Electricity
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Technology
AI offers developing economies a lifeline amid weak global growth – World Bank
KAMPALA, August 4, 2026 — Artificial intelligence [AI] could enable developing countries to achieve in a decade what might otherwise take a century, provided governments move quickly to address gaps in electricity,…
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Energy & Mining
MPs grill UEDCL bosses over delayed power connections, blackouts
KAMPALA, August 4, 2026 – Members of Parliament [MPs] have demanded answers from the Uganda Electricity Distribution Company Limited [ UEDCL ] over delays in connecting Ugandans who have paid for the…
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Finance & Banking
EBRD backs new production capacities of critical electricity infrastructure equipment in Croatia
ZAGREB, August 3, 2026 — The European Bank for Reconstruction and Development [EBRD] is providing a senior loan of up to €120 million to KONČAR Group, Croatia’s leading industrial and engineering enterprises,…
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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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News
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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News
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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News
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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News
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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News
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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News
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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