The Norval Sovereign African Art Prize aims to support leading artists ART | AGENCIES | Ugandan artist Collin Sekajugo has been shortlisted among finalists for the 2025 Norval Sovereign African Art Prize. The Norval Foundation and The Sovereign Art Foundation (SAF) on Jan.10 revealed the names of 29 artists shortlisted as …
Read More »Centenary Bank Commits Shs200m to Rotary conference
Kampala, Uganda | THE INDEPENDENT | Centenary Bank has pledged support to the upcoming Rotary District Conference and Assemblies for D9213 and D9214. The D9213 conference will draw Rotarians and Rotaractors from all over the country to discuss various items on their agenda and celebrate the milestones achieved in community service. …
Read More »Powering Africa: Tanzanian summit targets electricity for 300 million
Nearly 600 million people—83% of the global population—remain without power on the continent Dar es Salaam, Tanzania | THE INDEPENDENT | In a landmark effort to tackle Africa’s energy access crisis, the World Bank Group and the African Development Bank Group will host the Africa Energy Summit on January 27-28 in …
Read More »‘People who don’t use AI will be replaced with people who do’
INTERVIEW | Zain Verjee, an executive fellow at the Digital Data and Design Institute at Harvard University, is co-founder of an AI and communications consultancy, and hosts the podcast series Embedded. She talks to the African Business’ Omar Ben Yedder about the future of AI and technology adoption in Africa, two …
Read More »Polarisation on social media
Meta’s big changes in how the company addresses misinformation mean the dynamics that shape it are about to worsen COMMENT | COLIN M. FISHER | Meta founder and CEO Mark Zuckerberg has announced big changes in how the company addresses misinformation across Facebook, Instagram and Threads. Instead of relying on independent …
Read More »What Trump’s return means for Africa
America has long viewed the continent mainly through the lens of corporate interests and that’s unlikely to change COMMENT | ADEKEYE ADEBAJO | U.S. President Joe Biden’s end of 2024 trip to Angola was only his second to Africa, following his appearance at the 2022 United Nations Climate Change Conference in …
Read More »Zambia’s copper sector set for shake-up as government expands role in metals trading
The Southern African nation is heavily reliant on copper exports to fuel its economy, with the metal making up almost US$10bn of its US$29.2bn GDP in 2022 ANALYSIS | ISAAC HANSON | Zambia’s government is taking a more strategic approach to its involvement in the copper market with the launch of …
Read More »CMC Motors Group to exit East Africa
The company has been a cornerstone of the region’s agricultural sector, providing essential machinery and support to farmers Kampala, Uganda | THE INDEPENDENT | CMC Motors Group, a prominent player in East Africa’s automotive and agricultural machinery market, has announced plans to gradually wind down operations in Uganda, Kenya and Tanzania. …
Read More »Prosper Africa, Afreximbank partners to promote US-Africa trade
Washington, DC | THE INDEPENDENT | Prosper Africa and African Export-Import Bank have signed a new Memorandum of Understanding to boost trade and investment between the United States and Africa in key sectors. This strategic partnership aims to leverage the unique strengths of both organizations to mobilize trade opportunities and investment …
Read More »Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse Ethiopia | AGENCIES | It was a momentous occasion. But the peal of the bell did not initiate a flurry of trading at the Ethiopian Securities Exchange, which opened on January 10th. With no brokers and only one listed stock, …
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