Africa: Swedfund Commits $14.7 million to Evolution II Energy Fund
Swedfund, Sweden’s development finance institution that supports companies in Africa, Asia, Latin America and Eastern Europe, has invested SEK 126m in the Evolution II Fund, […]
Uganda
Cholera kills 40 Congolese refugees in Uganda—Aid agencies
A cholera outbreak has killed about 40 people and infected more than 2,000 Congolese refugees in Uganda, International Federation of Red Cross and Red Crescent […]
South Africa’s MTN posts $279 million annual profit after Nigeria fine saga
MTN Group, Africa’s biggest mobile-network operator by sales, said it returned to profit in 2017 with earnings totaling 3.3 billion rand, or 182 cents per […]
South African Shoprite eyes Kenya entry
South African retailer giant, Shoprite Holdings, will open seven prime shopping malls in Kenya in the coming months, the firm’s chief executive, Pieter Engelbrecht said. […]
British-born Ugandan Black Panther star wins major award at BAFTAs
Daniel Kaluuya, a British actor of Ugandan origin, has won the Rising Star award at the British Academy Film and Television Awards (BAFTAs), at London’s […]
Indian telecom operator Airtel shapes Africa exit plan
India’s biggest mobile carrier Bharti Airtel Ltd, which owns telecom assets in 14 African countries, on Wednesday said it is looking at a potential initial […]
Ugandans pay tribute to musician Mowzey Radio
Thousands of Ugandans, including President Yoweri Museveni, have paid tribute to musician Mowzey Radio, who passed away Thursday morning. Mowzey Radio whose real name is […]
Côte d’Ivoire seizes 600 kg of elephant tusks and pangolin scale
Côte d’Ivoire authorities on Thursday seized about 600 kg of elephant tusks and 600 kg of pangolin scales, Bonaventure Adomo, head of the Ivorian anti-smuggling […]
Uganda’s Yoweri Museveni says he ‘loves Trump for frankness’
Ugandan leader Yoweri Museveni on Tuesday said he loves US President Donald Trump for being “frank” with Africans, calling them “shitholes” nations. Speaking to lawmakers […]
Africa: Oxfam calls for improvement of women’s access to land
African women have little or no access to land and the means of production, a report released by Oxfam on inequality said on Monday. A […]