Energy & Mining
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Uganda launches pilot phase of Okusevinga Money Market Trust Scheme to widen investment access
KAMPALA, December 18, 2025 — The Finance ministry, in partnership with the Bank of Uganda [BoU], has launched the pilot phase of the Okusevinga Money Market Unit Trust Scheme, a new government-backed…
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UEDCL secures Shs 190bln Loan from Absa Bank to upgrade electricity distribution network
KAMPALA, December 15, 2025 — The Uganda Electricity Distribution Company Limited [UEDCL]has secured a loan worth US$ 50 million [approximately Shs 190 billion] from Absa Bank Uganda to finance the upgrade and…
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African Development Bank approves US$ 10mln to catalyse Namibia’s large green hydrogen project
PRETORIA, December 14, 2025 — The African Development Bank’s Board of Directors has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company, to support a green…
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Excitement as school dropout mothers gain vocational skills
KIKUUBE, December 1, 2025— More than 350 young people, mainly young mothers who dropped out of school due to their parents’ financial constraints in Kikuube district, now have reason to smile after…
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Uganda fetches Shs 530.2bln from extractive sector as EITI Report is submitted to Oslo
KAMPALA, November 30, 2025— The Uganda Extractive Industries Transparency Initiative [UGEITI] recently launched its Fourth EITI Report, which covers the period 1 July 2022 to 30 June, 2023. The report was officially launched by the…
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A Blueprint for Energy Access: Empowering Africa through Innovation and Investment
JOHANNESBUR, November 29, 2025 — A few generations ago in America, grandparents often reminded children how fortunate they were by recalling stories of walking miles to school or doing homework by candlelight.…
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Africa G20 Declaration: Let African Fossil Fuels Power Our Industrial Future
KAMPALA, November 25-2025 — As the G20 convenes in Johannesburg, the African Energy Chamber [AEC] calls for a fundamental reorientation of global energy policy – one that places African fossil fuels at…
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Uganda’s recoverable oil reserves rise to 1.65bln barrels
KAMPALA, November 24, 2025 — Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda…
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Africa’s Clean Cooking Drive Hinges on Carbon-Credit Reform, Transport Upgrades
KAMPALA, November 24, 2025 — Africa’s long-delayed transition to clean cooking will fail without a serious overhaul of how the continent finances, transports and regulates LPG, senior executives said during a high-level…
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G20 African Energy Investment Forum Set to Shape Africa’s Investment Agenda
JOHANNESBURG, November 21, 2025 — The G20 African Energy Investment Forum – hosted by the African Energy Chamber [AEC] – is set to play a defining role in shaping Africa’s energy investment…
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