Kampala — The World Bank Group (WBG) Board of Executive Directors today endorsed a new Country Partnership Framework (CPF) for Uganda, a 10-year strategy (2026-2035) designed to accelerate a private sector-led economic transformation and expand opportunities for the country’s rapidly growing population. The CPF, developed in collaboration with the Government of Uganda and in consultation…
The new lottery era is powered by innovation and access. The appointment of Sizekhaya as South Africa’s fourth national lottery operator marks the beginning of an era of technological innovation and modernisation for the country’s lottery system, says the National Lotteries Commission (NLC). Sizekhaya officially assumed responsibility for operating the national lottery on 1 June,…
Artificial intelligence, smart meters and data systems are critical to SA’s future energy security and grid resilience. (Image created via ChatGPT) South Africa’s energy future will increasingly depend on digitalisation, with technologies such as artificial intelligence (AI), smart meters and predictive maintenance systems used to transform how electricity is generated, distributed and managed. This is…
Home Affairs minister Dr Leon Schreiber. (Photograph: Supplied) The Department of Home Affairs (DHA) has, in eight weeks, processed 118 434 smart IDs through its digital partnership with banks. It aims to offer this service at 750 bank branches by the end of the year. This is according to minister Dr Leon Schreiber, who today…
Building on a proven track record across 34 African markets, Ecobank Group has said it will partner with Development Finance Institutions (DFIs), including Proparco, to deploy this $3 billion commitment. “By expanding access to competitive trade finance, the funds will directly fuel the core engines of Africa’s real economy: agribusiness, manufacturing, and general commerce. This…
Tourism Minister Patricia de Lille says Africa’s Travel Indaba is a powerful celebration of the continent’s extraordinary potential to drive economic growth through tourism. “This is where travel industry professionals gather, including tour operators, hotels, airlines and tourism boards to showcase products, network, negotiate deals and form partnerships with buyers,” De Lille said on Monday….
A three-year effort to immunise children who missed routine vaccinations due to the Covid-19 crisis is on course to reach the 21 million target, the United Nations has said. The UN’s World Health Organization and children’s agency Unicef, along with the Gavi Vaccine Alliance, had launched “The Big Catch-Up” during the World Immunisation Week in…
More than 20 years after an unsuccessful attempt to record a commercial oil discovery within the Nigeria-Sao Tome & Principe Joint Development Zone (JDZ), the two countries are calling for willing investors, particularly independent producers in Nigeria, to go into aggressive search for hydrocarbon in the ultra-deep frontier basin. The Nigeria-Sao Tome & Principe Joint…
Mall expansion replaces Pick n Pay kiosks as GoTyme scales hybrid banking. Digital bank GoTyme, formerly TymeBank, is ramping up its expansion into shopping centres, as it accelerates its hybrid ‘phygital’ model built around setting up mall-based customer hubs. The move forms part of a strategic shift in how the ‘neo bank’ engages customers, positioning…
African Export Import Bank (Afreximbank), has called for urgent and coordinated multi stakeholder action to transform Africa’s cotton sector from a raw commodity export base into a competitive textile and garment industry. President and Chairman of the Board of Directors of the Bank, Dr George Elombi, made the call while addressing delegates at the recently…
