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.
The Zengebe-Namasale Ferry Service Is Back in Operation
The MV Kyoga 2, which travels the Zengebe-Namasale route, has its services back, according to the Uganda National Roads Authority (UNRA). It’s one of the two ferries that were recently suspended on Lake Kyoga. On Tuesday, July 30, 2024, UNRA said, “MV Kyoga 2 will resume full-scale operations tomorrow, July 31, 2024, following successful sea […]
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.
October Will See the Start of Katonga Bridge Construction
Minister of Works and Transport, work on a new bridge over the River Katonga on the Kampala-Masaka Highway would start in October of this year.
The First Uganda Developers Summit Has Come to An End
The first-ever Uganda Developers Summit, or UG Dev Summit, concluded on Friday and made a lasting impression on the nation’s IT scene.
President Museveni Opens the Lake Victoria Logistics Complex
Lake Victoria Logistics was established today by President Yoweri Kaguta Museveni with the goal of bringing down the price of gasoline transportation in Uganda.
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.