Business

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. …

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 …

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 …

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 …

THERE are prospects in many places across the continent of Africa. It provides a unique environment for revolutionary growth due in part, to its young and capable population, its resources, and emerging markets. For this to be realized fully, though, there are key questions that need to be answered on …

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. …

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 …

Boda Boda bank mooted Kampala, Uganda | THE INDEPENDENT | Uganda’s Minister for Local Government Raphael Magyezi has launched the National Boda-Boda Stage Development Model (NBSDM) at a colorful ceremony at Serena Victoria Ballroom in Kampala. Magyezi said NBSDM will help address the many challenges in the country’s rapidly growing …

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, …

  Kampala, Uganda | THE INDEPENDENT | Aviation experts have challenged Uganda Civil Aviation Authority (UCAA) to fast track the proposed national aviation policy and strategy, as it will be key in giving the country new direction and help the regulator keep pace with the best in the world. The experts asked …