Business

  Dubai, UAE | THE INDEPENDENT | African electric mobility company Spiro has secured a fresh $55 million investment from Chinese growth-stage fund NewTrails Capital, bringing the company’s latest funding round to $270 million as it accelerates expansion of its electric vehicle and battery-swapping infrastructure across the continent, the company …

  dfcu’s Inaugural CEO Masterclass Redefining Leadership Through Impact   Kampala, Uganda | NEWS CORRESPONDENT | What if the true measure of a leadership programme was not the certificates awarded at the end, but the difference its graduates create long after? For the first cohort of the dfcu CEO Masterclass, …

Fort Portal, Uganda | URN | Coffee farmers in Tooro have decided to form Tooro Coffee Cooperative Union to strengthen their bargaining power, improve market access, and increase incomes from coffee farming.    The decision was reached during a meeting held at Kalya Courts Hotel in Fort Portal City. The …

  The sub-sector continue to grapple with high production costs, limited access to long-term capital, dependence on imported inputs and fragmented supply chains   Kampala, Uganda | THE INDEPENDENT | Uganda’s manufacturers are calling for deeper collaboration across supply chains, innovative financing mechanisms and greater investment in value addition as …

  Kampala, Uganda | NEWS CORRESPONDENT | Uganda continues to face a significant household energy challenge, particularly in rural communities where access to modern energy sources remains limited. The vast majority of families rely on biomass fuels such as firewood and charcoal, burned on traditional three-stone fires or rudimentary metal …

  As the world marked World Refugee Day, a growing number of displaced families in Uganda are moving beyond survival and building sustainable livelihoods through access to financial services.   Kampala, Uganda | NEWS CORRESPONDENT | Every year on June 20, World Refugee Day reminds the world that behind every …

Arua is currently Uganda’s second-busiest airport after Entebbe and sits at the centre of a region rich in agricultural, tourism and mineral resources   Arua, Uganda | THE INDEPENDENT | Uganda secured €155.99 million (Shs 677.4 billion) in financing from the African Development Bank Group to transform Arua Airport into …

  Uganda’s Shs84.4tn budget, the largest in the country’s history, allocates substantial funding to security, transport infrastructure, healthcare, education and agro-industrialisation   Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic prospects will depend less on policy announcements and more on execution, economists and business leaders have warned, as the country …

    Kampala, Uganda | NEWS CORRESPONDENT | Africa’s displaced population of 43.1 million people, refugees and internally displaced persons combined, generates an estimated $27 billion in annual income, a report by the Amahoro Coalition indicates. The Amahoro Coalition on Thursday released a research report, “Hiding in Plain Sight: Africa’s $27B Displacement Market …

  Lira, Uganda | NEWS CORRESPONDENT | For decades, cocoa cultivation was considered impossible in Lira and the wider Lango sub-region. Farmers believed the area’s rainfall patterns, heat, and soil conditions could not support a crop traditionally associated with wetter regions such as Bundibugyo or West Africa. Today, that assumption …