Uganda
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Africa
COMESA gets over US$ 6mln grant to boost pharmaceutical sector
ABIDJANI-The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, this month approved a US$ 6.63 million grant to the Common Market for…
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Energy & Mining
670 youth in Bunyoro unlucky as they miss CNOOC training
KIKUUBE-670 out of the 700 youth in the Bunyoro Sub-region who applied to train as heavy machine operators in the oil and gas industry were not considered as they did not possess…
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Energy & Mining
Uganda relieved as intercontinental summit clears EACOP project
MAPUTO — The Africa, Caribbean, Pacific -European Union [ ACP-EU ] Joint Parliamentary Assembly sitting in Maputo City, Mozambique on Wednesday voted to let Uganda proceed with developing the much-needed East African…
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Development
Adjumani journalists petition gov’t over violation of their rights
ADJUMANI- Concerned journalists from the west Nile region and especially the three districts of Moyo, Adjumani, and Obongi yesterday delivered a petition to the office of the resident district commissioner Adjumani, protesting…
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Finance & Banking
Uganda scores high in 2022 Absa Africa Financial Markets Index
KAMPALA– African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, Officicial Monetary Financial Institutions Forum [OMFIF] said as it released 2022 Absa…
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Africa
States urged to upscale utilisation of COMESA Free Trade Preferences
LUSAKA – Partner States in the COMESA Free Trade Area have been urged to upscale utilisation of the preferences provided under the free trade area [FTA] regime. Currently, it is estimated that…
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Energy & Mining
EACOP: TotalEnergies boss snubs European Parliament invite
KAMPALA-Patrick Pouyanne, the Chairman and Chief Executive Officer of TotalEnergies has declined to appear before the European Parliament’s sub-committee on Human Rights, saying legislators there took a tough yet deeply biased decision…
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Health
Over Shs 5.7bln availed to improve tracking of under-immunised and unimmunised children
KAMPALA-The Government of Japan has provided a US$ 1.5 million [ Shs 5,710,860,000] contribution to the United Nations Children’s Agency [UNICEF], to support Uganda to improve tracking of under-immunised and unimmunised children…
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Finance & Banking
Housing Finance Bank Uganda eases trading as it unveils gov’t securities portal
KAMPALA-Housing Finance Bank Uganda has launched the government securities portal for customers who invest in treasury bonds and bills to help government raise funds for its development activities. In 2020, the Bank…
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Agriculture
Digital regional food balance sheet launched
KIGALI-COMESA in partnership with several stakeholders, among them the Alliance for Green Revolution in Africa [AGRA] days ago launched the digital Regional Food Balance Sheet [RFBS]. The RFBS aims to accelerate the…
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