MTN Uganda has announced its intention to proceed with an initial public offer (IPO) and subsequently list on the Uganda Securities Exchange (USE). The planned move follows the requisite approval by the Capital Markets Authority [c]
The US Development Finance Corporation (DFC) has invested $10 million in Nithio’s Financial Intermediary, Nithio FI,, an AI-enabled clean energy financing platform. Strongly aligned with DFC’s climate-focused investments agenda, the investment is aimed to enable [c]
Africell, which launched in Uganda in 2014, has announced that it will wind up its by 7 October 2021. Africell entered the Uganda telecoms sector and market by acquiring the operations of Orange in the [c]
Autochek, the automotive technology company facilitating auto financing across Africa and ROAM Africa (Ringier One Africa Media) have entered into an agreement for Autochek to acquire automotive marketplaces Cheki Kenya and Cheki Uganda, as Autochek [c]
Continuing to support education and youth, Canon EMEA, the global digital imaging solutions vendor, has announced its sponsorship participation for the tenth anniversary edition of Uganda Press Photo Awards 2021. Canon has been collaborating with [c]
A business which gives out virtual cash in exchange for rubbish, a start-up which converts faecal sludge into fuel briquettes, and an enterprise which offers smart metering solutions for solar mini-grids, have won the SEED [c]
For sports predictions to bring you not only pleasure but also real income, it is important to choose a reliable betting brand as a long-term partner. The 1xBet betting company in Uganda is synonymous to [c]
FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has invested $4.5 million in Nithio FI, a renewable energy financing intermediary focused on the Pay as You Go (PAYG) off-grid solar sector, to provide reliable and sustainable [c]
A bulk of the recently signed SME guarantees by Equity Bank totaling Kshs 52.25 Billion will go towards supporting women-owned and led MSMES across Kenya, Uganda, Rwanda, and DRC, Equity Group MD and CEO Dr [c]
Raxio Data Centre has become the first Tier III Certified Data Centre in Uganda after receiving the Uptime Institute Tier III Certification on October 20, 2020. This was achieved after a diligent assessment and evaluation [c]
Airtel Uganda, together with Comviva, Airtel’s technology partner, has been announced as the winner of the 2020 Digital Wallet Innovation Award, while Airtel Uganda was the overall winner of the ‘Market Adoption’ category. Airtel Uganda and [c]
The topic of the reliability and safety of the bookmaker is relevant for players regardless of their country of residence. Naturally, no matter where you are, you can always track the rating of companies or [c]
Power is one of the most important things to consider when building a data centre; the availability of reliable, steady and connected power is a critical element that brings a data centre to life and keeps the critical [c]
When I was six years old my family moved to Kyangwali refugee settlement in Uganda. For two decades, I called Kyangwali my village and home. Every day, for seven years, I walked kilometers to and [c]
Health start-ups in Kenya and Uganda have been selected as winners in the VivaTech 2020 Global Challenge amid the coronavirus pandemic. This follows an online final challenge organized by Sanofi following the cancellation of the [c]
After the 2020 edition of VivaTech that was scheduled to be held in Paris was cancelled by the organisers of the event, Sanofi will on June 11, 2020 organise an online pitch session as part [c]
Uganda’s digital economy is set to get a major boost with the latest move by Raxio Data Centre to open the market for customers to have more options for redundancy and diversity in the country. [c]
Continuity East Africa (CEA) plans to invest over Kshs 500 million (about $4.7 million) in the next three years to expand its Work Area Recovery facilities in the region. According to the company, the expansion of [c]
Local Selina S5 The devil works hard but Messina, Selina’s most hated character (according to fans), works even harder. In a new season full of surprises and a familiar villain no one saw coming, Messina [c]
Mukwano Industries is one of the great success stories of the Ugandan business world. From humble beginnings as a general dealer in Kampala in the 1980s, the company has grown into one of the leading [c]
Tigo Tanzania has launched a service that allows all Tigo Pesa customers to send and receive cash on their mobile money wallets from M-PESA in Kenya, MTN in Uganda and MTN and Airtel in Rwanda. [c]
Mastercard announced that it has increased contactless payment limits across the Middle East and Africa (MEA) region as people look for safer ways to pay in the wake of the COVID-19 pandemic. The initiative is [c]
Ride hailing firm Uber has temporarily suspended its services in Uganda following the government’s directive halting all public transport services as a measure to help control the spread of the Covid-19 pandemic. Due to the [c]
4G Capital, which provides financing to and invests in SMEs in East Africa in order to boost technology-driven financial inclusion, has announced an update on its operations across Kenya and Uganda and shared its approach [c]
Four youth from various countries, including Uganda, have won the Commonwealth Youth Awards for innovative projects that are delivering sustainable development in their respective countries. The awards recognise exceptional contributions by young people whose ventures [c]
Mastercard has released a white paper revealing that giving people the ability to pay only for what they use, as they need it, can lift millions of people across Africa out of poverty and make [c]
Carbon has set up a $100,000 pan-African fund to address the lack of funding and support holding back budding tech entrepreneurs on the continent. Carbon’s Disrupt fund, the first of its kind by an African [c]
ZTE and MTN Uganda have jointly launched the first 5G SA network in East Africa by demonstrating 5G use cases during a recent event themed “Experience the Future Together”, which was held at Nyonyi Garden, [c]
While about 18 million Ugandans are now able to access services via the internet, only a fraction of the 18 million are able to bank, pay school fees or utility bills, order transport, search for [c]
Mauritius-based fintech 4G Capital has announced the completion of its second round of fundraising. The investment was secured by a $2 million debt facility from Ceniarth, bringing the total raised to $4 million. 4G Capital [c]
MTN has announced the conclusion of an agreement to dispose of its 49 per cent equity holdings in the Ghana and Uganda Tower Company investments to a subsidiary of American Tower Company (ATC) for $523 [c]
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