Business

 Lycamobile, the world’s largest mobile virtual network operator (MVNO), announces this day that it has opened operations in Uganda. This development expands Lycamobile’s global network reach to 24 counties worldwide. Uganda is one of the biggest destinations for telecoms business in Africa, characterised by discerning high utility consumers. It has approximately 25 million mobile phone users and a nationwide mobile …

Starting today, Mobile Telecommunications Network (MTN) customers in Uganda will enjoy a ‘non-expiry’ internet data plan. This means the users will then have data bundles that do not expire in this new offer “MTN Freedom bundles”. MTN Unveiled the new offer was unveiled today at the inaugural ICT Innovations Uganda Expo 2019. The old internet subscription plan still adopted by …

The Board of Directors of the African Development Bank has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme to scale up its outreach and impact to 1,000 select youth entrepreneurs. The grant follows the signing of a letter of intent between the Bank and the Tony Elumelu Foundation, which took place during the Tony …

The African Development Bank has urged the continent’s nations to stay the course on climate action, after a marathon session of talks at the twenty-fifth Conference of Parties to the United Nations Framework Convention on Climate Change (COP 25) in Madrid. The conference was scheduled to run from 2 to 13 December, but only concluded business on Sunday, two days …

Ethiopia’s agricultural sector is the bedrock of the economy, employing more than 70% of the workforce, accounting for more than a third of GDP, and serving as the country’s largest earner of foreign exchange. Yet outdated farming practices and low productivity mean that agriculture in Ethiopia is far from reaching its potential. Boosting output from this sector could help improve …