The project will be implemented in 69 districts and will directly benefit about 2,850,000 individuals. Given that project intervention areas will also cover refugee hosting districts, about 50,000 refugees are expected to directly benefit from project activities bringing the total number of direct beneficiaries to about 2.9 million. Munyonyo, Uganda …
Read More »Opportunity Bank, U.S gov’t partner to promote lending among refugees
Kampala, Uganda | THE INDEPENDENT | The United States International Development Finance Corporation (DFC) has partnered with Opportunity Bank Uganda to promote lending to refugees and host communities. Through their collaboration with Opportunity International, one of the bank’s key shareholders, the bank launched the Refugee Innovation, Self-Reliance, and Empowerment program. This …
Read More »African debt: Debunking myths and identifying sustainable solutions
The 2024 UN OSAA flagship report addresses the urgent need to reform Africa’s debt structures and suggests how countries can get out of unsustainable debt ANALYSIS | AGENCIES | To achieve the Sustainable Development Goals (SDGs) and Agenda 2063 aspirations, Africa requires an additional $1.3 – 1.6 trillion in financing. According …
Read More »Top brands and agencies vie for UMEAS 2024 honours
Kampala, Uganda | THE INDEPENDENT | Uganda Marketing Excellence Awards (UMEAS) have announced the reception of the highest number of entries from top corporate brands and agencies, for the 2024 edition. According to Shafique Ssemakula, the co-founder of Evolve Africa and the organizers of the UMEAS, this year’s edition registered the …
Read More »EquityBCDC MD Mulamba paints rich picture of the hosts as DRC Equity Bank conference starts
Kinshasa, DRC | THE INDEPENDENT | Equity BCDC Managing Director, Willy Mulamba, has painted a rich picture of DRC’s economic potential for delegates attending the 3rd trade mission to the Democratic Republic of Congo from Kenya, Uganda and Tanzania. “DRC is a country rich in resources and opportunities and …
Read More »Over 200 delegates in Kinshasa for third Trade Mission to West and South DRC
Kinshasa, DRC | THE INDEPENDENT | Over 250 delegates drawn from the host country DRC as well as Kenya, Uganda and Tanzania are in Kinshasa for a business-to-business conference to deepen understanding of trade in the region. Delegates attending the third Trade Mission to the Democratic Republic of Congo jetted into …
Read More »Absa rewards customers
Kampala, Uganda | THE INDEPENDENT | On Nov.11 Absa Bank Uganda handed over cash prizes totaling Shs100 million to winners from the ongoing card usage campaign dubbed “UGX 200 million can change your story”. The 10 winners used their Absa debit or credit cards for at least five transactions from September …
Read More »TotalEnergies revamps Rubia Engine Oils
Kampala, Uganda | THE INDEPENDENT |On Nov.13, TotalEnergies Marketing Uganda launched reformulated cutting-edge Rubia engine lubricant oils, aligning with Uganda’s revised US 249 Standard for engine oils. This upgrade ensures better engine protection and longevity, meeting the latest regulatory requirements by the Uganda National Bureau of Standards. With the introduction …
Read More »Getting Gen Z work-ready: African universities stepping up
Africa’s Gen Zs, promised opportunity, innovation and new technology but faced with the very real world of a workplace in flux, constrained labour markets, high inflation and increasing criticism of their work ethic, are finding very little to cheer about. So a growing number of African universities are stepping in, …
Read More »UDB champions green financing in Africa
Domestic banks, pension funds and financial institutions play a critical role in mitigating these climate-related risks and providing partners with the tools to invest with confidence ANALYSIS | THE INDEPENDENT | State-owned development financing institution, Uganda Development Bank on Nov.15 convened a high-level meeting with key stakeholders on the sidelines of …
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