Uganda’s aspirations to become an oil-producing nation have long been in the making. With the discovery of commercial oil reserves in the Albertine Graben nearly two decades ago, the country embarked on a journey towards energy self-sufficiency and economic independence.…
In a significant move, Union Investment, one of the world’s top 20 global investors, has decided to remove TotalEnergies from its sustainable investment funds. This decision follows serious allegations related to human rights abuses linked to TotalEnergies’ East African Crude…
The Kenya Commercial Bank (KCB) Uganda has taken a significant step in supporting the growth and resilience of Uganda’s energy industry by unveiling two new products specifically designed for the oil and gas sector. The products, launched during the KCB…
In a significant milestone for Uganda and African women, Dr. Patricia Ojangole, the Managing Director of Uganda Development Bank (UDB), has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI). This appointment is a testament to Dr.…
Uganda Airlines is set to benefit significantly from a new partnership with the Nigerian government, UNDP (United Nations Development Programme) Nigeria, and Nigerian Airlines, after it launched a dedicated Nigeria-East and Southern Africa cargo route. This partnership, which was unveiled…
The Bank of Uganda (BOU) has unveiled its Strategic Plan 2022-2027, aimed at promoting macroeconomic stability, financial sector development, and sustainable, people-centred growth. According to Prof. Augustus Nuwagaba, the Deputy Governor of BOU, the Bank’s role goes beyond monetary policy…
In today’s connected world, having access to a smartphone is no longer a luxury but a necessity. However, according to Sylvia Mulinge, the Chief Executive Officer (CEO), MTN Uganda, access to a smartphone without the ability to use it is…
Key stakeholders from civil society, government, and the oil and gas sector have pledged to deepen cooperation and foster mutual understanding to advance best practices in business and human rights in Uganda’s extractive industry. The commitment was reaffirmed during the…
The launch of the 2025 Brand Africa 100 Awards marks a significant milestone in Africa’s journey to reshape its global image, elevating its economic power and cultural vibrancy on the world stage. Held at the historic Africa Hall, in Addis…
The symposium, themed “Contemporary Local, Regional, and Global Trends in the Agrochemical Industry,” brought together over 200 delegates from various stakeholders, including industry leaders, government officials, development partners, academia, civil society, and the media fraternity. According to Agnes Mbabazi, the…
The Uganda Development Bank (UDB) has signed a USD 30 million (about Shs109,412,100,000) line of credit agreement with the Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) Group. The agreement…
MTN Uganda has reaffirmed its commitment to accelerating Uganda’s digital transformation through strategic partnerships and technological innovation. The company, in partnership with the Ministry of ICT & National Guidance, hosted the MTN ICT Government Round Table at the Sheraton Kampala…
Uganda and China have signed a Memorandum of Understanding (MoU) to enhance technical exchange and collaboration on dam safety. The partnership was signed on the sidelines of the International Commission on Large Dams (ICOLD 2025) conference in Chengdu, China, between…
The Bank of Uganda has issued a stern warning to the public against using their National IDs as collateral for moneylenders. This warning was made during the Bank of Uganda Town Halls, a community outreach campaign aimed at fostering capacity…
The Uganda Civil Aviation Authority (UCCA), has taken a significant step towards enhancing aviation safety and protecting the country’s wildlife and tourism sector by constituting the National Committee on Wildlife Hazard Management. This committee, chaired by Mr. Fred Bamwesigye, the…