UGANDA

President Mobutu Sese Seko was said to have sipped pink champagne daily, hired Concorde to fly his family to New York to shop and bought numerous friends in high places, much of it with the help of foreign aid.

The East African Community member states and Rwanda have sought a loan from World Bank, under which the regional revenue authorities have designed sophisticated methods to boost revenue.

OIL giant Shell Uganda, has slashed pump prices for petrol at all its fuelling stations in the country by Shs50. A litre of petrol now costs Shs2,250 down from the previous Shs2,300 a price that has been ruling for the last two or so months.Mr Ivan Kyayonka, Shell's Country Manager on Friday attributed the price reduction to the decrease in oil prices on the international market.

Tanga Cement Company, says its future expansion will be expensive because of the extended power rationing and growing competition from imports from Uganda and Kenya.

Africa'S deepening engagement with Asia's two economic giants-China and India-holds enormous potential for economic growth in Africa, according to a new report by the World Bank, released September 9.

A consortium led by AMD launched their Personal Internet Computing (PIC) device on Friday in schools in Uganda in accordance with the group's 50X15 Initiative, which plans to bring Internet access to 50 percent of the world's population by 2015.

Trading with South Africa was unheard of under Apartheid. But 15 years on, the nation has become an economic force.

Chinese Premier Wen Jiabao recently ended a seven nation tour of Africa on June 25 in a bid to improve economic, social and diplomatic ties between China and Africa.