In a significant development for Uganda's tourism sector, a major expansion plan was unveiled during the Peal of Africa Tourism Expo. The government announced that four airfields located in the country's iconic National Parks will soon be upgraded to accommodate international visitors.
EIB and Afreximbank Launch EUR 200 million Health Investment Initiative in Sub-Saharan Africa
Collaboration to Enhance Healthcare and Pharmaceutical Investment and Strengthen Health Resilience
The European Investment Bank (EIB), the world's largest multilateral bank, and Afreximbank, the pan-African multilateral financial institution,...
The 18th edition of the Venice Architecture Biennale, titled "The Laboratory of the Future," shifts its focus to Africa, presenting an ambitious exploration of the continent's historical societies as a source of inspiration and a blueprint for global solutions.
Uganda and Tanzania proudly unveiled the Kikagati Hydropower Project (Kikagati HPP), a groundbreaking initiative that marks the first cross-border hydropower project between the two nations.
Plans to establish the African Medicines Agency (AMA), responsible for overseeing regulatory processes for pharmaceutical products throughout Africa, are progressing, according to official sources. As of now, 35 out of the African Union's 55 member states have ratified the...
General Atomics (GA) of the USA and Tokamak Energy of the UK have joined forces to collaborate on high temperature superconducting (HTS) technology, targeting fusion energy and other industrial applications. international collaborations
Amid fanfare and high expectations, Nigeria’s outgoing President, Muhammadu Buhari, commissioned the much-vaunted Dangote refinery alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. The massive 650,000 barrels per day oil plant sits on 2,635 hectares of land...
Uganda’s Ministry of Finance, Planning and Economic Development has recently stated that the East-African nation exported goods worth $674.54 million in March 2023, a 93.0 percent increase over the $349.44 million shipped in February 2023.
Sovereign wealth funds (SWF) are often associated with well-to-do countries. But an SWF or lack thereof is not necessarily the sign of a wealthy nation. There are plenty of prosperous countries that do not have an SWF and a few not-so-prosperous ones. Top 4 largest sovereign wealth funds
