Energy
-
National
Minister Nankabirwa to highlight investment opportunities at Africa Oil Week 202
KAMPALA – Ruth Nankabirwa Ssentamu, the Minister of Energy & Mineral Development will once again speak at Africa Oil Week [AOW], taking place in Cape Town, South Africa from October 9-13, 2023.…
Read More » -
Africa
Partners express support for US$ 900mln Mauritania-Mali power line
NOUAKCHOTT – Development partners have committed to mobilize funding for a US$ 900 million multinational power transmission line between Mauritania and Mali, connecting 620,000 people to electricity. The partners made the commitment…
Read More » -
Cooperatives & Communities
The role of cooperatives in achieving sustainable development
KAMPALA– This year’s International Day of Cooperatives theme is “Cooperatives: partners for accelerated sustainable development”. According to the World Co-operative Monitor, the largest 300 cooperatives and mutuals reported a total turnover of US$ 2,034.98…
Read More » -
Energy & Mining
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…
Read More » -
International
Cogecom’s power generation grows
BRAZILIA – Brazilian distributed generation cooperative Cogecom’s first quarter 2023 power generation grew by more than 150pc from full-year 2022 levels. Cogecom, which focuses on renewable power, generated what it said was…
Read More » -
Africa
AfDB welcomes Banga’s confirmation as World Bank boss
ABIDJAN– African Development Bank [ AfDB ] President Dr. Akinwumi Adesina has congratulated former MasterCard CEO Ajay Banga for his election as head of the World Bank Group, saying he looks forward…
Read More » -
News
DINU programme to close next year
The Development Initiative for Northern Uganda [ DINU ], a Euro 150 million programme funded by the European Union [EU] to support interventions in food security, infrastructures and good governance will close…
Read More » -
Energy & Mining
Gov’t seeks approval of US$ 638 mln to power households
KIRYADONGO-The Ministry of Energy and Mineral Development is pleading with Parliament to approve a US$ 638 million [Shs 2.4 trillion] loan from the World Bank to connect 1,700 households to the national…
Read More » -
Energy & Mining
WBG announces major initiative to electrify Sub-Saharan Africa
WASHINGTON-The World Bank Group [WBG] has announced an innovative initiative to accelerate the pace of electrification in Sub-Saharan Africa to achieve universal access by 2030. The World Bank, the Multilateral Investment Guarantee…
Read More » -
International
Currency depreciations risk intensifying global food, energy crises
WASHINGTON-The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already…
Read More »