Featured Oil & GasTotal’s Uganda and Tanzania oil projects face new challengesInternational Finance Business DeskNovember 3, 2020 by International Finance Business DeskNovember 3, 2020The Tilenga project will have an output capacity of 200,000 barrels per day...Read more
Economy FeaturedUganda shows signs of positive economic growthInternational Finance Business DeskOctober 15, 2020 by International Finance Business DeskOctober 15, 2020Moody’s has recently adjusted the country’s strength downwards to ba3 from ba2 stable...Read more
Energy FeaturedJubilee acquires 9.44% stake in Bujagali EnergyInternational Finance Business DeskJuly 1, 2020 by International Finance Business DeskJuly 1, 2020The stake purchase was made from SN Power for $40 million...Read more
Featured Oil & GasPandemic impacts 30 African oil and gas projects: ReportInternational Finance Business DeskMay 27, 2020May 27, 2020 by International Finance Business DeskMay 27, 2020May 27, 2020Last month, the price of Brent crude dropped to $25 per barrel despite plans to lower the output by 9.7 mn barrels a day...Read more
Featured FintechAfrica uses mobile money to curb the spread of the coronavirusInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020Safaricom removed all fees from its mobile-money platform, M-Pesa...Read more
InsuranceKenya insurtech Turaco raises $1.2 mn to upgrade operationsPritam BordoloiDecember 12, 2019 by Pritam BordoloiDecember 12, 2019Investors that took part in the funding round include Gan Ventures, Mercy Corps Ventures and Musha Ventures...Read more
AviationUganda Airlines resume operations after two decadesInternational Finance DeskAugust 28, 2019December 23, 2019 by International Finance DeskAugust 28, 2019December 23, 2019For now, it will fly to seven regional destinations in Kenya, Tanzania, Somalia, South Sudan and Burundi...Read more
TransportChina puts forward conditions before investing in Kenya, Uganda SGRInternational Finance DeskJuly 1, 2019December 17, 2019 by International Finance DeskJuly 1, 2019December 17, 2019Both countries must work on standard gauge railways financing modalities to receive funding...Read more
Sector InsightAfrica Oil Week to present myriad opportunities for oil and gas sectorInternational Finance DeskAugust 24, 2018 by International Finance DeskAugust 24, 2018“On top of the 13 confirmed ministers who will lead delegations to Africa Oil Week, we now have a partnership with the government of Uganda to host a huge opportunity for the global private sector," says conference director Paul Sinclair...Read more
TechnologyTech Startup Funding Report illustrates Africa’s startup-investor boomInternational Finance DeskFebruary 23, 2018February 27, 2020 by International Finance DeskFebruary 23, 2018February 27, 2020South Africa, Nigeria and Kenya are top destinations for tech investments in 2017...Read more