Africa News Uganda in debt financing talks for 85% of $3.15b railway project Aya Anwar Aug 20, 2025 0 Uganda is finalising talks with development finance institutions and export credit agencies to get 85 per cent of a…
Africa News Uganda opens $250-m gold mine Aya Anwar Aug 17, 2025 0 Uganda has inaugurated its first large-scale gold mine, a $250 million Chinese-owned project in Busia district,…
Africa News Egypt seeks to expand investment, trade ties with Uganda: minister Nada Ali Aug 14, 2025 0 Egypt aims to deepen its economic and investment partnership with Uganda, focusing on infrastructure, agriculture,…
Egypt News Egypt pushes to fast-track Jordan cooperation pacts into action plans Nada Ali Aug 13, 2025 0 Egyptian Prime Minister Moustafa Madbouly has directed his Cabinet to move quickly on implementing agreements…
Africa News Egypt offers to help fund Uganda-Kenya Angololo Dam Project Yomna Yasser Aug 12, 2025 0 Egypt is ready to help finance the Angololo Multipurpose Dam Project between Uganda and Kenya through a $100…
Africa News Egypt’s Sisi warns against unilateral Nile measures, reaffirms Egypt’s water… M.S. Salama Aug 12, 2025 0 Egyptian President Abdel Fattah El Sisi on Tuesday reiterated Egypt’s complete rejection of unilateral actions in…
Egypt News Egypt-Uganda trade hits $139.1m in ’24 – CAPMAS Nada Ali Aug 12, 2025 0 Egypt’s trade with Uganda fell to $139.1 million in 2024 from $150.4 million a year earlier, Egypt’s statistics…
Africa News Egypt’s Sisi, Uganda’s Museveni discuss boosting ties M.S. Salama Aug 12, 2025 0 Egyptian President Abdel Fattah El Sisi received Ugandan President Yoweri Kaguta Museveni on Tuesday at Al…
Africa News Uganda’s Museveni discusses Nile cooperation with Egyptian ministers M.S. Salama Aug 5, 2025 0 Ugandan President Yoweri Museveni has met with Egyptian Foreign Minister Badr Abdel-Aty and Minister of Water…
Egypt News Egypt’s Sisi urges deeper local manufacturing M.S. Salama Jul 21, 2025 0 President Abdel Fattah El Sisi on Monday commended the efforts of the Arab Organisation for Industrialisation (AOI)…
Africa News Uganda secures $800m from IsDB Aya Anwar May 22, 2025 0 Uganda has signed Thursday a $800 million financing agreement with the Islamic Development Bank (IsDB) to fund…
Africa News Uganda hikes 2025/26 budget by 25% Aya Anwar Apr 30, 2025 0 Uganda has increased its proposed 2025/26 budget by 25 per cent to 71.9 trillion shillings ($19.6 billion), up from…
Commodities Uganda’s coffee export value jumps 83% in Jan Aya Anwar Feb 24, 2025 0 Uganda's coffee export value surged 83.4 per cent year-on-year in January to $156.5 million, driven by rising…
Featured Egypt explores agricultural collaboration with Senegal, Somalia Aya El Sayed Jan 12, 2025 0 Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk, engaged in discussions with his counterparts…
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…
Africa News Uganda to import petroleum products via Kenya’s Mombasa port Aya Anwar Mar 28, 2024 0 Kenya will enable Uganda's state oil firm to import petroleum products through its Mombasa port, Reuters reported…
Africa News Uganda estimates spending UGX53.3tn on current financial year Aya Anwar Feb 20, 2024 0 Uganda's government estimates spending 53.3 trillion shillings ($13.74 billion) for the fiscal year that begins in…
Banks Uganda central bank keeps rates at 9.5% Nada Ali Feb 6, 2024 0 The Bank of Uganda (BoU) leaves its benchmark rate unchanged at 9.5 per cent as inflation remains below its…
Africa News Uganda in talks with UAE’s Alpha MBM over oil refinery project Aya Anwar Jan 23, 2024 0 Uganda is in talks to build a refinery for crude oil, with an investment company led by Sheikh Mohammed bin Maktoum…
Tech/AI Uganda to pay Umeme $225 mln by end of concession Nada Ali Jan 4, 2024 0 Uganda will pay about $225 million to state’s electricity company Umeme Limited to allow the utility to recoup its…
Africa News Afreximbank, Hassan Allam sign facility agreement worth $200mln Sama Mousa Nov 12, 2023 0 Africa Export-Import Bank (Afreximbank) signed a facility agreement with Hassan Allam Group worth $200 million on…
News Saudi SDAIA, Google Cloud to train 1K women from 28 countries Sama Mousa Aug 15, 2023 0 The Saudi Data and Artificial Intelligence Authority (SDAIA) is working with Google Cloud to train 1,000 women from…
News Tanzania inflation drops to 3.6% – BOT Nada Ali Jul 26, 2023 0 The Bank of Tanzania (BoT) reported on Monday that the inflation has dropped to 3.6 percent in June from 4 percent…
Africa News Egypt bids to host Africa Cup of Nations 2027 Nada Ali Jun 5, 2023 0 The Confederation of African Football (CAF) announced on Thursday that it has received declarations of interest…
Banks AfDB shares its projects in East Africa region Yassmine Elbehnaihy May 22, 2023 0 The African Development Bank Group (AfDB) has shared its projects in East Africa region on Monday, which cover…
Banks AfDB approves $11.7mln to fertilisers for African farmers Nada Ali May 18, 2023 0 The African Development Bank’s (AfDB) board has approved on Tuesday a $11.7 million budgetary allocation to the…
Money Egypt’s Arab Contractors says work on Uganda projects 80% complete Marwa himdan Oct 7, 2020 0 Egypt’s state-run Arab Contractors (AC) said on Tuesday work on three major infrastructure projects in Uganda had…
Money Egypt’s Arab Contractors finalises rehabilitation of Kayunga Hospital in Uganda Amwal Al Ghad English Jul 5, 2020 0 Egypt’s state-run construction firm, Arab Contractors said it has completed the rehabilitation of Kayunga Hospital…
Tech/AI Dubai’s Majid Al Futtaim to invest in Saudi, Egyptian, other emerging markets – CEO Amwal Al Ghad English Dec 4, 2019 0 Dubai-based Dubai’s Majid Al Futtaim is planning to invest in Saudi, Egyptian, Uzbekistani, and Ugandan markets,…
Money Egypt’s AC receives Uganda’s 2019 best construction firm award Marwa himdan Dec 2, 2019 0 Egypt’s state-owned Arab Contractors (AC) has won the 2019 best construction company award in Uganda for…
Tech/AI Egypt’s Saad El Din Group invests $10million in Uganda to manufacture gas cylinders Sanaa Allam Sep 12, 2019 0 Egyptian company Saad El Din Group set s to invest over $10 million to carry out a plant in Uganda that will…