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  • Uganda and China have signed a Memorandum of Understanding (MOU) for 3 proposed investment projects namely the construction of the East African-China Manufacturing, Trade and Exhibition Centre in Kampala, an abattoir in South Western Uganda and Kampala Metropolitan Rapid Bus Tran...

  • It is Friday night in Maputo and nightlife has not exactly started. But the KFC is bustling on Avenida 25 de Setembro with families buying buckets of chicken for dinner and groups of singles purchasing meals for pre-nightlife preparation.

  • By Wolfgang Schäuble, BERLIN, Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realize this potential fully.

  • A steel facility that can at once hold 90 cars in a space which could originally hold nine cars. Electronic lifts pick cars and embed them within a structure that is believed to have cost $2.2m – or 52 million birr.

  • Addis Ababa — Chinese companies have invested around 4 billion U.S. dollars during the last two decades in Ethiopia, employing 111,000 Ethiopians on permanent and temporary basis.

  • There is limitless opportunity in the ICT sector, E-commerce, E- education, E-health and other areas. ICT is like fresh air, every living being must rely on it, and without it life is unproductive.

  • Ugandans have invested $8.7 (Shs30.8 trillion) Uganda over the last 25 years, the Uganda Investment Authority (UIA) 2017 figures.

  • Sub-Saharan Africa is currently experiencing the biggest wave of transport infrastructure development in its independence-era history.

  • The government moved to reassure investors of its commitment to supporting the growth of the private sector yesterday amid reports that statements by some senior government officials appear to be anti-business.

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