Africa News Uganda projects Shs 57.441t resource envelope for FY25/26 Aya Anwar Nov 13, 2024 0 Uganda’s preliminary resource envelope for the 2025/26 financial year is projected at Shs 57.441 trillion,…
Africa News Egypt’s Arab Contractors wins $70-m road project in Uganda Aya Anwar Oct 16, 2024 0 Arab Contractors Co. has secured a $70 million contract for the design and implementation of the 56-kilometer…
Featured EU coffee imports hit €10.6 b in ’23 Aya El Sayed Oct 2, 2024 0 The European Union (EU) imported 2.7 million tons of coffee from non-EU countries in 2023, valued at €10.6 billion,…
Africa News Bank of Uganda cuts interest rate by 25 basis points Aya Anwar Aug 7, 2024 0 Bank of Uganda Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 10 per…
Africa News Uganda lowers economic growth forecast for ’24/’25 Aya Anwar Jul 16, 2024 0 Uganda's Finance Minister reversed the country's economic growth forecast for the 2024/2025 fiscal year, projecting…
Africa News Egypt remains Africa’s top investment destination – UNCTAD Nada Ali Jul 14, 2024 0 Egypt has been named Africa's top destination for foreign investment for the second consecutive year, according to…
Egypt News Big 5 Construct showcases Egypt’s infrastructure transformation Yomna Yasser Jun 26, 2024 0 Egypt's construction and infrastructure sectors are thriving with new cities and mega projects. The sixth edition…
Africa News Uganda, S. Korea ink infrastructure development deal Aya Anwar Jun 6, 2024 0 Uganda has secured a $500 million loan from South Korea in a deal to support the infrastructure development in the…
Africa News China’s Sinohydro discusses building $180m power transfer in Uganda Aya Anwar May 14, 2024 0 Uganda is in talks with Sinohydro Corporation Limited to establish a $180 million power transmission line to supply…
Africa News Uganda secures $295m loan from S. Arabia’s IDB Aya Anwar Apr 30, 2024 0 Uganda has recently inked a deal with the Islamic Development Bank (IDB) of Saudi Arabia, securing a $295 million…