ugandan_diaspora_social_networking_event_2015_00
Business

Business | New East African Development Bank Scholarship Program to Boost Skills Development in STEM Fields

KAMPALA, Uganda/NEW YORK, New York— January 6, 2016 — The Africa-America Institute is accepting applications for the new East African Development Bank (EADB) scholarship program for experienced teachers and lecturers to ea...


Diaspora Remittance | Nigerians in diaspora sent home $21 billion in 2015

With about $21 billion sent home by Nigerians in diaspora in 2015, the country is the sixth largest receiver of remittances in the world, the Migration of Remittance Factbook 2016 has shown. The country is also by far the large...



Opinion | British Airways exit and drying symptom of worsening inflows – Karoli vs British Envoy

Daily Monitor — The world’s largest airline operator owners of British Airways announced their exit from Uganda effective October 3, after a 24-year run operating flights from Entebbe. This is not a vote of confidence i...



Uganda Coffee | Starbucks Is Making Africa’s Biggest Coffee Exporter Even Richer

Bloomberg Business — Ugandan coffee sold as single-origin beans by Starbucks Corp. will boost earnings for Africa’s biggest exporter of the crop, the country’s industry regulator said. Coffee growers may as much as d...


China ‘Black Monday’ Timeline | The Chinese Stock Market Crash And How It Happened

International Business Times — The Chinese stock market continued to tumble Monday, with losses in the billions and markets consequently plunging all over the world. The Chinese stock market crash has been called “C...



Overseas Private Investment Corporation (OPIC) | October 14th – Expanding Horizons 2015 Workshop For Small Businesses Comes to Boston

For more than four decades, the Overseas Private Investment Corporation (OPIC) has been the primary U.S. government agency supporting private sector investment in international emerging markets. In an effort to reach out to Ame...



Opinion | By Arthur M. M. Katabalwa | British Airways — The Worlds’ Favorite Airline Throws In The Towel At Entebbe.

In a short statement released today, the worlds’ favorite airline, British airways announced that it was suspending flights between London Heathrow and Entebbe Airport in Uganda. In the statement signed by Edward Frost, T...


Uganda Business | National Social Security Fund (NSSF) invests Shs 145 Billion in Equity Bank

Alon Mwesigwa — The National Social Security Fund has bought a 2.44 per cent stake in Equity bank group, making it the seventh largest shareholder in the group, it was announced yesterday. This translates into 90.2 milli...



James Arinaitwe | On Youth Employment – Education Matters, But Skills Matter More

Devex News — When I was 18 years old, full of ambition, zeal and energy, I graduated from high school in Kampala, Uganda, with good grades and a great command of the English language. With my gap year at hand, I combed th...


The Washington Post | This is Why the Euro Is Collapsing

Next summer is looking like the best time to take that European vacation you’ve been thinking about. That’s because the euro has already fallen to a 12-year low of $1.06, and should keep falling for at least another...



Forex | Bank Of Uganda Statement on the Fluctuating Foreign Exchange Rate

Press Release — Uganda’s exchange rate against the US dollar, In common with those of many other countries around the world, has come under strong pressure in recent weeks. This is mainly for two reasons. First the doll...



Entebbe International Airport Set For a $400 million Dollar Expansion But Project Funding Yet To Be Identified

For a project that is slated to begin in June, either a big chunk of the funding for it would safely be kept somewhere or the source would have been confirmed by now. Officials of the Civil Aviation Authority (CAA) are keeping ...


Dole Food Company Inc, Is The Largest Producer of Fruits and Vegetables In The World – How Can Uganda Borrow From This Dole Success Story!

Dole Food Company, Inc. is an American-based agricultural multinational corporation headquartered in Westlake Village, California. The company is the largest producer of fruits and vegetables in the world, operating with 74,300...



EA Diaspora Business Council | Doing Business in East Africa | August 5th 2014 | Washington, DC

WHAT: East Africa delegates to President Obama’s US-Africa Heads of State Summit consisting of ministers, governors, county planners, administrators and chambers of commerce will present project opportunities across many sec...



How to Suceed in Business | 3 Practical Lessons from Billionaire Mark Cuban

For super entrepreneur Mark Cuban, it all started with a pair of basketball shoes—but not the ones you’re probably thinking of. This particular pair of footwear has nothing to do with the Dallas Mavericks, the NBA team he o...


Boston Globe | TelexFree Inc. Massachusetts Office Raided in Widening Internet Fraud Probe

Federal agents from the FBI and Homeland Security have raided the Marlborough headquarters of TelexFree Inc. in the intensifying investigation of an alleged billion-dollar scheme that has the potential to rank among the largest...



The Economist | Nigeria’s Economy Overtakes South Africa To Become Africa’s new Number One

Nigeria’s suddenly super-sized economy is indeed a wonder; but so are its still-huge problems. — Nigeria has declared itself the biggest economy in Africa. Overnight, with the wave of a statistical wand, it has added...


New Currency | Zimbabwe adopts Chinese yuan as legal tender

Zimbabwe’s central bank has announced it would accept the Chinese yuan and three other Asian currencies as legal tender as economic relations have improved in recent years. “Trade and investment ties between Zimbab...



Ugandan Diaspora UK | Health Scare Inspires a Soft Drinks Business – Mum-of-three makes it to UK Supermarket shelves

Mail Online – By Amy Andrew — A combination of red cabbage, Swiss chard, blueberries, apples and lemon might contain all the right nutrients for the perfect smoothie, but it will certainly get your taste buds tingli...



Growth In Remittances to Uganda – By Emma Research

According to a survey by Bank of Uganda and the Uganda Bureau of Statistics, Uganda received $910 million in remittances in 2012, 12% higher than the 2011’s $813 million. The $910 million received in transfers from ...


Ashish Thakkar | Survivor, Achiever, Entrepreneur and a Believer in Africa’s Future

The story of Ashish Thakkar is one of building and rebuilding, earning and giving back. He was just 13 when he and his family had to leave everything they had in Africa to escape the Rwandan genocide. But just a year later, res...






ugandan_diaspora_social_networking_event_2015_00