Dar es Salaam Stock Exchange picks Mary Mniwasa as Acting CEO
Dar es Salaam Stock Exchange(DSE) Board has appointed Mrs. Mary Stephen Mniwasa, the chief legal counsel at the bourse, to serve as acting Chief Executive while the search for a [...]
Africa has 600 Million People With No Access to Electricity
Africa has 600 million people, or 43% of its total population with no access to electricity. According to International Energy Agency(IEA) report titledAfrica Energy Outlook 2022, Electricity is the backbone [...]South Africa's Economic Activity Rebounds in May
A gauge measuring South African economic activity bounced back strongly in May after the worst flooding in almost three decades left more than 400 people dead, damaged businesses and halted [...]
Airline Industry on Road to Recovery as IATA Publishes Positive Forecasts for 2022
The International Air Transport Association (IATA) has announced an upgrade to its outlook for the airline industry’s 2022 financial performance as the pace of recovery from the COVID-19 crisis quickens. [...]
Uganda Airlines Receives Landing Rights at Guangzhou
Uganda Airlines has received landing rights at Guangzhou Baiyun International Airport located in southern China. The public relations manager of Uganda Airlines, Shakira Rahim says this is the first-ever direct [...]Tanzania Uganda Insurers Sign Deal for 5% Premiums for EACOP
Insurers from Tanzania and Uganda have teamed up to form a consortium that will ensure that 5% of premiums are retained locally under local content in the East Africa Crude [...]Flutterwave Appoints Oneal Bhambani as New CFO
Africa's leading payments technology company, Flutterwave has appointed Oneal Bhambani as its new Chief Financial Officer (CFO). Bhambani joins the startup from American Express and Kabbage, where he managed fintech products. Kabbage is a subsidiary [...]Kenya's MPost Partners with Yobante Express to Scale Up Door-to-Door Deliveries
Yobante Express, a Senegalese logistics start-up, has finalised a partnership agreement with Kenya’s MPost, start-up where mobile phones are “transformed” into postal addresses. The partnership seeks to enable door-to-door deliveries [...]Amazon to Expand to Africa in 2023
Amazon is planning to expand into five countries across Africa, Europe, and South America, while maintaining its base in the United States according to reports by the Business Insider. The [...]Kenya Uganda Sign MoU to Facilitate Fish Exports to DRC
Kenya and Uganda have signed a bilateral agreement that will facilitate the smooth flow of fish exports from Lake Turkana in Kenya, through Uganda, to the Democratic Republic of Congo [...]Israel Egypt on Road to Increase Gas Exports to the EU
Israel and Egypt have announced plans to boost gas deliveries to the European Union, after the three parties signed a new energy agreement in Cairo. The new memorandum of understanding, [...]Trade Between Uganda Rwanda Continues to Suffer Despite Border Openings
Trade between Uganda and Rwanda has continued to suffer, despite re-openings of the common land border between the two countries, and easing of COVID-19 restrictions. Latest export data from Uganda’s [...]
