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The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs, has opened applications on its TEFConnect digital platform (www.tefconnect.com) for the entrepreneurship program of 2021. Applications for TEF 2021 went live on January, 1, 2021. This year’s intervention prioritises the economic recovery of small and medium scale

Fancy Noor’s Restaurant Opens At Kingdom Kampala Mall

BusinessFocus Reporter January 1, 2021January 1, 20210

Tycoon Sudhir (2nd Left) officially launching Noor's Restaurant located at Kingdom Kampala Mall City businessman Dr Sudhir Ruparelia has urged Ugandans to stay safe and look after themselves from Corona virus pandemic as they enter new year 2021. Dr Sudhir Ruparelia made the remarks while officiating at the opening of Noor's Restaurant

Opportunities

How Ugandan Nasa scientist Catherine Nakalembe uses satellites to boost farming

Alex Joel Masereka December 29, 2020December 29, 20200

As a keen badminton player Ugandan Catherine Nakalembe wanted to study sport science at university but a failure to get the required grades for a government grant set her on a path that led her to Nasa and winning a prestigious food research prize, writes the BBC's Patience Atuhaire. When

Banking Success Story

Absa Bank Uganda Wins Best Banking Group Brand & Best CSR Bank Of The Year Awards

Taddewo William Senyonyi December 24, 2020December 24, 20200

Mumba Kalifungwa, Absa Bank Uganda MD (L) and Harriette Kasirye, Head of Marketing & Corporate Relations, pose with the certificates received by the bank. Absa Bank Uganda has been named the Banking Group Brand of the Year (Uganda) and Best CSR Bank (Uganda) 2020 by the Global Banking & Finance

Entrepreneurship News

The Innovation Village Partners With Facebook To Prepare SMEs For COVID-19 Resilience & Recovery

BusinessFocus Reporter December 10, 2020December 10, 20200

The Innovation Village through Upskill in partnership with Facebook has today launched the Boost with Facebook webinar series. The Webinar that will go on for three days under the theme ‘Leveraging digital platforms for Covid-19 SME recovery’ seeks to share skills and knowledge to help small businesses build resilience to

Agribusiness Opportunities

Report Reveals Five Agriculture-Energy Opportunities That Can Attract Commercial Investors

BusinessFocus Reporter December 2, 2020December 2, 20201

A groundbreaking study launched on November 30, 2020, by Factor[e] Ventures, supported by the Rockefeller Foundation and the Windward Fund, finds that the lack of robust energy services in Africa’s agriculture sector is a fundamental obstacle to the sector’s growth. Agriculture and agribusiness together are projected to be a US$

Entrepreneurship

Jeff Bezos Is Nearly Shs52 Trillion Richer As Stocks Post Best Week Since April, Even With US Election Undecided

BusinessFocus Reporter November 7, 2020November 7, 20200

Amazon founder and CEO Jeff Bezos Despite uncertainty around the results of the presidential election, the U.S. stock market had its best week since April, helping some of the world’s richest add billions of dollars to their fortunes. The market rally has made the world’s richest person, Amazon founder and

Banking Entrepreneurship

Dfcu Bank Targets Small Businesses With Unsecured Loans

BusinessFocus Reporter October 27, 2020October 27, 20202

Ronald Kasasa,dfcu Bank’s Head of Business Banking In a move to continue making it more possible for businesses in Uganda to thrive, dfcu Bank has introduced an unsecured loan product to support small and medium businesses in Uganda. The unsecured loan product dubbed as “Baraka Loans” will enable customers to

Entrepreneurship

5 Best Ways To Save Money

BusinessFocus Reporter October 25, 2020October 26, 20200

Lack of money is the biggest source of stress. It actually causes many people to make wrong choices and decisions out of frustration. If you were to ask most of those categorized as "successful people” many would tell you their tricks in how they started to save from their small

Entrepreneurship

Absa Bank, IFC Train 300 Ugandan SMEs To Boost Business Recovery & Resilience

Taddewo William Senyonyi October 21, 2020October 21, 20200

Mumba Kalifungwa, Absa Bank Uganda’s Managing Director Absa Bank Uganda and the International Finance Corporation (IFC), a member of the World Bank Group, have partnered to train over 300 Ugandan small and medium-sized enterprises (SMEs) to help them assess business risks, adapt their business models and navigate the difficult operating