The Tony Elumelu Foundation (TEF), the leading African philanthropy committed to empowering African entrepreneurs, will announce the selected applicants for the 2019 cohort of the Foundation’s flagship Entrepreneurship Programme on March 22, 2019. The event, which marks the 5th round of the Foundation’s Entrepreneurship Programme, will take place at the
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Africa’s richest man, Aliko Dangote, is set to pocket almost $650 million (UShs2.4 trillion) in dividends from profits made by his Dangote Cement in 2018. Dangote Cement PLC recently released its FY’18 results, reporting sales of $2.5 billion, up 12.11% from $2.23 billion in 2017. Profit before tax stood at
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The Petroleum Authority of Uganda (PAU) organised the first Regional National Content Conference for suppliers in the Oil and Gas Sector at the Hoima Resort Hotel, Hoima on 12th March, 2019. The objective of the conference, which was attended by close to 400 participants, was to engage and disseminate information
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Amazon founder Jeff Bezos is the richest man in the world, according to the 2019 Forbes billionaires' list released early March. With an estimated fortune of $131bn (£99bn) he is the wealthiest man in modern history. But he is by no means the richest man of all time. That title
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In 2016, dfcu Bank signed an MOU with Makerere University Business School (MUBS) to start a business acceleration program for women entrepreneurs under its program Women in Business that seeks to empower women entrepreneurs in the business space. Recently, the first group comprising of 90 women successfully completed the 2-year
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There are a few enterprises that can give you a profit of Shs300,000 after Shs1m investment. However, this is has been made possible at PROF BIORESEARCH, a company founded by Julius Nyanzi, a Ugandan Bio-Entrepreneur, scientist, researcher and innovator. The company only deals in organically grown crops/ foods or organically
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SUMMARY OF PROJECT DISBURSEMENTS BY LOCAL GOVERNMENT AS OF TO-DATE PDF REPORTDownload
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Under Kiwani Women Value Addition and Marketing Group found in the eastern district of Kibuku, women are reaping big from processing fresh cassava tubers into high quality cassava flour. This women group has received funding from the Uganda Women Entrepreneurship programme (UWEP) to implement enterprises of their choice. The women
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Single motherhood and limited means, coupled with unlimited demands is such a challenge to many women that some abandon their children while others resort to unbecoming social activities, some of which can endanger their lives. The need for decent living in an ever challenging economic atmosphere which is characterized by
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Originally discriminated against for being HIV/AIDS positive, 570 women in Karusandara Sub-county in Busongora South Constituency, Kasese District have reinvented themselves by forming a Crafts Making and Selling Group. The group chairperson, Donata Komuhangyi, says Karusandara Women Crafts Making and Selling Group was established in 2004, as a community development umbrella
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