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Bank of Uganda Strategic efforts in inflation management, interest rate stabilization, and infrastructure investment formed the backbone of the country’s economic resilience Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic performance in 2024 highlighted its ability to navigate global and domestic challenges while leveraging opportunities to bolster growth. Strategic efforts in inflation management, interest rate stabilization, and infrastructure investment formed the backbone of the country’s economic resilience. These measures underscored Uganda’s commitment to sustaining momentum in an evolving economic landscape. Key sectors, including agriculture, services, and mining, were instrumental in driving this progress, offering a roadmap for future policy and strategic investments. As the country positions itself for sustained growth, its achievements in 2024 offer valuable lessons and direction for navigating modern economic complexities. Inflation management Inflation stood as a defining theme in Uganda’s economic narrative in 2024. Despite external shocks and domestic pressures, inflation rates were successfully contained, remaining below...

Luanda — The third and final day of US President Joe Biden’s visit was the highlight of his participation in Benguela in the Multilateral Summit on the Lobito Corridor, with his counterparts João Lourenço (Angola), Félix Tshisekedi (DRC), Hakainde Hichilema (Zambia) and the Vice President of Tanzania, Philip Mpango. The day was also marked by the visit of the statesmen to the Multipurpose Terminal of the Port of Lobito, in Benguela, where they witnessed the arrival of a train operated by the Lobito Atlantic Railway (LAR), carrying copper from the Democratic Republic of Congo. The copper was then loaded onto a ship bound for New Orleans, in the United States, once again highlighting the strategic role of the Lobito Corridor in connecting southern Africa and international markets. Upon his arrival, at Paulo Teixeira Jorge International Airport, Joe Biden received welcome greetings, at the door of President João Lourenço’s ‘Air Force...

Lors du Conseil des ministres tenu ce jeudi à Lomé, le gouvernement a examiné et adopté un décret visant à réaménager le calendrier électoral et à reporter la date des élections sénatoriales. D’après le communiqué publié à l’issue de cette réunion, « ce décret fait suite à la demande formulée par le Cadre permanent de concertation (CPC) tendant au report de la date limite de dépôt des candidatures pour les élections sénatoriales, et de la date du scrutin, en vue de permettre aux acteurs politiques de mieux s’organiser pour participer à ces élections qui se tiennent pour la première fois dans notre pays. » Cette proposition, validée par le Conseil des ministres après consultation de la Commission électorale nationale indépendante, a conduit à l’adoption officielle du décret portant réaménagement du calendrier électoral et report de la date des élections sénatoriales. Pour l’heure,...