Fred Ojambo

Africa – Rising Investments, Rising Middle Class

Rising investments in Africa's service sector, the unlocking of its vast natural resources and the sound economic policies pursued by African countries in the last two decades are spurring the rise of the continent's middle class at a faster rate than population growth.

Nile Powers Uganda Slowly

Uganda is facing the unwelcome possibility of increased costs for building a projected 600-megawatt hydropower plant at the Karuma Falls, on the Victoria Nile, owing to construction delays.