Economy
Economy
Economy
Economy
Economy
Economy
Economy
Economy
Reducing Poverty and Inequality in Africa
Economy
Economy
Economy
Economy
Economy
Economy
Economy
Java House has hit a major milestone with the launch of its 100th branch in Rubaga, Kampala. The new outlet celebrates the brand’s steady growth across East Africa, bringing its popular “Express” model to one of Kampala’s most vibrant communities. Customers can expect the same warm hospitality, local flavor, and convenience that have made Java House a household name.
Nigeria has imposed a six-month ban on raw shea nut exports to boost local processing and capture more value from the global market. The move aims to empower rural women, curb informal trade, and strengthen the country’s position in the $6.5 billion shea industry.
The Maputo-Katembe Bridge, built by China, has dramatically improved connectivity in Mozambique’s capital, slashing travel time and symbolizing a deepening partnership between the two nations. Locals call it the “Bridge of Dream,” reflecting its role in driving development and transforming daily life.
Equity Bank’s TUPANGE Business Forum made its first regional stop in Mbale, inspiring over 500 entrepreneurs with practical insights on financing, collaboration, and digital tools for growth. The event highlighted the critical role of SMEs in Uganda’s economy and showcased how value chain partnerships and tailored financial support can turn small ventures into sustainable success stories.
President Museveni has directed the Agriculture Ministry to draft regulations to modernize Uganda’s tea sector, improve quality, and stabilize international prices. He urged tea growers and processors to provide input on crop classification and pledged financial support, signaling a major push toward a more structured and profitable industry.
Uganda has secured financing for the $2.7 billion Standard Gauge Railway project, marking a major step toward its implementation. The government will contribute 15 percent of the funding, with the remainder sourced from export credit agencies and international development institutions. Officials say the project will not only boost transport efficiency but also create opportunities for local contractors and stimulate economic growth.
