Electricity
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News
Uganda’s exports rise 24.3 percent despite decline in coffee earnings
KAMPALA, June 19, 2026 — Uganda’s merchandise exports registered strong growth over the past year, increasing by 24.3 per cent to reach US$ 1.40 billion in April 2026, up from US$ 1.13bln…
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Over 50 Million People Connected to Electricity Across Africa Under Mission 300
KAMPALA, June 17, 2026 — The World Bank Group and the African Development Bank Group have announced that Mission 300 has now connected more than 50 million people to electricity across 40…
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AfDB’s 2025 Annual Report Highlights Strong Results and a New Chapter for Africa’s Transformation
BRAZZAVILLE, June 1, 2026 — The African Development Bank Group [AfDB] has released its 2025 Annual Report, showcasing another year of strong development results and reaffirming its commitment to advancing a prosperous, inclusive,…
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2026 Annual Meetings: African DFIs unite in support of Mission 300
BRAZZAVILLE, May 29, 2026 — Senior African finance leaders attending the African Development Bank Group’s [AfDB]Annual Meetings in Brazzaville have called for coordinated action to unlock an estimated US$ 250 billion in…
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Nankabirwa urges women to adopt clean energy solutions to save environment
KIBOGA, April 14, 2026 — The Minister of Energy and Mineral Development, Ruth Nankabirwa, has urged women across the country to embrace clean energy solutions, citing their benefits to the environment and…
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AfDB approves new programme to Help African countries turn energy promises into power for millions
ABIDJAN, January 31, 2026 — The Board of Directors of the African Development Bank [AfDB] has approved a new US$ 3.9 million, two-year technical assistance project to support African countries in the implementation of their…
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Over 200,000 customers to gain power as Absa, UEDCL seal Shs 175bln financing deal
KAMPALA, January 23, 2026 — More than 200,000 households and businesses across Uganda are set to gain access to electricity following the recent signing of a landmark financing agreement between Absa Bank…
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UEDCL upgrades Kampala South Substation to meet rising electricity demand
KAMPALA, January 1, 2026 — Households and businesses along Entebbe Road are expected to experience improved electricity reliability following the upgrade of the Kampala South Substation from 20 megawatts to 34 megawatts…
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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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Commodity prices to hit six-year low in 2026 as oil glut expands
KAMPALA, October 30, 2025 — Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World…
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