held the 8th annual East Africa Private Equity and Venture Capital Association (EAVCA) Private Capital Conference at the swanky lakeside Speke Resort Convention Centre in Munyonyo under the…
There can’t be too many bankers who choose to leave the hallowed halls of banking for the dusty and gritty world of concrete factories and stone quarries but that’s exactly what Simon Ssekankya, founder of Hardware World, did in 2001. To be fair, he has come a long way since those early days and spends more time now in his…
