Google, IFC invest in tech firm CSquared

Google, IFC invest in tech firm CSquared

Google, Convergence Partners, International Finance Corporation (“IFC”), and Mitsui & Co., Ltd. (“Mitsui”) have signed an agreement to invest in CSquared, a broadband infrastructure company focused on building wholesale metro fibre optic networks and enabling internet access in Africa. CSquared will operate as an independent company headquartered in Nairobi, Kenya with cumulative capital commitments of […]

‘e2 Young Engineers’ debut at Kampala Baby Expo

‘e2 Young Engineers’ debut at Kampala Baby Expo

There was a mad rush for information from the ‘e2 Young Engineers’ exhibition stall over the weekend during the first ever Kampala Baby Expo 2017, in Kampala Uganda. The e2 Young Engineers Programme, a STEM (Science, Technology, Engineering and Mathematics) curriculum is run in Uganda by the African School of Innovations, Science & Technology Ltd […]

Uganda’s pioneer digital youth SACCO marks one year

Uganda’s pioneer digital youth SACCO marks one year

In order to fight youth unemployment, a group of youth innovated a SACCO called Mushana Youth SACCO the first digitalized youth financial institution in Uganda. According Janson Mugabe the lead innovator and Chief Executive Officer of the SACCO says there was need to embrace the digital era and form an electronic SACCO system that helps […]

Muzizi hydropower plant project works get Shs 342billion boast

Muzizi hydropower plant project works get Shs 342billion boast

The Uganda government has revealed a Shs 342bn (about 90 million Euros) concessional loan from different European countries for the construction of the Shs 418bn Muzizi hydropower plant project. The project is at River Muzizi which is 6km upstream of Lake Albert in Kibaale District extending to Kabarole, Kyenjojo and Ntoroko districts in western Uganda. […]

Ugandans complain about seeing old photos on Facebook

Ugandans complain about seeing old photos on Facebook

There have been several claims of outdated posts being re-shared on users’ timelines without their permission. Though the cause of the issue is unknown, the timing has people wondering if the glitch is related to the new version of Facebook’s app on iOS, which came out recently, or the recent Year in Review feature. Earlier […]

Who’s to blame for UTL’s Shs128 billion debt? Everyone and no one: special report

Who’s to blame for UTL’s Shs128 billion debt? Everyone and no one: special report

Uganda Telecom teeters on the brink of bankruptcy. Budadiri West MP, Nandala Mafabi on Thursday alleged years of corruption and mismanagement. His report tabled in the House claims that the company loses 1.5 million dollars, over four bullion shillings every month. Who’s responsible for UTL’s financial fiasco? The MP further accused top managers, including the […]