Mr. Karamagi said that the market is aimed at bringing together manufacturers, distributors, wholesalers, retailers and consumers from all over the East African region, including Uganda, Kenya, Tanzania, Rwanda, Burundi, Southern Sudan and Western Part of the Democratic Republic of Congo.

Military installations, bases and barracks across the country will in the near future be solely powered by solar energy, saving the Ministry of Defence billions of shillings spent annually on paying electricity bills.

In Uganda, the 10th annual Tourism Sector Review Conference realizes 7.4% growth in tourist arrivals, attributed to gorilla tourism

The Uganda National Roads Authority (UNRA) has awarded a consortium of Chinese companies a contract for construction of the US $146m Mpigi-Busega expressway in Kampala.

Gateway Delta Development Holdings, a Mauritius-based real estate developer, plans to invest $20 million to redevelop Metroplex Mall within the next year after acquiring it from its current owner.

Yield Uganda Investment Fund has launched a Shs 34 billion investment fund for agribusinesses in Uganda, a further boost for a sector that does not attract much financing.

Construction works of Terrewode Women’s Community Hospital in Uganda has been completed. Ms Alice Emasu Seruyange, the founder and executive director of TERREWODE announced the reports and said that the hospital is meant to benefit obstetric fistula patients in the country.

A new round of competitive bidding for oil exploration licenses for the Albertine Graben is slated for early next month.

As Uganda prepares for the development and production phases of the oil sector with expected investments worth $20b (Shs74 trillion) over the next five years, local service providers are upbeat, planning on how they will share into the multi-billion cash.

Hoima. A new sugar factory worth $6m (Shs22b) is expected to be commissioned before the end of this year in Hoima District. The factory - Bwendero Sugar Factory – which is owned by businessman John Fitzergerald Magara, will be the 13th in Uganda with an installed cane-crushing capacity of 1,000 metric tonnes per day.