Energy & Mining
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US$ 17bln in commitments and new deals drive African energy investment
CAPE TOWN, October 25, 2026 — African Energy Week [AEW] 2026 concluded in Cape Town after five days of dealmaking, licensing announcements and project updates aimed at accelerating investment across Africa’s energy…
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EBRD and Scatec ASA support large-scale renewable energy in SEMED region
CAIRO, October 24, 2026 — The European Bank for Reconstruction and Development [ EBRD ] is supporting the development of large-scale renewable energy and battery storage in Egypt to strengthen the country’s…
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Uganda targets 20,000MW electricity capacity, seeks EU investment
KAMPALA, October 21, 2026 — Uganda is targeting electricity generation capacity of 20,000 megawatts [MW] by 2040 as the government seeks increased investment from the European Union [EU] to expand renewable energy…
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AFC to launch mineral exploration fund to boost Africa’s reserve sovereignty
CAPTE TOWN, October 19, 2026 — Multilateral pan-African financial institution Africa Finance Corporation [AFC] has announced plans to launch a dedicated exploration development investment company within the next 12 months, aiming to…
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Uganda, other mining nations push local mineral processing at AMW 2026
CAPE TOWN, October 17, 2026 — Uganda is positioning itself as a regional hub for mineral processing, offering neighbouring countries access to its gold-refining facilities while expanding domestic processing of iron ore,…
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Uganda reaffirms first oil timeline, eyes refinery completion by 2030
CAPE TOWN, October 17, 2026 — Uganda is on track to begin commercial oil production by June 2027, with first exports expected to follow through the East African Crude Oil Pipeline [EACOP],…
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Africa Energy Bank to begin financing gas projects in early 2027, APPO says
CAPE TOWN, October 15, 2026 — The Africa Energy Bank [AEB] will become operational within weeks and begin financing projects at the start of 2027, Farid Ghezali, Secretary-General of the African Petroleum…
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Speaker halts charcoal trade ban in Uganda pending gov’t statement
KAMPALA, October 14, 2026 — Parliament has moved to halt enforcement of the charcoal trade ban in parts of Uganda pending a statement from the Minister of Energy and Mineral Development on…
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MPs raise alarm over falling shilling, escalating fuel costs
KAMPALA, October 7, 2026 — The Leader of the Opposition, Joel Ssenyonyi, has raised concern over the continued depreciation of the Ugandan shilling against the US dollar, warning that the weakening currency…
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UEDCL invests Shs 240mln to improve electricity supply in Butebo
BUTEBO, October 6 2026 — Residents, businesses and public institutions in Butebo district are set to benefit from improved electricity supply following the commissioning of power distribution projects worth more than Shs…
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