MOBILE MONEY IN UGANDA TO ATTRACT DEBT INVESTORS

Posted on February 13, 2019 by Gambeta News

Uganda’s mobile money platform will help attract debt investors.

Uganda is planning to use mobile money platforms to sell government securities to its citizens. The government said the mobile money platform will help reduce the dependence on commercial banks and institutional investors for funding.

The Ugandan government also believes the …

ETHIOPIA TO BECOME AFRICA’S FASTEST GROWING ECONOMY

Posted on April 19, 2018April 19, 2018 by Gambeta News

Ethiopia to become 2018 Africa’s fastest growing economy.

Latest IMF forecasts reveals that Ethiopia will overtake Ghana as the fastest growing economy in 2018. Bretton Woods institution data shows that Ethiopia will record an 8.5 percent growth rate. This will eventually surpass Ghana’s 6.3 percent growth rate.

According IMF, entry …

AFREXIMBANK TO BOOST AFRICA’S AVIATION INFRASTRUCTURE

Posted on April 18, 2018April 18, 2018 by Gambeta News

Afreximbank pledges to support Africa’s Aviation sector

The African Export-Import Bank (Afreximbank) in partnership with the Russian Export Center (REC), embarked on a five-day roadshow. The road show took place in Nairobi, Kenya, through Kampala, Lagos, Abuja and Bamako. This event is part of efforts of the organizing bodies to …