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In The Magazine

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Continental Re Holdings relocates headquarters to Botswana

    Lagos, Nigeria | THE INDEPENDENT | Continental Reinsurance Holdings, a leading African reinsurance group, has moved its Group Holding Company from Mauritius to Botswana, in a strategic decision aimed at consolidating its continental footprint and strengthening operational resilience. Founded in Nigeria four decades ago, Continental Reinsurance serves clients across …

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UEGCL struggles with Karuma dam costs as profit drops

The company operates four power stations — Nalubaale–Kiira, Isimba, Namanve and Karuma — with a combined installed capacity of 1,213MW Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited (UEGCL), the state-owned power producer, reported a sharp fall in annual profit for the 2024/25 financial year, underscoring the …

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