Kampala News

Africa property offers rich pickings for the brave

Africa property offers rich pickings for the brave

Some property pundits believe there are major opportunities for investors or companies on the continent.

Nairobi is one of the continent’s centers of startup activity.

The future of tech is in 'cities across Africa,' says this start-up CEO

Silicon Valley’s days leading the tech revolution may be coming to an end, according to one optimistic observer who believes the future of technology lies much further abroad than San Francisco.

Andile Ngcaba, Chairman, Convergence Partners

Convergence Partners, Google and the IFC commit $100 million to pan-African wholesale broadband provider CSquared

Convergence Partners recently signed an agreement with Google, the International Finance Corporation (IFC) and Mitsui & Co., Ltd. (Mitsui) to invest in CSquared, a broadband infrastructure company headquartered in Nairobi, Kenya.

XSML Capital announces final close of African Rivers Fund at $50 million

XSML Capital announces final close of African Rivers Fund at $50 million

XSML Capital, the fund manager active in Central & East Africa, last week announced its final close of the African Rivers Fund at $50 million.

EXEO Capital's Sub-Saharan Africa agribusiness Agri-Vie Fund II attracts over $100M in first close

EXEO Capital's agribusiness Agri-Vie Fund II attracts over $100M in first close

EXEO Capital, the pan-African private equity investment firm, has announced the first close of the second Agri-Vie Fund, focused on the food and agribusiness sector in Sub-Saharan Africa.

Kenya's Little Cab app is set to take on Uber in Uganda and Nigeria

Safaricom's Little Cab, Kenya's Uber rival, is launching in Nigeria and Uganda

Little Cab, the ride-hailing app backed by telecoms operator Safaricom, is slowly giving Uber a run for its money in Kenya.

Buffalo Mall, Naivasha, Kenya

East Africa's second-tier cities hold untapped potential

Retail in Kenya is dominated by informal sellers, but recent years have seen a boom in modern trade, with home-grown supermarket chains expanding their footprint and international brands (such as Carrefour and Massmart’s Game banner) entering the market.

Joseph Kitamirike, CEO, ALTX Africa Group

ALTX Africa targets small investors with new Uganda exchange

ALTX Africa launched a new financial exchange in Uganda on Wednesday that will allow investors to trade in small lots, boosting access to financial markets, its chief executive said.

UberEverything will have to get round logistics difficulties in cities like Lagos. (AP Photo/Sunday Alamba)

Uber Africa will diversify beyond car rides this year with its UberEverything service

Having nearly perfected the business of moving people around on the continent, Uber is set to diversify the core of its business in sub Saharan Africa with the introduction of UberEverything.

With Kenya's Safaricom, Uber will face a rival it won't be able to beat so easily

With Kenya's Safaricom, Uber will face a rival it won't be able to beat so easily

In Africa, local taxi companies and startups have been working hard to compete with Uber but the ride hailing company has managed to outmaneuver most of them.

Kenya vs. Tanzania: The race to build Sub-Saharan Africa's largest port. Credit: bbc.com

Kenya vs. Tanzania: The race to build Sub-Saharan Africa's largest port

Kenya and Tanzania have long competed to have the most important port in East Africa and their rivalry is about to become more intense as they compete for the region’s business.

Alon Lits, General Manager, Sub-Saharan Africa, Uber

Uber to launch in Ghana, Uganda and Tanzania within a month

Alon Lits, General Manager, Sub-Saharan Africa, Uber Ride-hailing company Uber said Thursday that it plans to start operating in the capitals of…

Kenya signs $5.42B railway extension deal with Chinese firm

Kenya signs $5.42B railway extension deal with Chinese firm

Kenya recently signed a multi-billion dollar agreement with China Communications Construction Company (CCCC) to extend the country’s rail network, adding to a swathe of infrastructure deals in Africa won by Chinese firms.

Shop Africa 2016: Knight Frank

Shop Africa 2016 (Report & Infographics): Knight Frank

Sub-Saharan Africa is experiencing a wave of modern shopping mall development. The retail sector has become a major focus for development activity in recent years, as investors have been attracted by the growth potential of African consumer markets.

Two Rivers - Kenya

Check out these four mega mall developments soon to be launched in Africa (Photos & Videos)

It’s one of the clearest expressions of the growing middle class in many African countries — a burgeoning demand for shopping malls, each more lavish than the one before.

Nancy Kacungira, Co-Founder, Blu Flamingo

"Africa Rising" or not? Change the narrative on Africa to a dialogue: Nancy Kacungira at TEDxEuston (Video)

“Africa Rising” is a moniker for the continent that has been in vogue recently. Africa has even been referred to recently as the “Hopeful Continent”.

Aubrey Hruby, Co-Founder, Africa Expert Network (AXN)

China's slowdown - An opportunity for Africa to address longstanding economic inefficiencies: Aubrey Hruby, Co-Founder, Africa Expert Network

According to the IMF, a 1 percentage point decrease in China’s investment growth is associated with an average 0.6 percentage point decrease in Africa’s export growth rate.

A Java House location

Kenyan coffee chain Java House plans to open outlets across Africa

Kenya’s Java House has 36 coffee houses and restaurants and plans to open outlets across Africa in the next five years to capitalise on rising consumer spending, its chief executive said.

Africa has its luxury hotels, but not enough places for the mid-range traveler. (AP Photo/Ben Curtis)

Why Africa is a perfect market for Airbnb

Airbnb has ambitious plans for Africa, as its CEO, Brian Chesky, announced in Johannesburg on July 27.

Africa is the new China

Africa is the new China: Here is why you should care

Apart from the fact that one is a continent and the other a country, Africa is the new China. This seems like an odd idea at first. After all, China has a booming economy, and African countries are poverty-stricken, politically volatile, and unjustifiable business risks. Right? Wrong.

Into Africa - The continent’s Cities of Opportunity - PwC

Into Africa: The continent’s Cities of Opportunity - PwC (Video, Presentation, and Report)

Megatrends are colliding across Africa. The growing middle class, the strong demographic growth with improving age mix, the technological innovation that we have already seen in mobile payments for example, growing choice of investment partners from the global south and fast-paced urbanization are shaping what the future of Africa could look like.

Innovation Africa

Developing African skills for the 21st century: AfricanBrains presents “Innovation Africa 2015” on 30 Sept – 2 Oct 2015 in Kampala, Uganda

Africa’s leading high level summit for education and innovation returns for its fifth year in 2015 and will take place in Kampala, under the patronage of the Government of Uganda, hosted by Hon Jessica Alupo, Minister of Education & Sports.

Konza Techno City (Illustration)

Here are seven of Africa's largest infrastructure projects currently under construction (Photos)

Photos of seven of Africa’s largest infrastructure projects currently under construction.

Maria Kiwanuka, Minister of Finance, Uganda

African Women To Watch: Finance (Video)

Women make up more than half of the workforce in financial institutions globally. However, only 19% are in senior positions, a mere 14% hold board seats, and just 2% are CEOs, according to a 2013 study by PwC.

Retail in Africa

Africa set to be the new retail mecca

International retail brands say Africa’s retail growth is expected to more than double over the next five years and the continent will become the new international retail melting point.

Paul Muthaura, Acting CEO, Kenya's Capital Markets Authority

East Africa Targets Cross-Border Debt Sales to Fund New Railways

The East African Community plans to allow bond sales across four markets in the bloc as investors look to fund projects such as railways that will link up the region.

Cape Town, South Africa

Top property markets in Africa

Which African countries have the best opportunity for property investors?

Jason Njoku, Founder & CEO, iROKOtv

East Africa is super-attractive for Internet TV: Jason Njoku, Founder & CEO, iROKOtv

Once upon a time I believed Lagos, Nigeria was the centre of the [Africa] universe.

Disruptive: Ashish Thakkar wants to shake up African banking but disagrees with criticism of his partner, Bob Diamond

Ashish Thakkar: Bob Diamond's African partner in banking

When he was 15 years old, Ashish Thakkar told his parents that he wanted to leave his school in Uganda to build a business.

Larry Seruma, Managing Principal & Chief Investment Officer, Nile Capital Management

Main street invests in Africa’s stocks: Nile Fund’s Larry Seruma on the continent’s modernizing equity markets

Getting in on Africa’s economic boom is no longer reserved for CEOs or million dollar entrepreneurs.