MTN Uganda’s IPO official as it floats 4.5 bn shares at $0.06 each
The firm is offering 20% of its share to the public...
Tag : Uganda
Kenyan banking group I&M enters Uganda with Orient Bank acquisition
The group will acquire a 90% stake in Orient Bank from UK-based investment group 8 miles LLP and Morka...
Total’s Uganda and Tanzania oil projects face new challenges
The Tilenga project will have an output capacity of 200,000 barrels per day...
Uganda shows signs of positive economic growth
Moody’s has recently adjusted the country’s strength downwards to ba3 from ba2 stable...
Jubilee acquires 9.44% stake in Bujagali Energy
The stake purchase was made from SN Power for $40 million...
Pandemic impacts 30 African oil and gas projects: Report
Last month, the price of Brent crude dropped to $25 per barrel despite plans to lower the output by 9.7 mn barrels a day...
Africa uses mobile money to curb the spread of the coronavirus
Safaricom removed all fees from its mobile-money platform, M-Pesa...
Kenya insurtech Turaco raises $1.2 mn to upgrade operations
Investors that took part in the funding round include Gan Ventures, Mercy Corps Ventures and Musha Ventures...
Uganda Airlines resume operations after two decades
For now, it will fly to seven regional destinations in Kenya, Tanzania, Somalia, South Sudan and Burundi...
China puts forward conditions before investing in Kenya, Uganda SGR
Both countries must work on standard gauge railways financing modalities to receive funding...