Energy & Mining
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Nigerian cooperatives urged to invest in power generation
ABUJA, January 8, 2024 – Cooperative societies in Lagos State in Nigeria have been urged to invest in the generation of power, and marketing among others after the enactment of the new…
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Bunyoro subjects advised to form cooperatives to benefit from oil and gas
HOIMA, December 14, 2023 – The subjects of Bunyoro Kitara Kingdom have been challenged to form cooperative societies if they want to benefit from the oil and gas sector. According to Charles…
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Teso urged to tap into oil exploration opportunities
NGORA, December 13, 2023 – President Yoweri Museveni has said the second oil exploration for Uganda will take place soon, the country having discovered, and is preparing to drill its first oil…
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AfDB approves US$ 696.41mln of financing for Burundi and Tanzania to build SGR
ABIDJAN, December 13, 2023– The African Development Bank [AfDB] has approved various financing structures valued at US$ 696.41 million for Burundi and Tanzania to start Phase II of the Joint Tanzania-Burundi-DR Congo…
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Uganda’s innovators win Commonwealth Sustainable Energy Transition Award
DUBAI, December 12, 2023 – Uganda’s Michael Okao, Darius Ogwang and Joshua Elem have won this year’s Commonwealth Sustainable Energy Transition Award for the best technical solution for their solar concentrator that…
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COP28: Africa could lose US$ 25bln per year as new EU carbon tax comes into effect, warns AfDB President
DUBAI, December 7, 2023 – African Development Bank [AfDB] President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalising…
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Electricity: Energy Ministry seeks Shs 128bln to connect homes
KAMPALA, December 6, 2023 – The Ministry of Energy and Minerals Development is seeking a supplementary budget of Shs 128 billion in the current financial year to connect 200,000 households across the…
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MPs urge govt to cut tax on cooking gas
KAMPALA, November 2023 – Legislators have asked for a revision of the import tax on cooking gas if government is to succeed in combating deforestation and charcoal burning in Uganda. Legislators said…
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Uganda’s September 2023 export earnings post 5.6 percent decline
KAMPALA, November 24, 2023 – According to the Ministry of Finance, Uganda shipped exports worth US$ 632.06 million in September 2023, a 5.6 percent decline when compared to US$ 669.88mln exported in…
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Bill granting UNOC monopoly over oil supply now awaits Museveni’s signature
KAMPALA, November 15, 2023 – Parliament has passed the Petroleum Supply (Amendment), Bill 2023, giving the Uganda National Oil Company [ UNOC ] the monopoly to import and supply all petroleum products…
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