Trade
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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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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…
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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…
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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…
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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…
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Catholic bishop urges diocesan leaders to help coffee farmer form associations
KASESE, April 24, 2024 – The Bishop of Kasese Catholic Diocese, Francis Kibira Acquirinus has challenged the leadership of Hoima Catholic Diocese to organise coffee farmers into associations, saying this would help…
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