US plans multi-million dollar investment to boost African innovation

The United States’ Prosper Africa initiative has announced plans to invest US$170-million – and increase US investment by US$2-billion – to boost African exports and infrastructure and mobilise private investment to accelerate African innovation. Prosper Africa is a US initiative to increase two-way trade and investment between African nations and the United States. Prosper Africa released a...

A new application programme expected to go live in December will enhance the monitory performance of regulators in the digital and financial space. Speaking during the launch of the Digital Frontiers Institute, a digital financial certification organisation in Kampala, Mr Twinemanzi Tumubweine, the Bank of Uganda executive director supervision, said the new programme will eliminate...

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