The Uganda government is courting global lenders to revive the €2.7 billion stalled project COVER STORY | IAN KATUSIIME | Uganda’s long-delayed Standard Gauge Railway (SGR) project is facing another major financing test, with questions over whether the government can secure the €2.7 billion (Shs13.31 trillion) needed …
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New York, US | THE INDEPENDENT | Uganda has urged the international community to move beyond ad-hoc security cooperation and operationalize a balanced, predictable financial burden-sharing partnership to secure long-term stability across Africa. Ambassador Rebecca Amuge Otengo, Uganda’s Permanent Representative to the African Union, made the call while addressing …
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New York, US | THE INDEPENDENT | Uganda has urged the international community to move beyond ad-hoc security cooperation and operationalize a balanced, predictable financial burden-sharing partnership to secure long-term stability across Africa. Ambassador Rebecca Amuge Otengo, Uganda’s Permanent Representative to the African Union, made the call while addressing …
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Hoima, Uganda | URN | Hotel owners in the Bunyoro sub-region are still waiting for the Shs102 billion in government funding promised to help upgrade their facilities ahead of the 2027 Africa Cup of Nations (AFCON). The funding was announced earlier this year as part of government efforts to improve accommodation …
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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 …
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Kampala, Uganda | THE INDEPENDENT | Butabika National Referral Mental Hospital has a funding deficit of Shs102 billion to effectively run its wage, non-wage and capital development priorities, according to Executive Director, Dr. Juliet Nakku. While appearing before the Public Accounts Committee (Central Government) on Monday, 16 March 2025, Dr. …
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Kampala, Uganda | THE INDEPENDENT | Parliament’s Education Committee has received urgent appeals from three key institutions, the National Council for Higher Education (NCHE), the National Curriculum Development Centre (NCDC), and the Uganda National Institute for Teacher Education (UNITE), for more than UGX 118 billion in additional resources in the …
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With external borrowing under pressure, African states are redesigning how they fund infrastructure. Capital-market instruments, pooled funds and long-term domestic investors are emerging as central to the continent’s next build-out. SPECIAL REPORT | BIRD AGENCY | African governments are increasingly exploring alternative ways to finance infrastructure, moving beyond conventional external …
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Africa’s startup ecosystem is bouncing back, with 2025 funding levels seen surpassing 2024 and 2023, driven largely by a surge of local investors taking charge. SPECIAL REPORT | BIRD AGENCY | Africa’s startup ecosystem is emerging from two difficult years with renewed momentum, buoyed by a funding rebound that is …
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The cuts are brutal. But with a $1 billion funding gap in 2026, there remain uncertainties ahead Geneva, Switzerland | THE INDEPENDENT & AGENCIES | The World Health Organization will lose a significant number of its global staff by June 2026, after months of a painful reorganization process in response to significant donor …
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The Independent Uganda: You get the Truth we Pay the Price
