Peace settlements have redistributed access to money, offices and external finance among elites, leaving intact the coercive revenue system and war economies that preceded them COMMENT | MATTHEW BENSON-STROHMAYER | South Sudan’s independence from Sudan in 2011 was meant to close the chapter on one of Africa’s longest civil wars: …
Read More »Uganda’s informal Wi-Fi entrepreneurs test the limits of digital expansion
Wifi crackdown comes at the time the country’s internet market continues to expand, with UCC reporting 18.5 million internet subscriptions and 47.1 million active mobile subscriptions Kampala, Uganda | JULIUS BUSINGE | For the past six months, Derrick has operated a small but profitable internet business from three locations …
Read More »Kapeeka Industrial Park: A window into Uganda’s industrial future
COMMENT | NANTEZA SARAH KYOBE | The Baganda have a saying, ‘Okutambula kulaba, okudda kunyumya’, that can be loosely translated as ‘travel and see, then return home to share the story’. My recent visit to the China–Uganda Liao Shen Industrial Park in Nakaseke District, popularly known as Kapeeka Industrial Park, indeed …
Read More »NCBA targets Uganda SMEs with faster loans
The lender has waived transaction charges and loan arrangement fees for six months and says credit decisions will be made within 48 hours Kampala, Uganda | JULIUS BUSINGE | NCBA Bank Uganda has launched a new business banking proposition offering unsecured loans of up to Shs500 million within …
Read More »Mwami and Kisadha get a second shot at Stanbic Bank Matchplay final
Entebbe, Uganda | PHILLIP CORRY | Richard Mwami and Tony Kisadha have stormed the final of the Stanbic Bank Match Play Challenge at Entebbe Club. Mwami and Kisadha had to dig deep on Saturday to secure their place in the final winning on the second extra hole. “We are …
Read More »AI is becoming Africa’s next creative infrastructure
New investments from technology companies suggest AI is becoming as important to Africa’s creative economy as affordable cameras and smartphones were a decade ago. Rather than focusing solely on discovering talent, companies are increasingly investing in the tools, financing and infrastructure that allow African creators to produce world-class content …
Read More »Fifteen years of independence for South Sudan, but still little to celebrate
People feel they are being held hostage by the ongoing conflict between Kiir and his former vice-president Riek Machar Juba, South Sudan | AGENCIES | South Sudan, the world’s youngest country, on July 9 marked the 15th anniversary of its independence, following decades of war with Sudan, a …
Read More »U.S., Iran exchange fresh strikes as tensions escalate
TEHRAN | Xinhua | The United States completed a third round of strikes on Iranian military targets on Sunday, while Iran launched attacks on U.S. bases and facilities across the Gulf, marking a sharp escalation despite a memorandum of understanding (MoU) signed in June. The U.S. Central Command said on …
Read More »Pearl Bank and Ronalds in Africa train SMEs how to scale agri-production
Agri SMEs urged to take advantage of available funding opportunities at 3 Day Bootcamp by Pearl Bank Kampala, Uganda | NEWS CORRESPONDENT | Pearl Bank, in partnership with Ronalds in Africa, on Friday concluded a 3-day bootcamp aimed at encouraging farmers to take advantage of available funding opportunities so …
Read More »Nigeria joins Africa’s race to bring Formula 1 back to the continent
Nigeria’s decision to bid for a Formula 1 Grand Prix shows that Africa’s campaign to return the championship has evolved into a continent-wide competition rather than a select countries’ ambition SPECIAL REPORT | BIRD AGENCY | Nigeria has officially entered Africa’s race to host a Formula 1 Grand …
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