Trade
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Kitgum-Kidepo Road upgrade boosted with Shs 450bln loan approval
KAMPALA, May 1, 2024 – Parliament has approved a government request to borrow about 110.5 million Euros [about Shs 450 billion] from Standard Chartered Bank to finance the tarmacking of Kitgum-Kidepo Road.…
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Luwero factory now buys sugarcane from Bunyoro farmers
MASINDI, April 30, 2024 – Bunyoro Sugarcane Cooperative Union Limited [BSCUL] in Masindi district, and Victoria Sugar Limited in Luwero district, recently entered into a memorandum of understanding [MoU], enabling one of the…
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Minister Barugahara urges UN to support Uganda’s creative industry
KAMPALA, April 30, 2024 – Balaam Barugahara Ateenyi, the Minister of State for Youth and Children Affairs wants the United Nations Development Programme [UNDP] to support the Ugandan creative industry by offering…
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Govt, private sector urged to employ skilled youth
MBARARA, April 30, 2024 – Government agencies and the private sector have been urged to employ youth who have been enabled by government to acquire hands-on skills through the Presidential Skilling Initiative.…
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Fish cooperative in Kenya meeting increased demand for fish
NAIROBI, April 30, 2024 – William Ebukut lives with his family of seven in Loiyangalani town located in Marsabit County on the eastern bank of Lake Turkana. The lake occupies northwestern Kenya,…
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Kiryandongo: Youth groups receive value addition machinery
KIRYANDONGO, April 29, 2024 – The Office of the National Chairman [ONC] of the National Resistance Movement [NRM] has donated value addition equipment to 45 youth groups in Kiryandongo district to empower…
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PM Nabbanja orders arrest of defaulters of youth and women funds
KIKUUBE, April 29, 2024 – Prime Minister Robinah Nabbanja has ordered security authorities in Kikuube district to recover the money disbursed to women and youth groups, adding that defaulters be arrested. Nabbanja…
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ITFC signs multiple agreements with member countries, Uganda gets US$ 150mln
RIYADH, April 29, 2024 – The International Islamic Trade Finance Corporation [ ITFC ], a member of the Islamic Development Bank [IsDB] Group, commenced the first day of the 49th IsDB Group…
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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…
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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…
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