Trade
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Cane union drags Kinyara Sugar to court over disruption of operations
MASINDI, June 12, 2024 – Bunyoro Sugarcane Farmers Cooperative Union Limited [BUSFACOU] has run to court seeking a permanent injunction stopping Kinyara Sugar Works Limited from disrupting their operations at the weighbridges…
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Senegal achieves first oil from Sangomar Project
JOHANNEBURG, June 12, 2024 – Exploration and production company Woodside Energy has achieved first oil production at Senegal’s inaugural offshore oil project – the Sangomar field development. This milestone underscores the effective…
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Fidelity Bank Nigeria completes acquisition of Union Bank UK
CAIRO, June 11, 2024 – African Export-Import Bank [Afreximbank] has announced the disbursement of a US$40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of…
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Preparations in high gear for Banyankole Kweterana’s 51st AGM
MBARARA CITY, June 10, 2024 – Preparations are underway as Banyankole Kweterana Cooperative Union [BKCU] Limited prepares to hold its 51st Annual General Meeting [ AGM ]. According to Margaret Birungi, General…
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The Race To Map The World And Protect US$ 110 Billion Of Trade
LONDON, June 9, 2024 – The European Union Deforestation Regulation [EUDR] is a new law aimed at tackling climate change and halting biodiversity loss, threatening far-reaching consequences for over US$ 110 billion…
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Africa: Ecobank Group launches 2024 Fintech Challenge with Shs 190mln prize
LOME, June 8, 2024 – Ecobank Group which also operates in Uganda has launched the 2024 Fintech Challenge and is calling for applications from across Africa, according to a press release. This…
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Society Artisanal partners with Minespider to track conflict-free gold from the DRC
KINSHASA, June 6, 2024 – Society Artisanal, an organisation that aims to export conflict-free artisanal gold from the Democratic Republic of Congo [DRC], has announced its partnership with Minespider, a technology company…
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Equity Bank awarded for promoting financial literacy and inclusion
KAMPALA, June 4, 2024 -Equity Bank Uganda has been recognised and awarded for promoting financial literacy and inclusion in the country by the Uganda Financial Literacy Association [UFLA], an umbrella body that…
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Ugandan vanilla exporters urge supply diversification amid Madagascan monopoly
KAMPALA, June 4, 2024 -The Association of Vanilla Exporters of Uganda [VANEX] is imploring food and beverage brands to source vanilla from multiple countries of origin to avoid potential supply chain disruptions.…
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ESAFF Uganda transforming lives of small-scale farmers
KAMPALA, June 3, 2024 – The Eastern and Southern African small-scale farmers [ESAFF] Uganda is impacting the lives of a good number of small-scale farmers, according to the 2023 impact report published…
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