Smile Telecom to expand African wireless with $365 mln
Smile Telecoms Holdings Ltd, which owns and operates mobile wireless 4G LTE broadband networks in Nigeria, Tanzania and Uganda, has raised $365 million in debt […]
Uganda
Revamped Air Djibouti to start Africa wide freight service
One month after resuming activities, Djibouti’s national airline, Air Djibouti, is looking to remake itself as an Africa-wide air freight service, it said on Wednesday. […]
Obama’s talks in Ethiopia focus on security, human rights
After a landmark trip to Kenya, his father’s birthplace, the US President Barack Obama flew to Addis Ababa late on Sunday on the first visit […]
Burundi: Uganda President starts mediation role
Uganda’s president Yoweri Museveni has started mediating talks between Burundi’s government and opposition groups to help ease tensions that have arisen over plans by President […]
Coffee giant Starbucks to open stores in Sub Saharan Africa in 2016
After it struck a deal with Taste Holdings on Tuesday, the coffee giant Starbucks says it will open stores in sub-Saharan Africa for the first […]
Uganda’s inflation unchanged at 4.9 pct (State agency)
Uganda’s inflation has remained unchanged at 4.9 percent year-on-year in June, thanks to a decrease in food prices, the statistics office said on Tuesday. According […]
Trucks loaded with goods to the DRC stranded in Uganda
Trucks loaded with goods destined for the Democratic Republic of Congo are blocked since last Tuesday in the Ugandan customs post Vura, at the border […]
Tanzania earmarks $ 2 billion for roads construction in Dar Es-Salaam
The Tanzania government is planning to invest 4.394 trillion shillings ($ 2 billion) to build new road infrastructure and launch a rapid transit bus to […]
China Wu Yi Co to build roads in Kenya, Uganda and Ethiopia for $ 73 million
The construction firm China Wuyi Co Ltd announced on Monday it had won $73.2 million worth of contracts for the construction of roads in Kenya […]
Kenya: Diamond Trust Bank to open branches in Madagascar and DRC
Kenya’s Diamond Trust Bank (DTB) has announced interests in extending operation in Africa. Ranked Kenya’s seventh biggest bank by assets is planning to use part […]