Uganda: Latest News
Peter Pedroncelli, 2:31 am AFKI Original
The 2017 Africa Cup of Nations draw was held in Gabon’s capital city Libreville on Wednesday evening, as the Confederation of African Football (CAF) determined the four groups of 16 teams that will be aiming for glory come the AFCON in January 2017. The four host cities that will stage matches include Libreville, Franceville, Oyem and Port Gentil, as Gabon hosts the continental showpiece on their own, six years after co-hosting the competition alongside Equatorial Guinea.
Dana Sanchez, 8:48 am
Microbial solutions for pesticides and fertilizer are revolutionizing Western agriculture, but are slow getting started in Africa. There’s an overwhelming need to improve soil health and crop productivity on the continent. Yields have been stagnant for decades for several staple food crops. The bacteria living in roots, leaves and soil that help plants absorb nutrients, fight disease, and resist drought are less toxic than chemical ones, and potentially more efficient for farmers.
Kevin Mwanza, 8:42 am
The Abraaj Group, a United Arab Emirates (UAE) based private-equity investment firm, is seeking to invest in Kenya’s growing healthcare market and use it as a launching pad to build a network of hospitals to offer decent and affordable medical services in Africa. The Dubai-based group is in talks to acquire Metropolitan Hospital and other healthcare centers in the capital of East Africa’s biggest economy
Peter Pedroncelli, 5:15 am AFKI Original
The Confederation of African Football (CAF) revealed two shortlists for major awards over the weekend, including a shortlist of 25 players who are nominated for the 2016 African Player of the Year – Based in Africa award. A total of five players have been selected from South African club side Mamelodi Sundowns, meaning that a fifth of the nominees represent the Pretoria-based team.
Kevin Mwanza, 5:00 am
Tanzania has pulled out of the East African Community (EAC) common visa, in a move described by analysts as a plan to protect itself from economic competition from the region’s other nations. The decision effectively locks out Tanzania from ‘coalition of the willing’, an initiative by the region’s nations of Kenya, Uganda and Rwanda to promote tourism and enable their nationals to freely engage in business without restricted movement
Dana Sanchez, 5:04 pm AFKI Original
Most people outside Africa were introduced to Katwe, Uganda’s biggest slum, by way of a newly released Disney movie, “Queen of Katwe,” about a local chess prodigy. Katwe is described as one of the worst places on earth. It’s also known as a hive of ingenuity; its artisans, craftsmen and technicians famous for repairing imported electronic devices and cars. They’re also known for their ability to improvise and manufacture imitations of original items. Nearly half of all teenage girls in Katwe are mothers.
Dana Sanchez, 11:22 am
The Silicon Valley based Zipline team tested its drone delivery system for months in Rwanda to make sure it worked prior to launch, usually with an audience of locals. “Every day, we have hundreds of Rwandans lining up along the fence of the distribution center to watch operations,” said Zipline’s CEO. “The whole crowd cheers for every single takeoff and landing throughout the day. Some people show up at 6 a.m. to get good seats.” Some aid workers say drones have a bad reputation in Africa. People think they’re weapons.
Kurt Davis Jr., 9:53 am AFKI Original
Critics argue the Trans-Pacific Partnership will cancel out trade benefits that many African countries have under the African Growth and Opportunity Act. Others say TPP is the newer, better AGOA. The next trade agreement between the sub-Saharan African countries and the U.S. as well as Europe should be a better version of TPP. Intra-Africa regional trade still accounts for just 25% of total exports in sub-Sahara. By comparison, European and Asian intra-regional exports are at 70% and 50%. Sub-Sahara still has a way to go.
Kevin Mwanza, 4:58 am
Atlas Mara, an Africa-focused investment vehicle set up by ex- Barclays CEO Bob Diamond, has experienced hard times in its efforts to become the leading financial player in sub-Saharan Africa and capitalize on the continent’s vast unbanked population. Diamond set up the investment company in 2013 to buy African banks but has since faced a number of hurdles due to the fall in global commodity prices and depreciating currencies. While Altas Mara has spread to seven countries across Africa,
Kevin Mwanza, 10:53 am
The hotel industry will enjoy a boom in sub-Saharan Africa in the next three years, with East Africa leading the growth that will see about $3.6 billion worth of investment into the sector in the next two years. Tourism, diplomatic and non-governmental activities in the East African nations of Kenya, Rwanda and Ethiopia are leading the growth.
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