A 28% Share in The Bujagali Hydropower Facility
The acquisition of 100% of Scatec’s subsidiary SN Power, which has interests in renewable hydropower projects in Africa, through a joint venture (51% SN Power) with Norfund and British International Investment (BII) was the result of an agreement between the French fuel giants and Scatec, a Norwegian renewable energy company.
Solar Energy Companies Are Guaranteed A 15% Interest Rate on Loans
All businesses and investors involved in the solar energy industry have been reassured by the Uganda Energy Credit Capitalization Company (UECCC) that UECCC has cash available for loans at a 15 percent interest rate.
Opportunities For Oil and Gas Could Turn Ugandan Smes into Industry Giants
Small and medium-sized businesses (SMEs) have a lot of opportunities as Uganda’s oil and gas industry develops.
Minister Of Energy Charges New PAU Board with Ensuring Oil Flow By 2025
The newly appointed Board of Directors of the Petroleum Authority of Uganda (PAU) has been given a crucial task by State Minister for Energy Okaasai Sidronius Opolot to ensure that the nation starts producing oil by 2025.
President Museveni Is Going to Open a New Fuel Supply Company in Entebbe
Uganda requested on July 7, 2024, that the Kenyan government reduce the $40 million (about sh147 billion) bond costs at an oil storage terminal it uses to transport petroleum goods from Mombasa to Kampala.
West Nile Industrialization Will Be Accelerated by Connection to The National Electricity Grid
Pakwach district officials have stated that industrialization will increase as a result of the West Nile region’s connection to the national electrical grid through the Karuma Hydropower project.
Vivo And UNOC Collaborate to Ensure an Oil Supply
Fuel firms are required by this strategic collaboration to acquire all of their fuel from UNOC, guaranteeing a uniform pricing structure and possibly stabilizing fuel prices nationwide.
UNOC Clarifies the Disparity in Mombasa’s Initial Diesel Imports
UNOC was permitted to discharge 80,000 Metric Tonnes of Diesel at the Mombasa Port on July 5, 2024, with 65,000MT going to Ugandan OMCs and the remaining 15,000MT to be used in August 2024, owing to increased demand from Ugandan OMCs.
UNOC And Oil Marketing Firms Agree on A Fuel Sales Agreement
Eighty licensed oil marketing organizations have signed sales and buy agreements with Uganda National Oil Company (UNOC).
Positioning Uganda at The Africa Energy Forum in Spain
The minister expressed her excitement about talking with industry executives on how to promote sustainable energy on the continent and how to increase the private sector’s involvement in Africa’s energy sector.