The agreement comes as African businesses increasingly seek to use the AfCFTA to expand beyond their domestic markets Nairobi, Kenya | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank and the East African Business Council are expanding digital trade access for businesses across East Africa, linking companies …
Read More »Africa is building drug factories; Now it needs enough buyers
About 70% to 80% of medicines consumed in Africa are imported, according to the Access to Medicine Foundation ANALYSIS | PATRICIA AKANKWATSA | Africa is pouring money into pharmaceutical manufacturing as governments seek to reduce dependence on imported medicines. The bigger challenge may be finding enough buyers to keep …
Read More »Africa’s Future and Uganda’s Petroleum Security
BIRTHDAY REFLECTIONS | YOWERI KAGUTA MUSEVENI | I want to thank the 8 million well-wishers that sent me congratulations on my 82nd birthday on the 15th of September, 2026. Those well-wishes and God’s blessings will push me and Maama for another just 18 years to reach 100 years of age …
Read More »Beyond oil wells: How Kampala Storage Terminal fits into Uganda’s new fuel network
The East African nation is trying to build alternative fuel routes rather than depend on a single route NEWS ANALYSIS | JULIUS BUSINGE | Uganda’s oil story has, for more than a decade, been told from the shores of Lake Albert. That is where the country’s biggest …
Read More »EAC launches platform to unlock circular economy investment
Waste generation in the region increased to 180 million tonnes in 2023 from 90 million tonnes in 2010, according to a presentation by Gift Gabriel Mbuya of the East African Business Council Nairobi, Kenya | THE INDEPENDENT | East African governments and businesses have launched a regional …
Read More »Afreximbank, ZEP-RE partner on trade, insurance skills
Three-year partnership will combine trade finance, insurance and reinsurance expertise to build skills across African markets AFRICA NEWS | ISAAC KHISA | The African Export-Import Bank (Afreximbank) and ZEP-RE have signed a three-year agreement to strengthen professional and institutional capacity in trade, insurance, reinsurance, risk management and trade …
Read More »DRC Ebola outbreak still growing despite signs of progress
Geneva, Switzerland | URN | The World Health Organisation says the Ebola outbreak in the Democratic Republic of Congo is showing encouraging signs of slowing in some areas, but continues to grow and kill, with cases rising sharply in North Kivu. WHO Director-General Dr Tedros Adhanom Ghebreyesus says transmission is …
Read More »How AI is determining the price of your airline ticket
East African airlines are using algorithms to make pricing decisions leaving a question: when the price on the screen changes, how much of that decision belongs to a human revenue manager and how much belongs to a machine? NEWS ANALYSIS | IAN KATUSIIME | At midday on …
Read More »Uganda secures Shs113 billion climate finance for cutting deforestation
Kampala, Uganda | URN | Uganda has secured 113 billion shillings, equivalent to 31 million US dollars, from the Green Climate Fund (GCF) after achieving verified reductions in deforestation and forest degradation. The funding, announced at the launch of the Uganda REDD+ Results-Based Payments Project, rewards Uganda for reducing an estimated …
Read More »Qcil calls for Uganda – Nigeria partnership to strengthen Africa’s drug supply
Kampala, Uganda | THE INDEPENDENT | Quality Chemical Industries Limited (Qcil) has called for stronger cooperation between Uganda and Nigeria to expand pharmaceutical manufacturing, strengthen regional medicine supply chains and improve access to quality-assured medicines across Africa. The call was made during the Uganda–Nigeria Business Forum and Exhibition held in …
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The Independent Uganda: You get the Truth we Pay the Price