Business
Latest Update On Ugandan Economy
Uganda has made strides in reducing its trade deficits, due to a recovery in the coffee industry, with Arabica coffee showing strong performances. »
Solar Ovens To Launch Next Year in Uganda Through Diaspora Business
After winning a $100,00 grant in the African Diaspora Marketplace, Ronald Mutebi is launching a solar oven manufacturing plant in Uganda. Next year, solar ovens will appear in the Ugandan market at affordable prices, and require no firewood or charcoal. Mutebi hopes the solar ovens can fight deforestation in Uganda, and save... »
Shilling Strengthens Slightly Against Dollar, Could Weaken
Money from the diaspora for the holidays helped strengthen the shilling slightly this week, but telecom and manufacturing companies purchasing dollars in Uganda this week pushed back against the shilling. »
Diaspora Business Summit in Kampala: December 29-30
The end-of-the-year Diaspora Business Summit in Kampala will focus on leveraging the skills and resources of Ugandans living abroad for their country's national economic development. »
Shilling Flat Against Dollar, Diaspora May Help Strengthen Shilling
This week, the Ugandan shilling finished flat against the dollar, and weakened against the British pound. Traders hope that year-end remittances from Ugandans in the diaspora might weaken the dollar, and help the Ugandan shilling make some gains. »
The Ugandan Market: Remittances and the Mobile Revolution
Ugandans Abroad had an illuminating conversation with Karen Jordaan, the South Africa-based regional director for Southern and Eastern Africa at Western Union. She shared with us many interesting tidbits about how the Ugandan diaspora serves their mother country from abroad. »
New Wave of Liberian Women Graduate From 10,000 Women
26 of our sisters in Liberia graduated last week from a high-quality business and management program run by the Goldman Sachs Foundation and CHF International. With the formal unemployment rate in Liberia more than 80 percent, investing in female entrepreneurs is crucial. »
A New Fast-Ferry System For Lake Victoria, Pioneered By African Diaspora
A entrepreneur in the African diaspora and his Ugandan business partner plan to launch a fast-ferry transportation system on Lake Victoria this month. »
New Cell Phone Software Could Open Up East African Marketplace
Tanzanian expatriate Raymond Rugemalira hopes to use an African Diaspora Marketplace grant to launch a cell phone software called Uza-Mazao that will turn East African markets into genuinely open and fair markets, to the benefits of buyers, sellers, and governments. »
Why Does The Diaspora Invest Back Home?
A survey by George Washington University showed that a sense of personal duty, and a desire to increase one's self-pride, are major reasons that the African diaspora invest back home. »
