Many family-owned businesses in Africa fail to survive after the death of their founders, mainly because of poor planning, family conflicts, and weak management structures. […]
Category: Business
How Tanzania’s Economy Grew Stronger in 2025
Tanzania’s economy performed better than many others in 2025, despite global economic challenges. While several countries struggled with slow growth, high inflation, and weak trade, […]
President Museveni Pledges Revolving Fund and Shared Workshops to Transform Kampala’s Informal Mechanics Sector
President Yoweri Museveni has proposed the establishment of a government-backed revolving fund and shared mechanical facilities aimed at transforming the livelihoods of thousands of informal […]
Kenya Exports First Apple Mango Shipment to UK, Unlocking Premium Market for Farmers
Kenya has sent its first-ever shipment of Apple mangoes to the United Kingdom, marking an important milestone for the country’s horticulture sector and opening a […]
Uganda to Host Africa’s First Destination Celebrations Expo in 2026
Uganda is preparing to host a major continental tourism event in 2026 as it seeks to grow its position in the global events and experiential […]
Uganda National Oil Gets $2 Billion Loan to Boost Energy Infrastructure
Uganda National Oil Company (UNOC) has secured a $2 billion loan from Vitol Bahrain EC, a company linked to Vitol Group of Britain, to support […]
UDB Empowers Business Owners in Ankole Through Skills Training
The Uganda Development Bank (UDB) has trained dozens of small and medium business owners in the Ankole region to help them grow stronger and more […]
Tanzania Ports Authority Looks for Partners to Expand Port Capacity
The Tanzania Ports Authority (TPA) has announced plans to work with local and international partners to expand the country’s port capacity and improve efficiency as […]
Africa’s Billionaires to Watch in 2026 as Wealth and Influence Grow
Africa is set to see a new wave of powerful billionaires shaping its economy in 2026, driven by growth in technology, energy, banking, mining, and […]
Tanzania’s Raddy Energy to Import $320 Million Siemens Gas Turbines in Major Power Expansion Push
Tanzania’s private power producer Raddy Energy is set to import four gas-powered electricity generation units worth $320 million from Siemens Energy, marking a significant step […]