Furaha, MTN MoMo School loan reaches 100,000 Ugandan children
More than 100,000 Ugandan children have benefited from school fees financing through Furaha’s School Fees Loan, highlighting the growing role of digital…
Business Edge Staff
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Africa’s film industry has stories to tell, but struggles for audience
Africa's film industry is struggling to turn growing demand for local content into sustainable revenues, with limited distribution networks, high internet…
MTN targets festive-season growth with Kamata Christmas promotion
MTN Uganda is looking to strengthen revenue growth in the final months of the year through increased customer activity, as the technology company rolls out a…
MTN supports 25 community projects with Shs500million
MTN Uganda Foundation has announced 25 beneficiaries of the fourth phase of its Changemakers programme, committing Shs500 million to support community-led…
UEDCL seeks $994m to improve power supply as blackouts persist
Uganda's state-owned electricity distributor, UEDCL, says it needs $994m over the next five years to improve power supply and reduce outages, as households and…
Tanzania secures $1.2bn for railway linking regional markets
Tanzania has secured $1.2bn in commercial financing to build a new railway line linking the country's central and western regions, in a deal supported by an…
MTN Uganda profit rises 21% to Shs571bn in nine months
Technology company, MTN Uganda, has reported a 21.2% increase in profit after tax to Shs 571.2 billion for the nine months to September 30, largely because it…
Afreximbank, APPO launch $5bn Africa Energy Bank
African financial institutions have launched a $5bn energy bank to help countries develop oil and gas resources, expand refining capacity and reduce their…
MTN widens access to digital skills in Manafwa District
MTN Uganda has trained 390 young people and women in digital skills in eastern Uganda, part of a wider effort to prepare communities for employment and…
Uganda banks raise lending rates as fuel costs rise and shilling weakens
Three of Uganda’s largest commercial banks are raising lending rates following a central bank interest rate increase, adding to pressure on businesses and…
Afreximbank backs US$975 million Oryx buyout to boost African ownership
Africa’s multilateral lender, African Export-Import Bank, has provided US$975million to help finance the management buyout of Oryx Energies, a…
East African countries agree on common rules for biopesticides
Eight East African countries have agreed on common rules for approving biopesticides, in a move that could make it easier for farmers to access biological…
MTN, WWF name winners of Uganda’s 2026 green innovation challenge
Technology firm, MTN Uganda and the World Wide Fund for Nature (WWF) Uganda have awarded three youth-led businesses a combined Shs30 million for innovations…
East Africa imports billions of dollars in goods despite producing the raw materials
East Africa produces large quantities of cotton, hides and oilseeds, but much of the region’s demand for clothes, footwear and cooking oil is met by imports…
Afreximbank’s nine-month profit jumps 24% to US$813.5 million
African Export-Import Bank’s net income rose 24% in the first nine months of 2026 as increased lending and higher interest earnings boosted profitability…
MTN Uganda turns to Starlink as satellite internet competition grows
MTN Uganda has launched a satellite internet service for businesses in remote areas, stepping up competition with rival Airtel Uganda as the country’s telecom…
MTN Uganda opens digital training centre for teachers
MTN Uganda has launched a teacher training centre to equip educators with digital skills and artificial intelligence tools, expanding its education investments…
Stanbic invests Shs40m to maternal care in Obongi Health Centre IV
Stanbic Bank Uganda has donated Shs40 million worth of medical equipment and supplies to Obongi Health Centre IV in Obongi District, West Nile sub-region in…