THE HAGUE, Netherlands | NEWS CORRESPONDENT | The Embassy of Uganda in Brussels has initiated a high-level trade mission to the Netherlands, prioritizing the acquisition of Dutch agritech and infrastructure to drive Uganda’s transition into a technology-led, value-added economy. The five-day mission, organized in partnership with the Netherlands-African Business Council, aims …
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NAIROBI, KENYA | Xinhua | The self-serving and ulterior political motives attached to the African Growth and Opportunity Act (AGOA) have undermined the growth of Africa’s industries, a Kenyan scholar has said. Patrick Lumumba, a legal scholar and former director of Kenya’s anti-graft agency, told Xinhua in an interview that …
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KAMPALA, UGANDA | Xinhua | A senior Ugandan official on Tuesday welcomed China’s decision to fully implement zero-tariff treatment for 53 African countries with diplomatic relations, starting from May 1, saying the move will accelerate industrialization and economic development across the continent. Oryem Henry Okello, Uganda’s minister of state for …
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COMMENT | NANTEZA SARAH KYOBE | A week ago, Uganda hosted its first Africa Industrialization Week, attracting over 40 countries and 450 participants to the Munyonyo Commonwealth Resort to discuss issues related to industrialization of the continent. The launch of the inaugural Africa Industrialization Week in Uganda coincides with a period …
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Arusha, Tanzania | THE INDEPENDENT | The African Development Bank (AfDB) and the East African Business Council (EABC) have signed a $1 million grant agreement aimed at promoting sustainable industrialisation and strengthening manufacturing value chains across East Africa. The deal, announced on July 1, will support technical assistance, research, policy dialogue, …
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KIGALI, RWANDA | Xinhua | Rwanda prioritizes strategic investment, including in human capital, industrialization, agricultural productivity, and social protection, as part of its strategy to sustain growth in the next fiscal year, the finance minister has said. The government’s total estimated resources are projected to reach 7 trillion Rwandan francs …
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The country’s investment promotion agency licensed 426 planned investment projects valued at Shs9.63tn in the FY 2023/24 Kampala, Uganda | JULIUS BUSINGE | The Uganda Investment Authority (UIA) is seeking Shs173.9billion for the Financial Year 2025/2026 to cover wage and non-wage expenditures, with the bulk of the money, Shs161.5billion in already …
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DAR ES SALAAM, TANZANIA | Xinhua | The history of modern economic development reveals that industrialization is essential for achieving modernization. As partners in this regard, China and Africa possess complementary advantages and substantial potential for industrial cooperation. From infrastructure projects, industrial parks to talent grooming programs, China-Africa cooperation is …
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In both cases, improved connectivity failed to catalyse industrialization and instead encouraged land speculation as it opened up new spaces to real estate investment Kampala, Uganda | AGENCIES | The African Union’s flagship Agenda 2063 initiative prioritises large-scale infrastructure development and promises to “link the continent by rail, road, sea and …
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Addis Ababa, Ethiopia | Xinhua | The upcoming China-Africa Economic and Trade Expo will be an impetus for strengthening Ethiopia-China economic ties and advance the East African country’s strive for industrialization, an Ethiopian official has said. Deputy Commissioner of the Ethiopian Investment Commission (EIC) Daniel Teressa said Ethiopia envisaged to take …
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The Independent Uganda: You get the Truth we Pay the Price
