LG Strengthens Presence in Uganda as Demand for Home Appliances Surges
LG Electronics East Africa has reaffirmed its commitment to the Ugandan market through a strategic expansion aimed at meeting the country’s rapidly growing demand for home appliances and consumer electronics. The expansion is being implemented in partnership with LG’s sole Ugandan distributor, Appliance World Limited (AWL). This move comes at
FANTA Introduces New Pineapple Flavour in Uganda
A new FANTA® flavour is adding a burst of deliciousness to the brand’s portfolio in Uganda with the launch of FANTA® Pineapple. This bolder, fruitier tasting beverage brings a splash of playfulness, fun, and refreshing enjoyment to fans across the country. Set to tantalise taste buds with its vibrant twist,
UDB secures Shs 103 billion to boost economic growth
The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) Group, has successfully disbursed a USD 30 Million (Shs 103.9 billion) financing facility to Uganda Development Bank Limited (UDBL) in Uganda. This strategic facility marks ICD’s first Line of Finance transaction in
French Embassy, Stanbic partner to train start-ups for green economy
The Stanbic Business Incubator Limited (SBIL) has signed a new grant agreement with the Embassy of France in Uganda to finance the Green Tech Incubator and Accelerator for Entrepreneurship Program. The program, which targets the youth and women in the Kampala Metropolitan Area and the Albertine Region, aims to promote
KFC to Reveal Its Secret Recipe in Historic Move
In a stunning move that has sent shockwaves through the quick-service restaurant industry, KFC Africa has announced it will do the unthinkable reveal its legendary secret recipe. Long guarded with near-mythical secrecy, the recipe has been one of the world’s most closely held corporate secrets, with only a few individuals
Uganda Baati to Showcase Trusted Building Solutions at UMA Trade Fair
Uganda Baati Limited has confirmed its participation in the 31st Uganda International Trade Fair, set to take place from October 2 to 12, 2025, at the UMA Show Grounds in Lugogo. Organized by the Uganda Manufacturers Association (UMA), the trade fair is one of the country’s largest exhibitions, attracting over
Diamond Trust Bank exits Burundi market after sale of stake
The Board of Directors of Diamond Trust Bank Kenya (DTB) has announced plans to sell its 83.67% stake in DTB Burundi to a consortium of primarily Burundian investors, including the bank’s existing minority shareholder, following the signing of a conditional sale and purchase agreement. According to DTB, the transaction serves
Jetour DASHING, X70 Plus to Transform Uganda’s SUV Market
Jetour Group, has entered the Ugandan market with the launch of two dynamic SUV models, the Jetour DASHING and Jetour X70 Plus. The brand’s local debut is in partnership with Al Mamoun East Africa, a company renowned for its strategic investments across Sudan, South Sudan, the UAE, and other markets.
A Splash of Pineapple Fun Hits Uganda: Introducing the Newest FANTA Flavour
FANTA has unveiled latest tropical sensation FANTA Pineapple, a bold and refreshing twist designed bring a splash of joy to everyday moments. Unveiled at Nakawa Market, revelers were treated to love and fanfare. The Bright, playful, and irresistibly fruity, new flavour promises to elevate the FANTA experience to a whole new level. Now available
Pesapal and Pezesha Launch Data-Driven Credit Pilot for Ugandan SMEs
Pesapal Uganda has announced a strategic partnership with fintech company Pezesha to pilot a data-driven credit facility for small and medium-sized enterprises (SMEs) in Uganda. The initiative is part of Pesapal’s broader commitment to advancing financial inclusion, especially at a time when nearly 60% of Ugandan adults lack access to
