The growing number of startups securing major financial commitments sets the stage for an entirely new era of growth in the African venture capital industry. This was the most discussed topic during the sixth edition of the Africa Early Stage Investor Summit #AESIS2019 held between 13-15 November in Cape Town,
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By Denis Jjuuko Uganda is considered one of the most entrepreneurial countries in the world. Many adults have started or own businesses. If you are observant, somebody might be setting up a kiosk not far from your home. In every little corner, there is somebody doing some sort of business.
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Israel's attorney general has charged Prime Minister Benjamin Netanyahu with bribery, fraud and breach of trust in three cases, the justice ministry says. Mr Netanyahu is alleged to have accepted gifts from wealthy businessmen and dispensed favours to try to get more positive press coverage. He has denied any wrongdoing
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The Global CEO and Chairman of The Coca-Cola Company, James Quincey culminated a tour of Africa last week. Accompanied by his extended leadership team, the visit was a testament of Coca-Cola’s commitment to Africa and its interest in the vast opportunity that the continent presents in driving the beverage company’s
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Musicians Moses Ssali aka Bebe Cool, Catherine Kusasira and Ibrahim Mayanja aka Big Eye have reportedly been given 30 cows each to improves their household incomes. According to reports, the artists were blessed with the herd of cows by President Yoweri Museveni for their continued loyalty and mobilization support for the
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TradeMark East Africa has signed a partnership with African Union aimed at boosting intra-African trade and realisation of the ambitious Africa Continental Free Trade Area. The agreement was signed by Amb. Albert Muchanga, Commissioner for Trade and Industry, AU and Amb. Erastus Mwencha, TradeMark EA Board Chair and Frank Matsaert,
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Months after being fired by Uganda's Central Bank, dfcu bank has also ditched city law firm, Sebalu & Lule Advocates as representatives in the case against Meera Investments Limited. According to a notice of change of to the High Court in Kampala, dfcu bank has now hired the services of
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Uganda's Electoral Commission Chairman, Justice Byabakama Mugenyi Simon on Thursday released dates for the general update of the country's Voters’ Register. According to Byabakama who was addressing a press briefing at the EC headquarters, the General Update of the National Voters’ Register he launched on Thursday 21st November, will end on
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Eastern Africa’s regional climate monitoring centre, ICPAC, has issued a warning over the possibility of heavy rainfall across the region at the end of the week. The agency has called on people to be “vigilant for flood risk”. ICPAC says the rainfall, ranging between 50-70mm (2-2.75in), is expected on Friday
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The Speaker of Uganda’s Parliament, Rebecca Kadaga given fresh details regarding allegations that Shs24Bn meant for the construction of a road on top of Isimba dam connecting Kayunga to Kamuli district was misappropriated. Kadaga also lashed out at Eng. Irene Muloni, the Minister of Energy and Mineral Development for addressing
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