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Uganda renews its Nuclear Ambitions, signs deal with Russian firm Rosatom to build plant
The government of Uganda has agreed with the Russian Federation to cooperate in the peaceful application of atomic energy...
Even before it opens its doors in Uganda, Carlson Rezidor is locked in a Sex abuse and Corruption scandal involving a Government Minister
It has been around for over 75 years and manages a network of over 1,400 hotels and 90,000 employees,...
Two billion people drinking contaminated water
“Today, almost two billion people use a source of drinking-water contaminated with faeces, putting them at risk of contracting...
The amount of money transacted through mobile money payments or mobile banking in Uganda grew by 2.5 Billion dollars in the year 2015. This demonstrates that the platform is now the fastest growing means of payments and Ugandans have continued to embraced it over the years. Bank of Uganda... Read more
Kenya Commercial Bank Foundation launched its youth empowerment program dubbed 2Jiajiri (Lets employ ourselves), a program that seeks to empower budding entrepreneurs to scale and upscale their business ventures. The launch coincided with a new report by World Bank : Kenya, East Africa’s biggest economy, holds the dubious distinction of... Read more
President Mohammadu Buhari on Tuesday said that thousands of lives were lost to terrorist attacks in Nigeria due to the failure of telecommunications giant, MTN to disconnect unregistered lines. Buhari made this known in a joint press conference with the visiting South African president, Mr. Jacob Zuma at the presidential... Read more
Jumia’s top leadership in Nigeria is 100% female Jumia , Africa’s biggest e-commerce is set to become an equivalent of Amazon on a continent with tremendous opportunities which will see its online population reach 50% by 2025 and its its smartphone owners rise to 360 million. Jumia already made... Read more
Nigeria and South Africa are the two biggest economies in Africa with a combined GDP of close to a trillion US Dollars. Trade between them is still fairly small despite growing exponentially in the last two decades from just seven million dollars in 1999 to well over 4 billion... Read more
Bloomberg Philanthropies and the U.S. Department of Commerce will co-host the second U.S.-Africa Business Forum, a day focused on increased trade and investment between the U.S. and African nations. The U.S.-Africa Business Forum will build on the progress of the inaugural Forum, held during the 2014 U.S.-Africa Leaders Summit... Read more
By Anton van Heerden (@Anton_vHeerden), Executive Vice-President and Managing Director: Sage South & Southern Africa Retaining employees has emerged as a key business challenge in a market where many important commercial, technical and management skills are in such short supply. This issue isn’t just high on the agenda for... Read more
Gambling revenues improved in Africa in 2014, despite challenging and weakening economies. Gross gambling revenues in South Africa posted their second-largest annual increase over the past five years, with casinos taking the largest share of this growth by rising 4.5% over the prior year. Overall, gross gambling revenues in... Read more
Dangote Cement is to invest 450 million dollars to double its current production capacity to five million metric tonnes a year. The company has already received a 36ha of plot of land from Oromia State, near the factory’s site in Mugher, Adebern Wereda. The company requested the land from... Read more
The Anzisha Prize is thrilled to announce this year’s winner of the $25,000 Grand Prize in the 5th year of Africa’s premier award for youth entrepreneurship. Chris Kwekowe (22), founder of Slatecube which offers a job-relevant skills learning platform and job placement services, impressed the judges. Slatecube has had... Read more