Tag Archives: investment

MBALE, Uganda | Xinhua | Chinese-funded industrial parks and factories are playing a vital role in driving Uganda’s industrial transformation, Ugandan President Yoweri Museveni said on Friday. He made the remarks when visiting the Sino-Uganda Mbale Industrial Park in the eastern city of Mbale. Museveni, who inaugurated four new Chinese-invested …

The country emerges as Glovo’s greenest market, fusing rapid digital growth with sustainable mobility Kampala, Uganda | JULIUS BUSINGE | Glovo, the Spain-headquartered multi-category delivery platform, has marked its fifth anniversary in Uganda with the opening of a new office in Kampala, signalling a Shs 33 billion investment that is reshaping …

The investment also aligns with SGA’s broader efforts to standardise operations across the region and reduce the long-term cost of fleet maintenance Nairobi, Kenya | THE INDEPENDENT | SGA Security, one of East Africa’s private security and logistics firms, has signed a strategic partnership with vehicle manufacturer Isuzu East Africa to …

Abuja, Nigeria | THE INDEPENDENT | African Export-Import Bank (Afreximbank) is set to host its 32nd Annual Meetings (AAM2025) in Abuja, Nigeria, from June 25 to 27, drawing a high-powered coalition of African, Caribbean (CARICOM), and global leaders. The event, which comes at a time of heightened geopolitical and economic uncertainty, …

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 …

However, Kenya leads the region with a significantly higher AUM of US$ 2.44 billion Kampala, Uganda | JULIUS BUSINGE | Uganda’s Collective Investment Schemes (CIS) licensed by the Capital Markets Authority (CMA) in Uganda surpassed Shs3.85 trillion (US$ 1.05 billion) in assets under management (AUM) as at the end of Dec …

Kampala, Uganda | THE INDEPENDENT | The French Government has revealed plans to spend 4 Billion Dollars or about 15 Trillion Shillings in Uganda over the next three years. This is part of the country’s renewed economic, social and political partnerships starting this year, according to the Embassy of France in …

The recent fourth edition of Equity Group’s Trade Mission, held in Kinshasa and Lubumbashi, brought together delegates from East Africa, including Kenya, Uganda and Tanzania Kinshasa, DRC | THE INDEPENDENT | The Democratic Republic of Congo (DRC), with its immense natural resources and dynamic economic sectors, is fast becoming a pivotal …

Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank’s investments resulted into the creation of more than 400 additional jobs, bringing the total to 51,841 last year, underscoring the lender’s contribution towards transforming people’s lives. According to UDB’s latest Development Impact Report, titled “Transforming Lives: The Role of UDB in Driving …

This the largest dividend the fund has earned from a listed company in the region this year Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund (NSSF) has accrued Shs 80.6 billion from its investment in telecom firm, MTN Uganda, over the past three years. This follows the latest …