Energy & Mining
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Bunyoro-Kitara Kingdom subjects warned against neglecting other sectors in favour of oil and gas
KIKUUBE – Subjects of Bunyoro-Kitara Kingdom have been warned against abandoning other sectors in favour of the nascent oil and gas sector whose activities could see Uganda produce its first oil in…
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Tilenga oil project: Gov’t gives PAPs one-month ultimatum to accept cash
BULIISA – Over 50 Project Affected Persons [PAPs] in Buliisa district who have not taken up their compensation have been given one-month ultimatum to take up the money and vacate the land…
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Register your businesses to benefit from oil & gas sector, Masindi locals told
MASINDI– Proprietors of small and medium enterprises [SMEs] in Masindi district have been advised to formalise their businesses if they are to benefit from the different oil & gas sector opportunities available…
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Govt to foot Shs 795.5bln bill as Umeme prepares exit
KAMPALA– Government will incur a cost of US$ 215 million [about Shs 795.5 billion] in the processing acquiring majority shares of power distributor, Umeme. The move comes as Umeme’s 20-year contract comes…
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West Nile leaders warn unreliable power could derail PDM
ARUA – Leaders in West Nile have warned that the intermittent power supply in the sub-region could derail the progress of the Parish Development Model [PDM]. The leaders raised the matter last…
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Govt commissions power transmission project in Northern Uganda
NWOYA – The Minister of Energy and Mineral Development, Ruth Nankabirwa has commissioned the Olwiyo substation and the 400KV Karuma-Olwiyo and 132KV Karuma-Lira transmission lines to boost power supply in the Greater…
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Businesses on verge of shutdown as irregular power supply takes toll on Arua City
ARUA – Several businesses in Arua City could soon close due to the power crisis that has hit the city for the last two weeks. The city has had an irregular power…
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Fuel stations back in business after losing out to smugglers
ARUA-Authorised fuel stations in Arua City are back in business after Uganda Revenue Authority [URA] intensified a crackdown on the illegal sale of smuggled fuel on the city streets. The last two…
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Hoima market vendors protest as UMEME cuts off power
HOIMA– Business at Hoima Central Market in Hoima City was paralysed on Tuesday as vendors closed their businesses to protest UMEME’s disconnection of the market from the power grid. During the half-day…
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How the Africa Energy Bank is Re-Writing the Frontier Investment Playbook
LAGOS, February 3, 2026 — While global exploration and production capital expenditure is set to reach US$ 504 billion in 2026, the upstream market is also entering a period of heightened discipline.…
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