Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets that the Group operates in, Equity Group Holdings Plc (EGH) continues to...
In Uganda, agriculture is the leading employer of the country’s largest labour force. In FY 2022/23, agriculture accounted for about 24% of GDP and 35% of export earnings. The Uganda...
In a move that sparked widespread controversy, the Kenyan government recently announced a $2.047 billion deal with Adani Airport Holdings Ltd., an Indian conglomerate founded by Gautam Adani, to expand...
The Rwandan government has renewed its commitment to promoting electric mobility by extending the zero-rated import duty on electric and hybrid vehicles until the end of the fiscal year 2024/25....
The Bugesera International Airport, located about 40 kilometres south of Kigali, is making significant strides in its construction, with ground-level facilities and infrastructure now reported to be 85% complete. Managed...
A new credit ratings company tailored to Africa’s sovereign borrowers is set to launch next year, according to Albert Muchanga, the African Union’s commissioner for development, trade, tourism, industry, and…
In a major coup, Uganda has been named the “Best Investment Destination in Africa” at the prestigious Annual Investment Meeting (AIM) held in Abu Dhabi, United Arab Emirates. This marks…
The EAVCA (East Africa Venture Capital Association) is the primary industry association for East Africa’s private equity and venture capital ecosystem. It was founded in 2013 to represent the private…
Mastercard Foundation has appointed Kenyan business executive, Carole Wamuyu Wainana to its Board of Directors. Carole joins Mastercard Foundation on the back of a tremendous 35-year career as a business…
The Yield Uganda Investment Fund, managed by Pearl Capital Partners, has announced the successful equity investment exit from Enimiro, a Ugandan vanilla processor and exporter. This exit, the first of…
Uganda is set to host the 8th edition of the East Africa Venture Capital Association (EAVCA) Annual Private Capital Conference on the 13th of June 2024 at Speke Resort Convention…
Forbes Africa released its annual list of Africa’s billionaires with its 2024 class of 20 billionaires now worth $82.4bn. Collectively, these billionaires would be the 18th richest person in the…
Rwanda is set to commence the construction of its ambitious Kigali Innovation City (KIC) in September 2024 after key details regarding the project’s financing were agreed upon on the sidelines…
The Capital Markets Authority (CMA) of Rwanda has welcomed seasoned Botswana financial markets guru, Thapelo Tsheole, as its new Chief Executive Officer (CEO) replacing Eric Bundugu who has been acting…
This April, Rwandans in Rwanda and the world over commemorate 30 years (Kwibuka30) after the ghastly genocide in which more than 1,000,000 Tutsi, were killed. But like the Rwandan President…
