The conference concluded with a strong emphasis on national content development, recommending that mining regulations incorporate strategies to boost Ugandan participation Kampala, Uganda | JULIUS BUSINGE | The urgent need for increased funding in Uganda’s mineral sector took center stage at the 13th Mineral Wealth Conference, held in Kampala from Oct.1-2. …
Read More »Donor funding falls short for Africa’s digital health
ANALYSIS | KWASI BOAHENE | As African countries struggle with overburdened healthcare systems, limited resources, and an increasing prevalence of chronic diseases such as cancer, digital health innovations are essential. However, relying on donor funding alone is not enough to support these developments. So says Kwasi Boahene, director of health systems …
Read More »Museveni engages Standard Chartered Bank on funding key projects
The lender has expressed interest in financing additional projects, including the SGR and the UMEME buyout, totaling USD 4 billion Kampala, Uganda | JULIUS BUSINGE | On July 25, President Yoweri Museveni met with a team from Standard Chartered Bank’s Export Finance division at State House, Entebbe, to explore potential funding …
Read More »Global neglect: Declining humanitarian funding leaves millions in peril
Ignoring humanitarian need is worsening suffering, fueling instability, and prolonging conflicts ANALYSIS | RONALD MUSOKE | For millions of people in conflict-ridden countries, their world is collapsing as the international neglect of life-saving aid reaches alarming levels, humanitarian agencies have warned. “I have never before seen such a glaring gap between …
Read More »Govt programs hit with Sh3 trillion funding gap
Kampala, Uganda | THE INDEPENDENT | The government spending plans have fallen short by sh3.337 trillion in the first seven months of this financial year, as revenue mobilization continues to be a thorn in government operations. This failure to meet its spending targets, made it worse for project implementation, as …
Read More »Organ transplants on hold due to funding shortfall
Kampala, Uganda | THE INDEPENDENT | The Ugandan government suspended its human organ transplant programme due to a lack of funding. Dr. Jane Aceng, the Minister of Health, explained the situation to Parliament’s Health Committee. The program requires Shs 5 billion to become operational. This money would be used to establish …
Read More »‘Uganda Govt must learn from COVID-19 funding mess’
Civil Society actors want Govt to rethink funding approach to tackle country’s emerging health security threats Kampala, Uganda | RONALD MUSOKE | Four years since the Uganda government went on a borrowing spree in its response towards the COVID-19 pandemic, civil society actors insist the government must fully account for all the …
Read More »27 Ugandans win Tony Elumelu funding support for 2024
Kampala, Uganda | THE INDEPENDENT | A total of 27 Ugandans have won funding support amounting to US$5, 000 (approx.Shs20million at current exchange rate) for the 2024 10th cohort, lower than over 209 winners for 2022, the Foundation’s chairman announced on March 22. Hoziana Niyonsaba Ssemanda, the head of marketing and …
Read More »How African startups raised funding in 2023
There was considerable debt uptake and regional VC diversification SPECIAL REPORT | BIRD AGENCY | After defying the global funding slowdown of 2022, Venture Capital (VC) investments in African startups dropped considerably in 2023, mirroring the situation in other regions where capital taps were significantly turned off. According to Techcrunch; …
Read More »PULKOL: School funding should extend beyond numbers
Kampala, Uganda | THE INDEPENDENT | David Pulkol, the Executive Director of the Africa Leadership Institute, and a researcher, is advocating for a shift in government funding policies for schools, particularly in regions such as Karamoja that have faced developmental challenges. Currently, the government allocates financial assistance to schools mainly …
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