Category : Investments


Kapeeka: From war auditorium to flourishing industrial epicenter, thanks to Chinese Investments.

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June 15th, 2021

By Herbert Kamoga. About 36 years old in 1981, Yoweri Museveni the current president of the republic of Uganda had ambitions of leading Uganda. He couldn’t realize his dream through a democratic process because he had trailed in the 1980 presidential elections. With a strong conviction that the person declared winner, Dr. Apolo Milton Obote […]

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Sino-Africa Skepticism and “Debt Trap” Talk Lack Facts: Critics Are Wrong.

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May 25th, 2021

By Allawi Ssemanda China’s funded Belt and Road Initiative (BRI) – a project that will bring easy connections to countries of East-Asia, Africa, Europe, Middle East, China and the America’s has been viewed by critics of Sino-Africa relations with geopolitical lenses with frames insinuating that China imitated the project with hidden agenda. However, analysis and […]

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China and Rwanda Sign $60million Grant, Agree 6million $6 million Debt Cancellation.

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February 26th, 2021

By Lavie Mutanganshuro, Kigali. The Government of Rwanda and the People’s Republic of China on February 19 signed an economic and technical cooperation agreement for a grant worth RMB Yuan 400 million (approximately U$ 60 million). At the same ceremony, both countries signed a debt cancellation agreement worth RMB Yuan 40 million-an equivalent of US$ 6 million. […]

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Seven Years of China’s Belt and Road Initiative: How are Developing Countries Benefiting?

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October 16th, 2020

By Ssemanda Allawi. In 2013 – seven years ago, Chinese president Xi Jinping gave a set of speeches where he announced the proposal of the now famous Belt Road Initiative (BRI). Xi delivered the first speech about BRI during his visit in Kazakhstan, elaborating his desire and vision of restoring the ancient silk road which […]

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Uganda exports 1st batch of locally made smartphones to North Africa

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May 30th, 2020

Uganda has flagged off the exportation of its first batch of locally made mobile phones, to Morocco. The five-million U.S dollar firm, SIMI which is under Chinese electronics company Engo Holdings Group Limited, was launched by president Yoweri Museveni in November last year to manufacture phones and laptop computers under the country’s program of supporting […]

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Face masks making factory launched in Uganda

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May 29th, 2020

Uganda has launched two production lines of facemasks factory, a development that will greatly help the country’s efforts in fighting against Covid-19 pandemic.   LIDA Packaging, a Chinese owned factory located in Mbalala Mukono with production capacity of 560,000 masks per day is currently employing 315 Ugandan youth. Commissioning the factory, president Museveni noted that […]

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