Lake Victoria Region Local Authorities Co-operation made a courtesy visit to EAEA to identify areas of collaborations in promoting Entrepreneurship in East Africa on Friday, 26th October, 2018 In the Photo: Mr. Galabuzi Michael, Country director – EAEA (Third right), Mr. Semyalo Ismail Mulambuzi, Secretary General –LVRLAC (2nd Left), Mr. …
Read More »Regional Stakeholder Workshop to Validate the Draft Report for the EAC Regional Policy for Science Technology and Innovation and Intellectual Property on 24th-25th September 2018 at Kenya School of Monetary Studies, Nairobi, Kenya.
Nairobi: TheEast African Science and Technology Commission (EASTECO), a semi-autonomous institution of the East African Community (EAC), organized a regional stakeholder workshop to validate the draft report for the EAC regional policy for science technology and innovation and Intellectual Property (IP) from 24th-25th September 2018 at Kenya School Of Monetary …
Read More »African Development Bank to fund SMEs
The African Development Bank (AfDB) has approved sh74.2b loan to the Uganda Development Bank Ltd to support Ugandan entrepreneurs, including small and medium businesses. This loan is expected to benefit entrepreneurs involved in manufacturing and agro-processing. The money is for online lending and people will be allowed to borrow the …
Read More »Uganda Starts Exporting Beef To Egypt
Egypt-Uganda Food Security Company (EUFS), based in Luweero, Uganda completed its first 50-ton meat shipment to Egypt recently. The abattoir, touted as the largest in Africa began operations since its commissioning in 2016, following an agreement between the two countries. The move is poised to make Uganda’s economy better …
Read More »German firm funds Uganda to protect small energy projects
Uganda has become the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), a joint initiative of the African Trade Insurance Agency (ATI), a Pan-African and multilateral guarantor and KfW with funding from German Ministry of Economic Cooperation and Development. Uganda is abundantly endowed with energy resources, …
Read More »Rwanda Exports Roasted Coffee Beans To United States
Rwanda recorded its first highest roasted beans shipment to the United States of America that generated $77,000 for the Rwandan government. The foreign earnings recorded a high due to its value to the country other than what the country used to export in the previous years. Rwanda is a major …
Read More »East Africa’s largest organic Fertiliser plant to open in Uganda
East Africa’s largest organic fertiliser factory is set to open in the eastern district of Tororo in October. Sitting on a 600-acre piece of land, the Guangzhou Dongsong Energy Group-owned industrial complex in Tororo District, will produce about 300,000 tonnes of organic fertilisers annually, making it the biggest organic fertiliser …
Read More »Uganda Passes New Mobile Money Tax
Uganda has passed the controversial 1% Mobile Money Tax. The excise duty amendment bill 2018 that seeks to place a 1% tax on every transaction made by phone users on Mobile money platforms has been passed by Ugandan Parliament. Government says the amendment in the tax regime will help mobilize …
Read More »Kenya agitates for controlled spending by African Union
Kenya is calling for further efforts to control expenditure at the African Union (AU), even as it struggles to pay up its membership fees to the continental body. Ahead of the African Union Summit due on Sunday in the Mauritanian capital of Nouakchott, Foreign Affairs Cabinet Secretary Monica Juma told …
Read More »Kenya Steps up war on Fake Sugar
Crackdown on suspected dirty sugar in Kenya has continued with police impounding a number of trucks ferrying the sweetener in Rongo, Migori County. The standards Act under section 9, criminalizes the manufacturing of sugar under the conditions that the contraband sugar was being produced. The businessmen didn’t comply with the …
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