News, Stories, Events, & Trends that shape the Eastern African region
In a remarkable display of international solidarity, Ugandan Carrefour employees have achieved a milestone in labor rights advocacy, thanks to the concerted efforts of UNI and the unwavering support of the FNV of the Netherlands. The culmination of the “Establishing Bridges, Growing Solidarity, and Strengthening Collective Bargaining” project in Entebbe, Uganda, from January 22nd to
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Carrefour, the exclusive retail giant operated by Majid Al Futtaim in Uganda, is gearing up for a grand celebration as it marks its four-year anniversary in the country. Commencing from January 31 to February 13, 2024, customers are in for a treat with a plethora of exciting prizes and daily discounts. As a token of
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Carrefour, owned and operated by Majid Al Futtaim in Uganda, has officially kicked off its latest ‘Round Up Your Bill’ initiative with an event at Noah’s Ark Village in Entebbe. ‘Round Up Your Bill’ allows customers to make donations that support vulnerable groups in neighbouring communities as part of the brand’s mission to drive positive
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President Yoweri Kaguta Museveni took center stage at the 23rd Ordinary Summit of the EAC Heads of State in Arusha, Tanzania, underscoring the urgent need for East African Community (EAC) integration, particularly emphasizing its significance for the region’s youth
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Entrepreneurs hailing from Nigeria, Kenya and Egypt were in the top three following the final pitching session in the Grand Finale; Africa’s Business Heroes grant recipients contribute to the creation of over 123,000 direct and indirect jobs through their entrepreneurial endeavors.
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Streaming platforms are partnering with mobile operators to expand in new markets while helping users save on some of the world’s highest data costs.
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Kenya’s Ed Partners Africa, a non-banking financial institution that specialises in providing loans to affordable private schools, has announced the commitment of a US$10 million loan guarantee facility from the United States’ Development Finance Corporation (DFC) to help it expand access to affordable education.
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Kenyan fish farming startup Aquarech has raised US$1.7 million in equity funding to help it improve outcomes for small-scale fish farmers in Kenya through its mobile app platform. Founded in 2019 and led by Kisumu-based founder and CEO Dave Okech, alongside co-founders James Odede and Joseph Okoth, Aquarech is working to streamline the production behind fish farming
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The new goal for African telcos is becoming technology platforms not just old goody mobile carriers with dynamic software solutions replacing traditional voice calls and SMS
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Outside of tracking fundraising metrics, the last $12bn to $15bn invested in African startups through VC should have been a learning experience. So what are we learning about these experiments in African venture capital so far?
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