Kampala, Uganda | THE INDEPENDENT | A dialogue between regional policymakers and business leaders has made a raft of proposals for the East African Community governments to avoid bouts of food insecurity like the recent ones. The East African region’s food insecurity is exacerbated by natural disasters, climate change, and …
Read More »East African firms on the list of the continent’s most valuable brands
MTN Uganda and Stanbic Bank are the only Ugandan-listed companies on the list in the region Kampala, Uganda | THE INDEPENDENT | Seventeen East African firms are among the list of the continent’s most valuable brands, with the Safaricom retaining the top spot amidst a decline in its overall ranking. The …
Read More »Infrastructure questions loom over East Africa’s joint 2027 AFCON bid
Kampala, Uganda | THE INDEPENDENT | The Confederation of African Football (CAF) confirmed on Thursday that it had received a joint bid from Uganda, Kenya, and Tanzania to host the 2027 Africa Cup of Nations (AFCON), the continent’s biggest football event that takes place every two years. Uganda’s Football Federation Association …
Read More »West Africa edges East Africa as mobile money hotspot
West Africa now dominates growth in Africa’s mobile money sector Lagos, Nigeria| BIRD AGENCY | East Africa has lost its mantle as the engine of growth for Africa’s dynamic mobile money sector to West Africa, according to GSMA State of the Industry Report (SOTIR) 2023. East Africa – where the …
Read More »East Africa’s cross-border electric trains set to speed up intra-African trade
East Africa’s cross-border electric railway line plans are upping the competition for cargo business in the region and helping the region tap a US$3 trillion single market opportunity Dar ea Salaam, Tanzania | BIRD AGENCY | Tanzania and Burundi have floated a tender for designing and constructing an electrified railway …
Read More »Parliament considers Museveni’s input, Local Content Bill passed
Local Content Bill passed, procurement of EAC goods approved Kampala, Uganda | THE INDEPENDENT | Parliament has considered President Yoweri Kaguta Museveni’s recommendation on prioritisation of procurement of goods, works and services from the East African region under the passed National Local Content Bill, 2022. President Museveni returned the Bill, …
Read More »Equity ranked 3rd strongest bank in Africa
Nairobi, Kenya | THE INDEPENDENT | Equity Group, East and Central Africa’s largest financial institution, has enhanced its position as one of the strongest banking brands globally by scoring highly, in the 2023 Brand Finance’s Brand Strength and Brand Value rankings. In its second consecutive appearance in the Brand Finance …
Read More »Huawei launches Wi-Fi 7 for East African market to spur internet connectivity
Nairobi, Kenya | Xinhua | Chinese technology firm Huawei on Friday launched its latest Wi-Fi technology, Wi-Fi 7 for the east African market in a bid to revolutionize internet connectivity. Matamela Mashau, Huawei Chief Technology Officer for Southern Africa, told journalists in Nairobi, Kenya’s capital, that the innovation was driven by consumer …
Read More »UN Secretary-General urges M23 rebels to respect ceasefire
Beni, DRC | XINHUA & URN | UN Secretary-General Antonio Guterres urged the M23 rebel group to respect the latest ceasefire in the eastern Democratic Republic of the Congo (DRC), a UN spokesman said. Stephane Dujarric, the chief spokesman for Guterres, said the secretary-general urged the M23 to respect the ceasefire …
Read More »Tanzanian president allocates land to East African business body for building headquarters
Dar es Salaam, Tanzania | Xinhua | The East African Business Council (EABC) has applauded Tanzanian President Samia Suluhu Hassan for allocating three hectares of land for building its headquarters in the East African nation’s northern city of Arusha, the EABC said in a statement late Friday. Hassan on Friday handed over …
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