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US firms donate $200 million to boost higher education in Africa

Kampala - UGANDA is one of the seven African countries to benefit from a $200 million higher education boost in the next five years, a commitment by six of the US's largest foundations.

Amadeus comes to Uganda

Kampala - Amadeus, an international company with operations in the tourism industry has entered the Uganda market.

Swiss funded project to enhance Tanzania exports

The Permanent Representative of Switzerland to UNIDO, Ambassador Rudolf Schaller and UNIDO Director-General Carlos Magariños, signed a Trust Fund Agreement on 26 September for a project that will enhance Tanzania's export capacity...

Dramatic Drop in Poverty Comes With a Warning

There was a dramatic drop in the number of people living on less than $2 a day in Eastern Europe and the former Soviet Union over the five years to 2003, according to a new World Bank report.

Uganda drops in global competitiveness rankings

Uganda has dropped eight places in the latest global growth competitiveness rankings.
According to the Global Competitiveness Report 2005-2006 released by the World Economic Forum (WEF) on Wednesday, Uganda dropped from 79th position in 2004 to 87th in 2005 among 117 countries.

Mukwano scoops top exporters’ award

MUKWANO Group of Industries has won a Platinum trophy for Overall Best Performer in the 6th President's Exporters Awards 2004.

Moody’s reports : Tunisia’s Baa2 foreign-currency Bond rating and stable outlook supported by economic stability but constrained by high debt level

In its annual report on Tunisia, Moody's Investors Service says the country's Baa2 foreign-currency debt rating and stable outlook are supported by the Tunisian economy's stability and resilience to external shocks. "Although Tunisia'.....

Usaid to boost cotton in northern Uganda

THE United States Agency for International Development (USAID), has announced its intention to intervene in the Northern Uganda Cotton Programme with a $100,000(Shs185 million) boost.

The World Economic Forum On The Middle East To Be Held In Sharm El Sheikh Next May


Representatives of the World Economic Forum and Egypt's Ministry of Foreign Trade and Industry are meeting today in Sharm El Sheikh to sign the Memorandum of Understanding (MOU) marking the official start of preparations for the World Economic Forum on the Middle East on 20 to 22 May 2006 to be held in Sharm El Sheikh, Egypt

ITU Secretary-General Utsumi praises achievements,

Two days before the end of PrepCom,  the UK delegation, speaking on behalf of the European Union, tabled a new proposal that marked a clear departure from its earlier position.

Africa: Whose Energy Future?


With oil prices rising worldwide, African oil-producing countries are expecting windfall earnings. Global oil companies and consuming countries are giving even greater attention to Africa's oil. The World Petroleum Congress, held last month in Africa for the first time, in Sandton, South Africa, celebrated the potential. But a new report from South Africa's groundWork questions the fundamental structure of the oil industry on the continent.

Tunisie-Telecom: pretenders gather and the bride says no word!

After Vivendi Universal who announced its candidature for the repurchase of the 35 % of the capital of Tunisie-Telecom, pretenders begin to crowd at the door of the public operator in fixed and mobile telephony. Alternately, Bouygues Telecom who declares that " Tunisia is a country traditionally close to France and its market of télécommunication presents real chances of development.
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