DealStreet Africa LATEST NEWS Mining, Energy, Oil & Gas Uganda approves US$575m Tullow stake sale to Total 2 days ago UGANDA – Tullow Oil has received an approval from the Ugandan government for the sale of a…
Investments, Financials & Economy LATEST NEWS Moody’s downgrades Uganda’s economy to Ba3 1 week ago UGANDA – Moody’s global rating agency has adjusted Uganda’s economic strength downwards by one notch…
DealStreet Africa Investments, Financials & Economy LATEST NEWS TLG Capital acquires 49% stake in Opportunity Bank Uganda Ltd 2 weeks ago UGANDA – TLG Capital (TLG) has announced the purchase of 49% stake in Opportunity Bank…
Investments, Financials & Economy LATEST NEWS Uganda’s Tugende secures US$6.3m in Toyota Tsusho-backed Series A investment round 3 weeks ago UGANDA – Tugende, a technology-enabled asset finance company operating in Uganda and Kenya has announced…
Govt. & Development Organisations Investments, Financials & Economy LATEST NEWS OPEC Fund approves $20m for small and medium size enterprises in East Africa 4 weeks ago UGANDA – The OPEC Fund for International Development (the OPEC Fund) signed a $20 million…
Aviation, Transport & Logistics Investments, Financials & Economy LATEST NEWS DHL launches its digital platform Saloodo in Uganda 1 month ago UGANDA – DHL Global Forwarding, the leading international provider of air, sea and road freight…
LATEST NEWS Mining, Energy, Oil & Gas Uganda, Total sign key agreement expediting development of oil export pipeline 1 month ago UGANDA – Uganda and Total have reached an agreement that will bring the oil major and…
Govt. & Development Organisations LATEST NEWS People World Bank appoints New Country Director for Kenya, Rwanda, Somalia and Uganda 2 months ago EAST AFRICA – The World Bank has appointed Mr. Keith Hansen as the new Country…
Agriculture & Agribusiness DealStreet Africa LATEST NEWS Pearl Dairy ventures into honey production injecting US$2.7m worth of investment 2 months ago UGANDA – The largest dairy processor in Uganda, Pearl Dairy Farms is seeking to diversify into…
DealStreet Africa LATEST NEWS Swedfund invests US$10m in African Rivers Fund 3 alongside other investors for SMEs 2 months ago SWEDEN – Swedfund, a Swedish Development Finance Institution, has announced that it has invested US$10…
LATEST NEWS Investment vehicle The 97Fund launches US$1m COVID-19 Relief Fund 2 months ago UGANDA – The 97Fund, an Africa focussed early stage investment vehicle that invests in high…
Financial Services LATEST NEWS Private equity firm 8Miles makes its first exit by selling 42% holding in Orient bank 3 months ago UGANDA – 8 Miles, a Pan-African private equity firm, has agreed to sell its entire…
Agriculture & Agribusiness DealStreet Africa LATEST NEWS AGRA launches Deal Room initiative to spearhead investments in Uganda’s agribusiness sector 3 months ago UGANDA – Alliance of a Green Revolution in Africa (AGRA) has launched an agribusiness initiative dubbed…
Financial Services LATEST NEWS Mining, Energy, Oil & Gas ENGIE partners with EIB to provide cheap electricity to entrepreneurs 3 months ago UGANDA – ENGIE, a French multinational electric utility company, is set to provide reliable and…
Aviation, Transport & Logistics LATEST NEWS New Markets & Products Ride-hailing startup Ori Rides launches providing a safer option for females 3 months ago UGANDA – Ori Rides, ride-hailing startup, has launched in Uganda to offer taxis, boda bodas,…
DealStreet Africa Financial Services LATEST NEWS Equity Bank secures US$50m loan financing from IFC to support SMEs 3 months ago KENYA – IFC, a member of the World Bank Group, has announced a US$50 million…
Financial Services Investments, Financials & Economy LATEST NEWS I&M Holdings Limited set to buy 90% share capital of Orient Bank Limited 3 months ago UGANDA – I&M Holdings Limited, the owners of I&M Bank Kenya, have announced that they…
Agriculture & Agribusiness Govt. & Development Organisations LATEST NEWS Ugandan government establishing US$11.4m aquaculture park 3 months ago UGANDA – The Government of Uganda is constructing a 10 million Euros (US$11.4m) Mwena Aquaculture Park,…
DealStreet Africa Financial Services LATEST NEWS Eversend secures US$1m investment from equity crowdfunding on Seedrs 4 months ago Eversend launched its Seedrs campaign targeting a raise of EUR550,000 (US$613,000) in return for 7.67…
LATEST NEWS Mining, Energy, Oil & Gas Electricity distributor Umeme Limited to spend US$83m on electricity distribution project 4 months ago UGANDA – Umeme Limited, Uganda’s sole electricity distributor, plans to spend USh310 billion (US$83.27 million)…
LATEST NEWS People Telecoms, ICT & Media MTN Uganda appoints Ibrahim Seyonga as the new General Manager for its Enterprise Business Unit 4 months ago UGANDA – MTN Uganda, a telecommunications network provider, has appointed Mr. Ibrahim Senyonga as the…
