Uganda Business News | Uganda Business News

Building climate-resilient African cities — experts outline what is needed

Bujumbura, the capital city of Burundi, on a rainy day. Seventy per cent of African cities have high vulnerability to climate shocks. Meanwhile, Africa is the fastest urbanising region in the world, and is already experiencing climate change impacts first-hand. Without drastic changes in the way energy is produced and consumed in African cities, carbon emissions will increase as these cities develop.

Window of opportunity to secure liveable, equitable, and sustainable futures in the face of climate change is closing fast, more so for Africa

Uganda gets $252.8mn road construction loan from African Development Bank

The African Development Bank headquarters building in Abidjan, Ivory Coast

Roads, both to international borders, will help connect rural areas and facilitate regional integration

Remarks by BoU DG Atingi-Ego at second National Financial Inclusion Strategy launch

The exterior of a shop offering mobile money services in Kampala

NFIS II aims to tackle financial exclusion and barriers to access, empower consumers through protection and education, and increase the use of affordable financial products

8 Miles sells Biyinzika Poultry to investor consortium as it winds down operations

A lorry owned by Biyinzika Poultry International Limited, which was has been sold by its owner, 8 Miles LLP, a UK-based private equity fund, to a consortium that includes an American company and a “regional industry executive.” Established in 1990 as a poultry breeder, Biyinzika is one of Uganda’s leading suppliers of day-old chicks, poultry feeds, broilers and dressed chicken. Its brands include Pearl Chicken and Biyinzika Feeds.

8 Miles, the UK-based fund, has sold its entire stake in Biyinzika Poultry International Ltd to a consortium that includes an American company and a regional industry executive

Traders urged to be transparent with financial institutions

Panellists at the Stanbic Bank trade forum held in Kampala, November 2023

Only 14.2 per cent of the private sector in Uganda had access to credit in 2020, compared to 32 per cent in Kenya

Uganda seeks $146mn Chinese loan for national fibre-optic project

China also funded the first three phases of the national fibre-optic backbone infrastructure project

How East African pipeline was designed to keep oil hot and minimise leaks

The East African Crude Oil Pipeline route from Uganda to Tanzania

EACOP will be one of the smartest and safest pipelines in the world, with real-time satellite monitoring that can detect small pressure changes that could indicate a potential leak, officials said

Somalia’s accession to the EAC: has it been too far, too fast?

Hassan Mohamud, President of Somalia, speaks at the 23rd Ordinary Summit of Heads of State of the East African Community

The depth of Somalia’s security problems raises critical questions about the EAC’s willingness and ability to ensure peace, security, and regional stability

Uganda Securities Exchange weekly trade briefing

Chart showing the trading movement of an equity stock

Stocks worth Sh785.4mn of locally listed companies were traded, compared with Sh216.9mn in the previous week

ULS rule of law report: tame, cowardly

The Uganda Law Society avoids confronting powerful institutions that undermine the rule of law, opting instead for easier targets