The project entails the design, construction, and operation of a 34.1-megawatt power plant with a net annual generation of 203-gigawatt hoursABIDJAN, Ivory Coast, July 9, 2021/APO GROUP
The Board of Directors of the African Development Bank Group (AfDB.org) has approved a €39 million loan package for the construction of the Kinguélé Aval hydroelectric project in Gabon.
The package comprises €20 million from the African Development Bank, €10 million from the Africa Growing Together Fund and €9 million in concessional financing from the Sustainable Energy Fund for Africa, a special multi-donor fund managed by the African Development Bank.
Additional financing to meet the project’s €133.8 million budget will come from the International Finance Corporation of the World Bank Group...
Speaker Jacob Oulanyah informs the House that Hon Amos Lugoloobi will present the budget on behalf of the President.Hon Amos Lugoloobi has just been appointed as State Minister for Finance awaiting vetting by the Appointments Committee.
Uganda’s per capita income is increasing steadily. In Financial Year 2015/16 it was US$ 808 and is projected to increase to US$ 932 in Financial Year 2020/21.
Coffee remains the leading agricultural export earning US$ 497.4 million in the Financial Year 2019/20. Dairy exports fetched US$ 204.5 million, while Tea exports earned US$ 71 million in Financial Year 2019/20.
Fish exports earnings increased from US$ 121 million to US$ 227 million, over the same period.
Minister Lugoloobi says scientific research and innovation is now tr...
DJIBOUTI, 15th May 2021 (PSCU) –President Uhuru Kenyatta was on Saturday among several African leaders at the inauguration of Djibouti President Ismaïl Omar Guelleh in the country's capital city Djibouti.
President Kenyatta, who is the current Chairperson of the East African Community, was accompanied by Foreign Affairs Cabinet Secretary Raychelle Omamo.
Ethiopian Prime Minister Abiy Ahmed Ali, Somali Prime Minister Mohamed Roble and South Sudan Vice President Rebecca Nyandeng Garang De Mabior also attended the inauguration held at the Presidential Palace, Djibouti.
Others were IGAD Executive Secretary Dr Workneh Gebeyehu and African Union Commission Chairman Moussa Faki Mahamat.
President Guelleh, 73, garnered 97 percent of the vote in last month's election to sec...
Carrefour, owned and operated by Majid Al Futtaim in Uganda, received the Gold Award for Best Shopping Supermarket at this year’s Consumers Choice Awards.
The Consumers Choice Awards 2020/2021, which took place on March 31, 2021, recognize business excellence annually by conducting comprehensive and objective independent market research survey, to determine brand reputation, customer satisfaction and business excellence for the quality of their service.
In a statement released by the retail giant, Carrefour thanked the Consumer Choice Awards for the prestigious award.
“This award is a testament to the hard work of our colleagues and recognizes our efforts to deliver exceptional value for our Ugandan customers through more convenient and modernized shopping experiences,” the s...
2007 - Junior Sub Editor, New Vision
2009 - Deputy Chief Sub Editor, Daily Monitor
2010 - Chief Sub Editor, Daily Monitor
2013 - Managing Editor, Daily Monitor
2015 - Special Media Assistant, Office of NRM Chairman
2016 - Senior Presidential Press Secretary, State House
2021 - Chief Executive Officer, Vision Group
Dickens Obote Poultry business, Adekokwok sub county, Lira district
Dickens’ poultry farm was a source of poultry products to the surrounding community in Lira during the COVID-19 crisis. However, without the ability to travel and replenish his supplies because of a lockdown on travel, his business struggled to continue serving the community.
Applause upon officially launching the youth in Agribusiness project 2
Minister of Agriculture, animal industry and Fisheries, Hon. Vincent Sempijja addresses participants during the launch
“My poultry business had successfully grown to 3,000 birds by 2019. I was supplying a factory in the city, which has branches throughout the region. Until COVID lockdown struck in 2020, I was delivering 3,000 kroilers and broilers to the company on a ...
This year’s theme is: “Inspiring businesses and economic transformation in the digital economy” Proudly sponsored by Stanbic Bank Uganda.
This year, the focus is on the options open to governments and SMEs, and the role of African universities and the private sector in preparing the continent’s SMEs for what could be the biggest economic game changer in African history.
Uganda Law Society (ULS) is a membership organization established by an Act of Parliament to provide services to its members in particular and to the people of Uganda. Its vision is to be a Proficient Bar Association in Fostering Access to Justice, the Rule of Law and Good Governance in Uganda.Its mission is to develop a Skilled and Empowered Legal Profession in Execution of its Statutory Mandate to Foster and Improve Access to and Administration of Justice as well as Good Governance in Uganda.
The ULS Core values are: Equity and member-focused, Professionalism, Competence, Integrity, Accountability, Efficiency, Corporate Governance and Independence, Creativity and Innovation, Team Work.
To strengthen its mandate, the ULS wishes to recruit suitably qualified and e...
Sipho Dlamini promoted to CEO, Universal Music South Africa and Sub-Saharan Africa; Elouise Kelly appointed COO, Universal Music South Africa and Sub-Saharan Africa; Chinedu Okeke named MD, Universal Music NigeriaJOHANNESBURG, South Africa, January 4, 2021/ -- Universal Music Group (UMG) (www.UniversalMusic.com), the world leader in music entertainment, today strengthened its position as the leading music company in Africa by announcing a strategic expansion of its Sub-Saharan Africa leadership team. These appointments underscore UMG’s ongoing commitment to support and grow Africa’s domestic music ecosystems, while also creating new opportunities for African talent to reach new audiences globally.UMG’s holistic approach to expanding operations across the continent, opening new divisions i...
Natural capital is the stock of renewable and non-renewable natural resources, such as plants, animals, air, water, soils and minerals
ABIDJAN, Ivory Coast, December 23, 2020
-- The African Development Bank (https://www.AfDB.org/) and the Green Growth Knowledge Platform (GGKP) have been awarded a two-year, CHF 241,875 ($273,439) grant from the MAVA Foundation to mainstream natural capital in development finance in Africa.
MAVA, a philanthropic foundation, promotes the conservation of biodiversity and advocates for sustainable economies in the Mediterranean, West Africa and Switzerland.
The grant will support activities to develop a business case for natural capital among multilateral development banks, scale up the application of natural capital in infrastructure ...
Sahel Group of Five: African Development Bank approves program to expand solar energy generation under Desert-to-Power scheme
The Desert to Power initiative intends to turn the Sahel region into a renewable powerhouse, harnessing its solar potential to create the world’s largest solar zone
ABIDJAN, Ivory Coast, December 22, 2020/ -- The Board of Directors of the African Development Bank (https://www.AfDB.org/) approved on Wednesday a Desert-to-Power (D2P) technical support program that will advance the rollout of solar generation in G5 Sahel countries, where 60 million people lack access to electricity.
The technical assistance, in the form of a $5 million grant from the Sustainable Energy Fund for Africa (SEFA), has three main components: (i) technical studies for the i...
Gauthier, a Belgian citizen, is a seasoned professional in international negotiations and relations with various stakeholders
ABIDJAN, Ivory Coast, December 16, 2020
The African Development Bank Group (www.AfDB.org) is pleased to announce the appointment of Mr. Gauthier Boulard as Director and Special Advisor in the Office of the President, effective 1 January 2021.
In his new role, Gauthier will support President of the African Development Bank Group Akinwumi Adesina, to strengthen partnerships and engagements with multilateral development banks, international institutions and global initiatives to coordinate international financing for development. He will also support the President in outreach efforts to strengthen relations and engagements with non-regional m...
Simon is a British national who joined the Bank on the 10th of May 2009, as Head of Results Management Division
ABIDJAN, Ivory Coast, December 17, 2020/ -- The African Development Bank (https://www.AfDB.org/) is pleased to announce the appointment of Mr. Simon MIZRAHI as Acting Director, Communication and External Relations Department (PCER), effective 16 December 2020.
The African Development Bank Appoints Mr. Simon Mizrahi, Acting Director, Communication and External Relations (PCER)
Simon is a British national who joined the Bank on the 10th of May 2009, as Head of Results Management Division. Before joining the African Development Bank, he worked for the Organisation for Economic Cooperation and Development (OECD), based in France, as Senior Policy Adviser, A...
The African Development Bank is pleased to announce the appointment of Ms. Aissa Touré as Country Manager for Rwanda
ABIDJAN, Ivory Coast, December 17, 2020/ -- An economist and development expert, Aissa Touré, the Country Manager designated for Rwanda, a Senegalese national, brings to the Bank over 25 years of experience, working in three continents and 12 countries for 5 international organizations.
The African Development Bank Appoints Ms. Aissa Touré, Country Manager, Rwanda
Aissa’s work experience covers rural development, particularly agriculture, rural economics and climate adaptation and mitigation, among others. She brings a solid set of skills in strategic management, institutional representation and partnership management at country, regional and global l...
Adesina engaged in discussion which covered three areas: the current state of affairs with respect to COVID-19 and climate change, stimulus policies and recovery, and the role of the private sector in terms of recovery
ABIDJAN, Ivory Coast, December 17, 2020
Africa must leverage investment to unleash the potential and ingenuity of its youth, its most important asset, African development Bank (www.AfDB.org) President Akinwumi Adesina said at a Conference of Montreal fireside chat event.
The three-day virtual event was organized by the international economic forum of the Americas, under the theme, a sustainable recovery for people and planet. During the fireside chat, Adesina engaged in discussion with Inger Andersen, Under-Secretary-General of the United Nations...
The Banker’s Bank of the Year Awards 2020 – Financial Times
Digital Brand of the Year 2020 in Uganda – Digital Impact Awards Africa
Best Consumer Digital Bank Award in Uganda - Global Finance
The Digital Banking Excellence Award – Digital Impact Awards Africa
Wednesday 16th December 2020 – Standard Chartered Bank Uganda has swept four (4) international and local prestigious awards from the Financial Times’ Banker Awards, Global Finance and Digital Impact Awards Africa.
Bank of the Year in Uganda 2020 by The Banker Awards
For the last 94 years, The Banker has been the world’s leading monthly journal of record for the banking industry. The aim of the Banker Awards is to highlight industry wide excellence within the banking community gl...