In a high-level engagement that signals a new era of cooperation between traditional leadership and national industry, Buganda Kingdom has today hosted a delegation from the Uganda National Oil Company (UNOC) and the Ministry of Energy and Mineral Development (MEMD).…
Spiro, the leading two-wheel electric mobility in Africa, has cemented its position at the forefront of the continent’s clean energy transition by announcing a landmark $100 million (about Shs348.7 Bn) investment round from Afreximbank. This funding, the largest ever for…
Uganda is rapidly advancing its position as a significant player in the global gold market, driven by an ambitious strategy to expand domestic gold production and increase value-added activities. This ambitious agenda received a substantial boost with the official commissioning…
The Uganda Securities Exchange (USE) has warned investors against investing money in Umeme’s shares at a time when the company is reporting losses for the financial year 2023 A statement issued by the USE regarding this matter reads in part,…
The Uganda Electricity Distribution Company Limited (UEDCL), the entity that took over from Umeme in April this year as the national power supplier, has reaffirmed its commitment to expanding electricity access across the country. This was revealed during a stakeholder…
In a fresh twist of events, the Auditor General, Edward Akol, has revised the figure for the Umeme buyout from the earlier estimated Shs700.218 billion to Sh432.677 billion, a move that’s bound to spark controversy. The Speaker of Parliament Rt. Hon.…
In a significant move towards promoting clean energy, Uganda’s Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa, launched the country’s first electronic vehicle (EV) charging station. Nankabirwa said during the launch that this milestone marks a crucial step in…
As the world grapples with the challenges of climate change, energy security, and sustainable development, the role of petroleum resources in the energy mix has become increasingly important. That is the overriding theme at the 11th East African Petroleum Conference…
Partnerships are vital in the development of Uganda’s oil and gas sector. This was highlighted by the Minister for Energy and Mineral Development, Ruth Nankabirwa, at the 11th East African Petroleum Conference and Exhibition 2025, held at Nyerere International Convention…