West Africa now dominates growth in Africa’s mobile money sector Lagos, Nigeria| BIRD AGENCY | East Africa has lost its mantle as the engine of growth for Africa’s dynamic mobile money sector to West Africa, according to GSMA State of the Industry Report (SOTIR) 2023. East Africa – where the …
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East Africa’s cross-border electric railway line plans are upping the competition for cargo business in the region and helping the region tap a US$3 trillion single market opportunity Dar ea Salaam, Tanzania | BIRD AGENCY | Tanzania and Burundi have floated a tender for designing and constructing an electrified railway …
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Local Content Bill passed, procurement of EAC goods approved Kampala, Uganda | THE INDEPENDENT | Parliament has considered President Yoweri Kaguta Museveni’s recommendation on prioritisation of procurement of goods, works and services from the East African region under the passed National Local Content Bill, 2022. President Museveni returned the Bill, …
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Nairobi, Kenya | THE INDEPENDENT | Equity Group, East and Central Africa’s largest financial institution, has enhanced its position as one of the strongest banking brands globally by scoring highly, in the 2023 Brand Finance’s Brand Strength and Brand Value rankings. In its second consecutive appearance in the Brand Finance …
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Nairobi, Kenya | Xinhua | Chinese technology firm Huawei on Friday launched its latest Wi-Fi technology, Wi-Fi 7 for the east African market in a bid to revolutionize internet connectivity. Matamela Mashau, Huawei Chief Technology Officer for Southern Africa, told journalists in Nairobi, Kenya’s capital, that the innovation was driven by consumer …
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Beni, DRC | XINHUA & URN | UN Secretary-General Antonio Guterres urged the M23 rebel group to respect the latest ceasefire in the eastern Democratic Republic of the Congo (DRC), a UN spokesman said. Stephane Dujarric, the chief spokesman for Guterres, said the secretary-general urged the M23 to respect the ceasefire …
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Dar es Salaam, Tanzania | Xinhua | The East African Business Council (EABC) has applauded Tanzanian President Samia Suluhu Hassan for allocating three hectares of land for building its headquarters in the East African nation’s northern city of Arusha, the EABC said in a statement late Friday. Hassan on Friday handed over …
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East Africa largest freshwater vessel is the latest sign that East African countries are significantly ramping up maritime infrastructure, travel and trade Kampala, Uganda | AGENCIES | Tanzania on Feb.12 floated East Africa’s largest-ever domestically manufactured fresh water passenger and cargo ship, the MV Mwanza Hapa Kazi Tu, on Lake Victoria. …
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Wakiso, Uganda | THE INDEPENDENT | Taxi bodies in East Africa have resolved to introduce digital service tax. The resolution was taken at the 50th East Africa Revenue Commissioners-General meeting (EARACGs) at Serena Hotel Kigo, Wakiso District. Kenya has been the only country in the region with the tax and having …
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Kampala, Uganda | THE INDEPENDENT | Government accountability and public procurement agencies in East Africa have joined the East African Procurement Forum and exhibition due in Kampala next month, amidst worries about foreign competition for local contracts. The 14th Forum organized under the theme: “Open Contracting as a vehicle for Sustainable …
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The Independent Uganda: You get the Truth we Pay the Price