Makers of beehives are only using bamboo now, because most trees have been cut down for charcoal. Lamwo, Uganda | THE INDEPENDENT | Denis Okello started recognizing the bamboo expanse in Lamwo district as his lifeline when he was only 17- years old. Having lost his parents during the …
Read More »Ecobank Group recognizes Cameroonian fintech
Kampala, Uganda | THE INDEPENDENT | Pan-African Banking Group, Ecobank Group, has announced Koree, a fintech company based in Cameroon, as the overall winner of the 2023 Ecobank Fintech Challenge. The announcement was made by a distinguished panel of judges during the competition’s Grand Finale at the bank’s headquarters at the …
Read More »Treepz and Octamile unveil “Treepz Care” insurance for car rentals
Partnership represents significant milestone in Africa’s travel and mobility industry Kampala, Uganda | RONALD MUSOKE | Africa’s leading car-sharing marketplace, Treepz, has joined forces with Octamile, a prominent insurtech firm, to unveil “Treepz Care,” an innovative insurance programme aimed at transforming travel and mobility throughout the continent. This collaboration offers comprehensive coverage …
Read More »President Museveni to grace the 30-year construction sector activities
The construction and infrastructure sector contribute significantly to Uganda’s Gross Domestic Product (GDP), accounting for 12% Kampala, Uganda | JULIUS BUSINGE | The Uganda National Association of Building and Civil Engineering Contractors (UNABCEC), in collaboration with the Ministry of Works and Transport, is set to commemorate three decades of excellence in …
Read More »Ugandan Sinotruk assembler targets regional market
Kampala, Uganda | URN & AGENCIES | Double Q Company Ltd has commenced construction of a new assembly plant to increase its output of mainly Sinotruk heavy goods trucks in Uganda. Currently, the company with its operations at Busega along the Northern Bypass in Rubaga Division, Kampala, is putting out …
Read More »Uganda achieves record coffee export revenues, generates $940.3 million
Pests and diseases, including root mealy bugs and coffee berry disease, remains a big challenge to the farmers Kampala, Uganda | JULIUS BUSINGE | Uganda has achieved a historic milestone in its coffee exports, generating an impressive $940.3 million in revenues for the 2022/2023 coffee year that concluded on September 30. …
Read More »Stop EACOP shifts campaign to Chinese banks
Kampala, Uganda | THE INDEPENDENT | The stop EACOP campaigners are now targeting Chinese banks and insurance firms from funding the longest crude oil pipeline between Uganda and Tanzania. The latest move by the international and their local campaigners comes after they successfully fought off Western banks and insurance firms from …
Read More »AfDB approves Shs 11bn fertilizer deal for Ugandan farmers
Studies show Uganda has one of the highest soil nutrient depletion rates in the world Kampala, Uganda | RONALD MUSOKE | The African Development Bank Group’s Board of Directors has approved a project that seeks to procure 60,000 metric tonnes of fertilizer for 400,000 Ugandan smallholder farmers over the next three …
Read More »Africa Oil Week
Kampala, Uganda | THE INDEPENDENT | Africa must set the terms and the time frames of its own energy transition. This was the message of South African Deputy President Paul Mashatile as he delivered the keynote speech at the African energy event dubbed Africa Oil Week. “We recognise the need to …
Read More »AI Solution wins TotalEnergies rEVolution hackathon
Kampala, Uganda | THE INDEPENDENT | An innovative solution utilizing artificial intelligence to identify optimal locations for Electric Vehicle (EV) charging points has clinched the top spot in the prestigious ‘TotalEnergies Uganda rEVolution hackathon.’ The ingenious solution presented by the TBKN team was unveiled as the winner during an awards ceremony …
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