Business

British colonialists would travel from the countryside to watch planes take off in Nairobi. Back in 1945, then British territory and Colonial Office had set up the East African Airways Corp. with a budget of just 50,000 pounds. Flight technology was new and exciting an elite toy operated by the colonial overlords of Kenya, Uganda and Tanganyika, now Tanzania. Check ...

Africa’s richest man, Aliko Dangote has made a bid for a majority stake in automaker Peugeot Automobile Nigeria (PAN) Limited. Nasir El-Rufai, the Governor of Nigeria’s Kaduna state, told journalists on Thursday that Dangote is a key member of a consortium that has applied to acquire the majority stake in the company which is currently owned by Nigeria’s state-backed “bad ...

Kenya Railway is in talks about funding for the remaining stretch of the standard-gauge railway that will link the port of Mombasa to Uganda and plans to start work on a link between the capital, Nairobi, and the western town of Naivasha by December. Check also: Kenya to Host Major U.N Conference on Trade And Development Summit in July 2016 ...

ADVERTISE IN UGANDA’S BEST MAGAZINE Advertise in Uganda’s best magazine, Volume 2 of Newslex Super Magazine is coming soon. ABOUT NEWSLEX SUPER MAGAZINE The magazine is produced on a quarterly basis (i.e., 4 times per calendar year). Each issue has a MINIMUM of 40 pages, printed in FULL PROCESS COLOR, on white gloss magazine paper. Each issue does not exceed ...

The west African country, Cote d’Ivoire has jumped ahead of Nigeria to the top position of Nielsen’s second Africa Prospects Indicators (APi) report, or prospect for investors in Africa based on favorable economic growth and stable inflation climate in the country.[5] Check also: Ghana in plans to make travel in Africa easier for Africans The report aims to give a comparative ...