Uganda: Latest News
Tom Jackson, 4:59 am AFKI Original
Last month’s Frost & Sullivan report, Enabling eHealth Technology in South Africa, Kenya and Ghana, painted a glowing picture of the e-health space on the continent. From telecoms to startups, many firms are capitalising on the increasing advancements in ICT to improve healthcare delivery, with South Africa, Kenya and Ghana ahead of the game. “The total eHealth market for South Africa, Kenya and Ghana is in a nascent stage with expectations of high long-term growth,”
Dana Sanchez, 9:50 pm
For ambitious young U.S. soldiers seeking leadership, a deployment in Africa is hard to beat. And that means being based in Djibouti. Djibouti’s status as a stable country in an otherwise volatile region is an asset worth millions of dollars in rent. Djibouti enjoys a lucrative role as a landlord. The U.S. pays $63 million a year to rent its base at Camp Lemonnier. China is building a base 8 miles away, and will be paying $100 million for theirs.
Kevin Mwanza, 7:58 am
FirstRand Limited, a South African bank and the leading lender by market value on the continent, plans to buy assets in Nigerian, as it seeks to capitalize on the global fall in commodity prices that has pushed down asset valuation in Africa’s biggest economy. The plan comes five years after the lender decided against buying majority shares in Sterling Bank Plc because of high prices in shares. Naira, the national currency fell to a record low of 309 against the dollar, in July further lowering asset valuation in the nation.
Peter Pedroncelli, 7:23 am AFKI Original
The third round of African World Cup qualifying is upon us, with 20 teams from the continent left with a chance of securing one of the five spots allocated to the African continent. This weekend will see the opening matches of the third round group stage. Here are 10 African World Cup qualifying matches to look out for this coming weekend.
Dana Sanchez, 3:18 pm
Rwanda, with the world’s first drone port under construction, also has a new international airport planned and recently took possession of its first wide body aircraft — an investment expected to open up new markets. RwandAir has its eye on the U.S., Europe and Asia, with 25 targeted destinations by 2018. The 7-year-old airline has yet to turn a profit, but the government plans to build a new airport to accommodate four times more passengers than Kigali can handle.
Kurt Davis Jr., 1:34 pm AFKI Original
African private equity deals fell to $2.5 billion in 2015, compared with $8.1 billion in 2014. Fundraising and transactions are expected to be down further in 2016. It is time to buy for 2017. Market expectations are low in some places, so asset prices are low. Logistics and financial services – going against the past market movement – are huge opportunities if you can buy in at low asset prices and ride the unavoidable African rebound in the next year and beyond.
Dana Sanchez, 8:52 pm AFKI Original
Burkina Faso is an Africa success story for press freedom. The recent military coup was accomplished without any major violations of freedom of information. Insulting the president may be decriminalized soon. Both print and broadcast media are more pluralistic and dynamic than most African countries. Transparent governments that respect human rights and the rule of law tend to be good for business and investment. We’ve highlighted 12 countries in Africa that rank highest for press freedom in 2016.
Dana Sanchez, 1:57 pm
Africa is short 90,000 doctors, 500,000 nurses, 300,000 community health workers and 500,000 hospital beds — and that was in 2007. With populations among the fastest-growing in the world, the ratios are getting worse. For someone interested in investing in the continent, these numbers could spell opportunity. Here are some market opportunities and investment ideas that could help fill the gap where other medical services are lacking.
Peter Pedroncelli, 8:51 am AFKI Original
Ghana national team coach Avram Grant selected a 23-man squad that will do duty for the Black Stars in matches against South Africa and Uganda. The Ghanaians will face Bafana in a friendly encounter on October 11, but will first need to negotiate a World Cup qualifier against the Cranes of Uganda on October 7.
Staff, 4:45 am
Many innovations in Africa fail to materialize due to of lack of knowledge about registering intellectual property. Resident applications for patents are low in African countries. In 2014, there were 132 patent applications in Kenya, 14 in Zambia and five in Rwanda compared to over 280,000 in the U.S. and 19,000 in the U.K. The registration of copyright in many African countries has not taken off and this data is not taken into account in economic surveys. Microsoft’a online IP registration system replaces traditional paper-based forms.
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