Sectors
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Stanbic Bank gives PDM SACCOs free Flexipay smartphones
NAMAYINGO, December 7, 2023 – Stanbic Bank Uganda has rolled out a new initiative aimed at enabling Parish Development Model [PDM] Savings and Credit Cooperative Organisations [SACCOs] access their money with ease.…
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Government cleared to acquire funds to modernise agriculture
KAMPALA, December 7, 2023 – Parliament has authorised government to borrow up Shs 1.23 trillion from the International Development Association of the World Bank, to finance the Uganda Climate Smart Agricultural Transformation…
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COP28: Africa could lose US$ 25bln per year as new EU carbon tax comes into effect, warns AfDB President
DUBAI, December 7, 2023 – African Development Bank [AfDB] President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalising…
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Electricity: Energy Ministry seeks Shs 128bln to connect homes
KAMPALA, December 6, 2023 – The Ministry of Energy and Minerals Development is seeking a supplementary budget of Shs 128 billion in the current financial year to connect 200,000 households across the…
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Commonwealth unveils framework to help African countries implement Living Lands Charter
DUBAI, December 6, 2023 – A new implementation framework was launched yesterday to facilitate coordinated action among the 56 Commonwealth countries, including African member states, on land, biodiversity and climate challenges, directly…
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Keys for transforming an innovation into a business
NEW YORK, December 6, 2023 – As a mentor to many business professionals, owners, and aspiring entrepreneurs, I find a wealth of innovative ideas but often less insight on what it really…
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Museveni writes to Biden over AGOA
KAMPALA, December 5, 2023 – President Yoweri Museveni yesterday held discussions with the Ambassador of the United States of America to Uganda, William W. Popp at State House Entebbe. During the meeting,…
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Multilateral development banks commit to boost collaboration on climate and development
DUBAI, December 5, 2023 – Multilateral development banks [MDBs] attending the 2023 UN Climate Change Conference [COP 28] have affirmed their commitment to a concerted, global action, including increasing co-financing and private…
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Academicians hail former presidents Mkapa, Nyerere at memorial lecture
KAMPALA, December 5, 2023 – A section of academicians in Uganda and Tanzania, have hailed former presidents Benjamin Mkapa and Mwalimu Julius Nyerere for their contributions toward state formation and building across…
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Youth-led African enterprises awarded US$ 800,000 at COP28 for climate solutions
DUBAI, December 5, 2023 – Eight dynamic African young women-led enterprises emerged as winners of the 2023 YouthAdapt challenge. Each enterprise will receive grant funding of up to US$ 100,000 to boost…
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