Trade
-
Trident Energy’s Republic of Congo oil field acquisition lauded as key step forward
JOHANNESBURG, April 28, 2024 – Oil and gas company Trident Energy has secured agreements with multinational energy companies Chevron and TotalEnergies to obtain stakes in the Republic of Congo’s oil fields. The…
Read More » -
Kenyan farmers get fertiliser boost with US$ 2mln AFFM credit guarantee
NAIROBI, April 28, 2024 – In a significant step to advance food security in Kenya, the Africa Fertiliser Financing Mechanism [AFFM] on Friday launched a project that will help deliver nearly 8,000…
Read More » -
Bundibugyo cocoa farmers reap big as prices shoot up
BUNDIBUGYO, April 26, 2024 – Cocoa farmers in Bundibugyo district are reaping big from the crop as prices rise to between Shs 25,000 to Shs 31,000 per kilogramme which farmers say has…
Read More » -
Minister urges women to embrace govt programmes
MBALE, April 25, 2024 – The Minister of State Elderly, Dominic Mafwabi Gidudu has urged the women in Uganda to embrace different government programmes aimed at driving poverty out of households. According…
Read More » -
Feasibility studies for major EAC expressway set to begin soon
BUSIA, April 24, 2024 – The feasibility studies for the 256-kilometre multinational Kisumu-Kisian-Busia/Kakira-Malaba-Busitema-Busia Expressway is set to start soon after the East African Community [EAC] officially handed over the site to the…
Read More » -
Africa’s US$ 824bln debt burden and opaque resource-backed loans hinder its potential, AfDB boss warns
WASHINGTON, D.C, April 24, 2024 – Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Dr Akinwumi…
Read More » -
Parliament stays rationalisation of key entities pending audit
KAMPALA, April 24, 2024 – The rationalisation of the Non-Performing Assets Recovery Trust [NPART] and Departed Asians Property Custodian Board [DAPCB] will only be concluded after an audit of the entities is…
Read More » -
Local leaders urge gov’t to upgrade Lwakhakha border post
NAMISINDWA, April 24, 2024 – Leaders in Namisindwa district have asked government to upgrade the Ugandan side of Lwakhakha border post shared with Kenya into a modern One- Stop Border Post [OSBP],…
Read More » -
Excitement as Butebo gets first tarmac road
BUTEBO, April 23, 2024 – Residents of Petete town council in Butebo district are excited following the commissioning of the construction for the the first tarmac road in the district. The 6.5-kilometre…
Read More »