Uganda Roundup: Incentives for startups, special message from Libya, improved cancer care

Uganda launches NINJA Accelerator to boost startups and innovation

The launch of the NINJA Accelerator Programme by the Uganda Ministry of Trade, in collaboration with Hindsight Ventures and JICA, marks a significant milestone in supporting growth-stage startups within the country. With ten startups selected from over 130 applicants across diverse industries, including FinTech and HealthTech, the programme presents an opportunity for these enterprises to expand their operations, which currently have monthly revenues ranging from USD 10,000 to USD 120,000. According to Tech in Africa, The programme boasts several key benefits such as customised technical support, market linkages, funding connections, and mentorship, enhancing the potential for these startups to thrive. A noteworthy feature of the initiative is the planned immersion tour to Nairobi, which aims to facilitate engagement with industry leaders and investors. This programme is pivotal to Uganda's overarching goal of escalating its economy from USD 50 billion to USD 500 billion by the year 2040, with a strong emphasis on innovation within the realms of mobile money and clean technology.

Cancer Institute unveils new measures to improve cancer care access in Uganda

The Uganda Cancer Institute (UCI) is taking proactive steps to improve accessibility to cancer care in the nation, addressing the pressing challenges of overcrowding and insufficient facilities. According to Chim Reports, The establishment of a new 350-bed specialised cancer hospital is anticipated to substantially enhance patient capacity and the effectiveness of treatment delivery. In conjunction with this, UCI is upgrading its radiotherapy services and prioritising the completion of a Multipurpose Building dedicated to Bone Marrow Transplant services and advanced care options. To bolster patient management, a new call centre has been initiated to facilitate appointment scheduling and provide guidance, thereby streamlining the flow of patients through the healthcare system. Additionally, UCI is spearheading the development of regional cancer care centres in Mbale, Mbarara, and Arua, significantly reducing the travel burden for patients seeking care. Dr. Jackson Orem, the Executive Director of UCI, has reaffirmed the institution's commitment to ensuring that all Ugandans have equitable access to high-quality cancer care.

Bobi Wine: I warned artists gov't would make them beggars

National Unity Platform leader Bobi Wine has publicly denounced Ugandan artists for their reliance on government financial support, which he argues detracts from their value and independence. His recent media commentary accuses certain artists of betraying their fanbase by cooperating with repressive systems. Bobi Wine particularly targeted Gen. Salim Saleh, alleging that he wields inappropriate control over the music industry without the requisite expertise. He has called on artists to champion systemic reforms that protect their rights, moving away from the dependency on financial aid that undermines their dignity. Furthermore, he reiterated the importance of advocating for a Copyright Bill to rectify issues plaguing the music sector, despite the apparent lack of interest from the artists. UMA President Cindy Sanyu also highlighted the necessity for artists to distance themselves from external influences and to adhere to organisational structures that promote sustainable growth within the industry, Nile Post reports.

Libya's leader sends special message to Museveni

President Yoweri Museveni of Uganda has received a special message from Libyan President Mohamed Al-Menfi, conveyed by Senior Political Advisor Dr. Khaled Kaim. Their subsequent meeting at Museveni's Rwakitura residence centred on bolstering bilateral cooperation across trade, investment, and other mutual interests, aiming to reinforce the relationship between Uganda and Libya, Soft Power reports.

MTN Uganda secures $100m loan for network expansion

MTN Uganda has successfully obtained a $100 million (370 billion shilling) syndicated loan dedicated to funding network expansion efforts. This loan, secured from a consortium of five banks, including well-known institutions such as Standard Chartered and Citibank, signifies robust lender confidence in MTN Uganda's growth trajectory. As the largest telecom company in Uganda, boasting approximately 21 million mobile subscribers, MTN Uganda operates as a subsidiary of South Africa’s MTN Group. The recent divestment of remaining shares from its 2021 initial public offering (IPO) while maintaining a substantial 76% ownership by the parent company further underlines the firm’s solid position in the market as reported by AL24 News.