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…
113 Equity Leadership Program scholars have secured admission and scholarships to join 71 global universities located in 22 countries around the world. Equity Group Foundation (EGF) Executive Chairman Dr. James…
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…
Kariuki Ngari, an accomplished Kenyan career banker with over 30 years of experience has been promoted to the role of Chief Executive Officer of the Standard Chartered Bank Africa region. The role is an additional responsibility, and a highlight in his career as he continues his role as Managing Director of Standard Chartered Bank Kenya. The seasoned financial professional has…
The Northern Corridor Integration Projects (NCIP) partner states, comprising Kenya, Uganda, Rwanda, and the Democratic Republic of Congo (DRC), have agreed to jointly mobilize funds to fast-track the development of the Standard Gauge Railway (SGR) project. The decision was made during a meeting of the Joint Ministerial Committee on SGR, held in Mombasa, Kenya on Thursday, May 3, 2024. The…
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has announced a $26.5 million commitment to AFEX, Africa’s leading commodities platform. AFEX currently operates over 200…
Many African tax authorities have weak capacity to raise revenue. From 1990 to 2020, sub-Saharan African countries on average collected only about 12%-15% of GDP as taxes, a much lower…
Uganda is often called a small market. Despite having a population of over 40m, the purchasing power is relatively low. As a result, it is imperative for startups and other…
By Silvia Nyambura The last 2 years are perhaps the most difficult economic times, Uganda has experienced in a long time, but now experts predict 2014 is heavily billed as…
By Patrick Kagenda An International Alert (Uganda) commissioned report on the impact of South Sudan on Uganda`s economy titled, “South Sudan-Uganda investment & Trade relations: Preliminary Findings & Recommendations
