Afreximbank’s record $1.5bn bond sale signals renewed global confidence in the continent’s growth prospects, but investors still demand a premium for risk Cairo, Egypt | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank (Afreximbank), secured its largest bond issuance on record after raising $1.5 billion from international …
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NAIROBI, Kenya | Xinhua | A bizarre map of Africa recently appeared in a U.S. government presentation at an international conference in Brazil. Nigeria was shown as a landlocked country in the Sahara, Mozambique was moved to the Horn of Africa, and Cote d’Ivoire was placed on the opposite side …
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Kampala, Uganda | URN | President Yoweri Museveni has declared that African countries will continue supporting Somalia’s peace and stabilisation efforts even if the United States and other international partners withdraw financial and logistical support for the African Union mission. Speaking on the final day of the Second Extraordinary Summit …
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China and Africa pursuing modernization together, with no country left behind, is “a very large undertaking,” said Xiang Wenbo, chairman of Sany Heavy Industry, one of China’s largest construction machinery manufacturers. NAIROBI | Xinhua | Sany Heavy Industry, one of China’s largest construction machinery manufacturers, posted 3.5 …
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The continental bid to make more of its own vaccines is moving from ambition to production NEWS ANALYSIS | RONALD MUSOKE | Africa has set itself an ambitious deadline of eliminating cholera by 2030. But behind that goal sits a more fundamental question about the continent’s ability to protect …
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Arua, Uganda | THE INDEPENDENT | For years, Africa’s music industry has been dominated by artists emerging from established entertainment capitals such as Lagos, Johannesburg and Nairobi. But the rise of digital streaming and content platforms is beginning to redraw that map, creating opportunities for artists working far from the …
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Kampala, Uganda | NEWS CORRESPONDENT | East Africa’s growing appetite for mobile internet continued to fuel Airtel Africa’s Mobile Services business during the quarter ended June 30, 2026, helping lift mobile services revenue to $607 million, up from $498 million in the same quarter last year. The performance reflects sustained …
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Geneva | URN | Global hunger has declined for the third consecutive year, offering renewed hope that progress against food insecurity is possible. Yet for Uganda and the rest of Africa, the latest United Nations findings are a reminder that the continent continues to carry the heaviest burden of hunger despite …
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Dubai, UAE | THE INDEPENDENT | One of Africa’s leading electric mobility company, Spiro, has published its inaugural Sustainability Report, unveiling ambitious environmental targets, including achieving net-zero Scope 1 and Scope 2 emissions by 2040, while positioning electric mobility as a key driver of economic growth and climate action across …
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Low earth orbit satellites operated by US tech giants are launching to offer internet services to under-served African communities. How should the continent greet their arrival – and how can African nations play a more active role in the space race, asks Lennox Yieke. Africa’s space economy has long been …
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The Independent Uganda: You get the Truth we Pay the Price
