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Uganda’s oil Production to Boost Growth to 10.8% in 2025

THE IMF has forecast that Uganda’s economy will experience rapid growth, reaching 10.8 percent in the 2025/2026 financial year, thanks to the start of commercial crude oil production. This significant boost follows a projected growth of 6.2 percent for the previous fiscal period, indicating a major uplift driven by the country’s …

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Liquid Intelligent Technologies Launches New Cybersecurity Solution

  LIQUID Intelligent Technologies, a leading African tech firm under Cassava Technologies, has unveiled a new cybersecurity solution aimed at strengthening its Cyber Security Fusion Centres (CSFC). The new offering will enhance the company’s existing cloud security services by incorporating features such as asset management, risk remediation, patch management, and …

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Guinea-Bissau President Embalo Declines Second Term Bid

  GUINEA-BISSAU’S President, Umaro Cissoko Embalo, has announced that he will not seek a second term in the upcoming November elections, a decision that has caught many by surprise and raised concerns over the potential for political instability in the country. Embalo, 51, who was elected in January 2020 with …

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Gambian in The Running For Top Commonwealth Post

MY relentless commitment to serving humanity in the past 30 years has taught me useful lessons of values that preserve human dignity, which the Commonwealth of Nations was created to champion. The relevance of the Commonwealth continues to re-commit individuals, groups, associations and civil societies around the world to redouble …

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US Backs Two Permanent UN Security Council Seats for Africa

THE United States has announced its support for the creation of two permanent seats on the United Nations Security Council for African nations, along with a rotating seat for small island developing states. US Ambassador to the UN, Linda Thomas-Greenfield, will make the announcement on Thursday, signalling Washington’s commitment to …

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Op-Ed: A Single African Currency: Key to Economic Growth and Unity

  THE vision of a single African currency has long been a cornerstone of the African Union’s Agenda 2063, representing the aspiration for deeper economic integration and enhanced unity across the continent. As Africa continues to experience economic fragmentation, the idea of a unified currency presents a compelling solution to the …

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BREAKING: Armed men kill 11 soldiers police in ambush

Armed men have killed no fewer than 11 soldiers and policemen in an ambush in Zamfara State. The security men were in a convoy of construction workers being protected from bandits when the same armed men attacked and kill them The incidence took place on Thursday some 24 hours after …

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Tinubu Meets King Charles in London

President Bola Tinubu met with British monarch King Charles III at Buckingham Palace in London, the United Kingdom. The Royal Family disclosed this via a post on X on Thursday, September 12, 2024. The Royal Family disclosed that Tinubu met with King Charles in the UK on Wednesday, September 11. …

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Equity Market Reverses Gain by 0.09%

The equity market, on Wednesday, reversed its previous session’s gain by 0.09 per cent leading to N50 billion loss for investors. Selloffs in Guaranty Trust Holding Company (GTCO), Oando Plc, Transnational Corporation, Julius Berger, among others declined stocks, pulled the market performance down. Specifically,the market capitalisation shed, from an opening …

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