East Africa
-
Finance & Banking
AfDB commits over Shs 1.1trn to renovate Kampala-Malaba railway line
KAMPALA-The African Development Bank [AfDB] Group is providing US$ 301 million [1.1 trillion] to overhaul the Kampala-Malaba Meter Gauge Railway [MGR] in Uganda. The railway line is part of the East African…
Read More » -
East Africa
Stanbic Bank’s borderless platform sees 24 percent growth in transactions
KAMPALA-The phenomenal growth of Stanbic Bank’s East Africa Borderless Banking platform has revealed a pent-up demand for secure, real-time transactions across international borders, according to the latest report. Spanning a single network…
Read More » -
Cooperatives & Communities
Farmers in Teso and Lango reaping big from Value Addition Project
SOROTI– Farmers in Teso and Lango sub-regions are testifying to improved livelihood and nutrition wellbeing. This is resulting from value addition equipment that Development Initiative for Northern Uganda [DINU] under Building Resilience…
Read More » -
Development
More than 31m people likely to face food insecurity and hunger in East Africa
KAMPALA – An estimated 31.4 million people in the Eastern Africa are likely to face acute food insecurity and hunger unless states take appropriate response mechanisms. A regional research report by the…
Read More » -
News
Equity Bank Kenya Breaks Silence On DP Ruto’s Loan Allegations
KENYA – It was a dramatic Monday in Kenya when the country’s Deputy President William Ruto was barred from his flight on an unknown mission to Uganda. Kenya’s local media reported that…
Read More »