South Africa
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News
M-KOPA reaches 5mln customers, unlocking US$ 1.5bln in credit across five markets
KAMPALA, September 25, 2024 — MP-KOPA, a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. Two million of these customers…
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News
Uganda’s annual coffee exports hit Shs 5 trillion
KAMPALA, September 23, 2024 — Coffee exports for twelve months [September 2023- August 2024] were 6.39 million bags worth US$ 1.35 billion [ about Shs 5 trillion] compared to 6.08mln bags worth…
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News
Coca-Cola unveils initiative to address water-related challenges in Africa
KAMPALA, September 16, 2024 — The Coca-Cola Company in Africa and its bottling partners Coca-Cola Beverages Africa [CCBA], Equatorial Coca-Cola Bottling Company [ECCBC] and Coca-Cola HBC are to invest nearly US$ 25…
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News
African faith leaders demand reparations from Gates Foundation for green revolution’s harm
KAMPALA, August 26, 2024 – African faith leaders, supported by hundreds of civil society and farmer groups, are calling on the Gates Foundation to provide reparations for the significant damage caused by…
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News
‘Enhance efforts to secure release of Ugandan prisoners abroad’ – legislators
KAMPALA, August 10, 2024 – Members of Parliament have asked government to use the prisoner exchange system to secure the release of Ugandans held in prisons around the world. The legislators made…
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News
AfDB invests US$ 20mln in infrastructure fund to catalyse continental development
ABIDJAN, August 2, 2024 – The African Development Bank [AfD] has signed a US$ 20 million equity investment in the African Infrastructure Investment Fund 4 [AIIF4]. The deal, signed on 31 July…
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News
Uganda Airlines announces more routes in Africa
KAMPALA, July 17, 2024 – In a bid to optimally deploy its fleet of aircraft and earn more revenue, the national carrier Uganda Airlines has added to its current routes African cities…
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News
Zimbabwe goes for Brazilian maize amid drought
HARARE, May 17, 2024 – The Grain Millers Association of Zimbabwe [GMAZ] has embarked on a crucial mission to Brazil to source maize grain in response to a catastrophic drought that has…
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News
WNA to showcase Southern Africa’s nuclear prospects at IAE 2024
KAMPALA, April 22, 2024 – Director General of the World Nuclear Association [WNA] Dr. Sama Bilbao León will speak at the Invest in African Energy [IAE] Forum in Paris this May, unpacking…
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Africa
Africa dominates list of world’s 20 fastest-growing economies in 2024-report
KAMPALA, February 19, 2024 – Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook [MEO]…
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