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UNDP, African leaders launch Timbuktoo Initiative

The one-billion dollar fund aims to support the African startup ecosystem ANALYSIS | AGENCIES | The United Nations Development Programme (UNDP) launched on Jan.17 the bold and ambitious “timbuktoo” initiative together with African countries. In a special session of the World Economic Forum at its 24th Annual Meeting in Davos, Switzerland, …

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NRM at 38

Fatigue, intrigue, corruption, violence while Museveni lingers on Kampala, Uganda | IAN KATUSIIME | The National Resistance Movement (NRM) is marking its 38th anniversary amidst creeping fatigue, grinding corruption, worsening human rights abuse and the ever present puzzle of succession. The NRM came to power on January 26, 1986 when its …

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Why the rich get richer

New Oxfam report says they exploit the poor Kampala, Uganda | RONALD MUSOKE | Oxfam; the global anti-poverty NGO, has once again released a report on trends of wealth accumulation among the rich and poverty deepening among the poor. While the anger directed at the rich individuals and corporations is the …

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ATIDI backs 20MW solar project in Uganda

Project is part of moves by Gulf countries to establish themselves as Africa renewable energy market leaders Dubai, UAE | AGENCIES | African Trade & Investment Development Insurance (ATIDI) announced its intent to support the 20 MW Ituka West Nile Uganda Ltd solar project developed by AMEA Power, a Dubai-based Independent …

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