More than 260 million malaria cases and nearly 600,000 deaths were reported in 2023 alone globally ANALYSIS | PATRICIA AKANKWATSA | Over the past two decades, Africa has made tremendous strides in the fight against malaria. Through the widespread use of insecticide-treated, bed nets (ITNs), rapid diagnostic tests (RDTs), preventive medicines, …
Read More »QCIL secures $36mn to expand production as profits surge
The company hopes to increase tablet production from 1.4bn to 2.4bn annually Kampala, Uganda | THE INDEPENDENT | Uganda’s largest pharmaceutical manufacturer, Quality Chemical Industries Ltd (QCIL), has secured a US$36 million (Shs133 billion) financing facility from Stanbic Bank Uganda to construct a second production facility, capitalising on a strong financial …
Read More »Afreximbank reports $215m net income in Q1 2025
On the payments front, the Pan-African Payments and Settlement System (PAPSS) continues to gain traction, with KCB Group in Kenya and Bank of Kigali in Rwanda integrating the platform ANALYSIS | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank has posted a net income of US$215 million for the first …
Read More »Kenya Airways steps up hard sale of their flights to London Gatwick
Nairobi, Kenya | AGENCIES | As Uganda Airlines finally launched their much delayed flights to the UK – notably not to London Heathrow, Britain’s primary aviation hub – but to Gatwick, which is clearly a secondary choice prompted by the long delays, has Kenya Airways promptly reacted to the change in …
Read More »Golfers, guile and gifts: South Africa’s president follows the new playbook for handling Trump
Unlike other world leaders, Cyril Ramaphosa — a former trade union leader — was clearly prepared. He spoke calmly and without interruption, politely but firmly disagreeing with Trump ANALYSIS | ALEXANDER SMITH | After maulings for Ukraine’s Volodymyr Zelenskyy and King Abdullah of Jordan, South African President Cyril Ramaphosa may have …
Read More »BII and Standard Chartered to bolster East African trade with US$100mn facility
The facility could serve as a model for other similar transactions on the continent Nairobi, Kenya | JOHN BASQUILL | Standard Chartered has agreed a US$100mn facility with British International Investment (BII) to extend trade finance across key sectors of the East African economy, with a focus on economic empowerment for women. …
Read More »Gates Foundation grants $5m to Axmed for maternity products in Africa
The grant is expected to unlock up to $10 million in MNCH procurement across a selection of countries in Sub-Saharan Africa ANALYSIS | AGENCIES | As part of the global health movement to expand affordable access to high-quality medicines, the Gates Foundation has awarded a $5 million grant to Axmed, a …
Read More »Let’s make cities and communities bird-friendly
Building bird friendly cities and communities is a shared responsibility, and we all can make a difference COMMENT | ALEX NGARI | Every year, the world celebrates World Migratory Bird Day (WMBD) to raise awareness about birds and the plight they face while migrating along routes known as flyways. Annually, millions …
Read More »MTN Uganda and government unite to boost digital transformation
Kampala, Uganda | THE INDEPENDENT | On May 22, MTN Uganda convened a high-level round table in Kampala, partnering with the Ministry of ICT and National Guidance to sharpen the country’s digital ambitions. The event brought together senior government officials, ICT policymakers, and MTN executives to map out practical steps for …
Read More »Uganda hosts EAC insurance regulators’ summit
Delegates acknowledged the region’s challenges — including limited public awareness, economic instability, and political unrest Kampala, Uganda | THE INDEPENDENT | Uganda’s Insurance Regulatory Authority (IRA) hosted a week-long meeting of the East African Insurance Supervisors’ Association (EAISA), drawing senior insurance regulators from across the East African Community (EAC). The event, …
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